Internationalization speed and subsidiary survival of EMNCs: The moderating roles of CEO international experience and state ownership

2021 ◽  
pp. 101340
Author(s):  
Changjun Yi ◽  
Jipeng Zhang ◽  
Yun Zhan ◽  
Xiaojuan Yan ◽  
Chusheng Chen
Keyword(s):  
International Experience ◽  
State Ownership ◽  
Subsidiary Survival ◽  
Internationalization Speed

Reform in the Rail and Electricity sectors in Russia: Restructuring, Competition and the Ministry for Antimonopoly Policy

2003 ◽  
Vol 53 (4) ◽  
pp. 339-362 ◽  
Author(s):  
R. Pittman
Keyword(s):  
Russian Federation ◽  
Structural Changes ◽  
International Experience ◽  
State Ownership ◽  
The Past ◽  
The Russian Federation ◽  
The Government ◽  
And Control ◽  
Two Sectors

The Russian Federation is in the process of making major structural changes to its railway and electricity sectors. Both sectors will be at least partly vertically disintegrated, with the aim of creating competition in the “upstream” sector while maintaining state ownership and control of the monopoly “grid”. This paper examines the details of reform and restructuring in the context of the international experience with reform and restructuring in these two sectors, and considers the role of the Ministry for Antimonopoly Policy in reform, both in the past as an “advocate for competition” within the government, and in the future as the guarantor of non-discriminatory access to the grids by non-integrated upstream producers.

Internationalization speed and firm innovation: the moderating roles of negative attainment discrepancy and state-ownership

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Qiuping Peng ◽  
Xi Zhong ◽  
Huaikang Zhou ◽  
Shanshi Liu
Keyword(s):  
Fixed Effects ◽  
State Ownership ◽  
Decision Makers ◽  
Firm Innovation ◽  
Content Type ◽  
Chinese Listed Companies ◽  
Internationalization Speed ◽  
Using Data ◽  
Panel Fixed Effects ◽  
The Relationship

Purpose This paper aims to investigate the moderating roles of negative attainment discrepancy and state ownership in the relationship between internationalization speed and firm innovation. Design/methodology/approach Panel fixed-effects regressions model was applied to test the influence of internationalization speed on firm innovation using data collected from Chinese listed companies between 2003 and 2017. Findings The internationalization speed can positively promote firm innovation. Moreover, negative attainment discrepancy enhances the effect of internationalization speed on firm innovation. The effect of negative attainment discrepancy on internationalization speed and firm innovation performance is more positive in state-owned firms than in non-state-owned firms. Research limitations/implications A suitable time of internationalization speed to affect firm innovation is obtained. Practical implications This paper suggests that decision-makers should set an appropriate aspiration to internationalize firms and increase firm innovation. Moreover, state-owned enterprises should pay attention to negative attainment discrepancies. Originality/value The study revealed the boundary conditions of negative attainment discrepancy and state ownership on the relationship between internationalization speed and firm innovation, contributing to the theoretical advancements in internationalization speed.

Ownership structure and OFDI by EMNES: the moderating effects of international experience and migrant networks

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Changjun Yi ◽  
Yun Zhan ◽  
Jipeng Zhang ◽  
Xiaoyang Zhao
Keyword(s):  
Ownership Structure ◽  
Emerging Market ◽  
International Experience ◽  
State Ownership ◽  
Ownership Concentration ◽  
Moderating Effects ◽  
Content Type ◽  
Migrant Networks ◽  
Positive Effect ◽  
Heterogeneous Resources

PurposeThis study investigates the effect of ownership structure – ownership concentration and firm ownership – on outward foreign direct investment (OFDI) by emerging market multinational enterprises (EMNEs), and further explores the moderating effects of international experience and migrant networks on this relationship.Design/methodology/approachData of Chinese MNEs listed on Shenzhen and Shanghai stock exchanges between 2005 and 2016 are used. The empirical analysis is based on the negative binomial regression model.FindingsThe empirical results reveal a significant inverted-U relationship between ownership concentration and OFDI by EMNEs. State ownership is found to have a positive effect on OFDI by EMNEs. Both international experience and migrant networks strengthen the inverted-U relationship between ownership concentration and OFDI as well as the positive effect of state ownership on OFDI by EMNEs.Practical implicationsEMNEs need to maintain a moderate ownership concentration when conducting OFDI, and they are supposed to make full use of their own international experience and focus on migrant networks of the host country. Policy-makers in emerging economies need to better create a fair business environment for enterprises.Originality/valueCombining agency theory and the resource-based view, this study integrates ownership structure, firm-level heterogeneous resources – international experience and country-level heterogeneous resources – migration networks into a framework to study OFDI by EMNEs, which expands the scope of research in international business.

On Mechanisms of Realization of the Public Procurement of Construction Works (The Case of Road Const ruction)

2003 ◽  
pp. 68-80
Author(s):  
A. Dementiev ◽  
A. Zolotareva ◽  
A. Reus
Keyword(s):  
Public Procurement ◽  
Road Construction ◽  
International Experience ◽  
The Public ◽  
Government Purchases ◽  
Efficiency And Effectiveness ◽  
Construction Works ◽  
Budget Expenditure

The most important measures stimulating the increase of efficiency and effectiveness of budget expenditures on road construction are the improvement of pricing mechanisms and increasing efficiency of the procedures of government purchases of goods, works and services. The paper includes the analysis of main problems that arise in the process of government purchases and construction pricing with the reference to budget expenditure on road construction. It includes the review and analysis of international experience and possible measures of increasing the efficiency and effectiveness of government purchases and (road) construction pricing in Russia.

Forestry: The Mechanisms of the Accordance of the Rights of User Analysis

2006 ◽  
pp. 57-70 ◽  
Author(s):  
A. Manakov
Keyword(s):  
International Experience ◽  
Auction Design

The author considers the ways in which the rights of user of the forestry in Russia are granted. The article analyzes the international experience of forest auctions and describes the main problems of the auction design.

Perspectives of Reforming the System of Interbudget Relations in Russia (in the Light of the International Experience)

2006 ◽  
pp. 112-127 ◽  
Author(s):  
V. Nazarov
Keyword(s):  
Social Welfare ◽  
Intergovernmental Relations ◽  
International Experience ◽  
Point Of View ◽  
Short History ◽  
History Of

The attempts to reconstruct the instruments of interbudget relations take place in all federations. In Russia such attempts are especially popular due to the short history of intergovernmental relations. Thus the review of the ¬international experience of managing interbudget relations to provide economic and social welfare can be useful for present-day Russia. The author develops models of intergovernmental relations from the point of view of making decisions about budget authorities’ distribution. The models that can be better applied in the Russian case are demonstrated.

Introduction of Full Convertibility of National Currency: Problems of Theory and Practice

2005 ◽  
pp. 61-71 ◽  
Author(s):  
A. Navoi
Keyword(s):  
Transition Economies ◽  
International Experience ◽  
Theory And Practice ◽  
National Currency ◽  
Russian Economy ◽  
Advanced Economies ◽  
Additional Income

The article is devoted to actual questions of introducing convertibility of the ruble. The structure and definitions of convertibility are considered. On the basis of the international experience the economic essence of convertibility as a source of additional income of the states-emissioners is revealed. The sequence of stages of convertibility in advanced economies is presented, basic problems of introducing convertibility in developing as well as in transition economies are studied. The experience of transition to convertibility of the ruble and corresponding consequences for the Russian economy are analyzed.

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