Utilizing the Chinese Diaspora by Russian Firms: Capabilities and Legitimacy Implications

2021 ◽  
pp. 1-32
Author(s):  
Tatiana Kostova ◽  
Andrei Panibratov ◽  
Liana Rysakova
Keyword(s):  
Host Country ◽  
Emerging Market ◽  
Past Research ◽  
Global Scale ◽  
Organizational Legitimacy ◽  
Organizational Capabilities ◽  
Chinese Diaspora ◽  
Diaspora Literature ◽  
The Impact ◽  
At Home

ABSTRACT This article examines the impact of foreign diasporas on host country firms. It contributes to diaspora research by focusing on the context of emerging market host countries and the specific case of Chinese diaspora in Russia. Drawing on the concepts of organizational capabilities and organizational legitimacy, we explain how the Chinese diaspora can be beneficial for the competitiveness of Russian firms, and how Russian firms can uniquely leverage these potential benefits through engagement with individual Chinese diasporans and diaspora institutions. Our article adds to the diaspora literature in several ways. First, unlike the majority of past research, which tends to focus on the benefits for the diaspora's home country, we highlight the potential impact on host country firms, specifically their capabilities and legitimacy at home and abroad. Second, our model can be viewed as a direct response to the many calls in the literature to study the microfoundations of firms’ capabilities. Third, we add to the legitimacy literature by proposing that engagement with a foreign diaspora can help host country firms establish and maintain their legitimacy both at home and on a global scale. Although our framework is informed by the Chinese diaspora in Russia, we discuss its generalizability to other contexts.

Daily Assessment of Executive Functioning and Expressive Suppression Predict Daily Functioning among Community-Dwelling Older Adults

2021 ◽  
pp. 1-10
Author(s):  
Stacey L. Brothers ◽  
Yana Suchy
Keyword(s):  
Older Adults ◽  
Executive Functioning ◽  
Past Research ◽  
Community Dwelling ◽  
Self Report ◽  
Expressive Suppression ◽  
Emotion Regulation Strategy ◽  
Ecological Momentary ◽  
The Impact ◽  
At Home

Abstract Objective: Executive functioning (EF) is known to be associated with performance of instrumental activities of daily living (IADLs). However, prior research has found that the degree to which EF fluctuates was more predictive of self-reported cognitive and IADL lapses than was average EF performance. One source of such EF fluctuations is engagement in an emotion regulation strategy known as expressive suppression (ES). Importantly, ES has also been shown to relate to IADL performance, presumably due to its impact on EF. However, past research is limited due to assessing IADLs only in the laboratory or via self-report. The present study examined (a) the association of daily EF and ES fluctuations with performance of actual IADL tasks in participants’ homes, and (b) whether any significant association between ES fluctuations and daily IADLs would be mediated by daily EF variability. Method: Participants were 52 older adults aged 60 to 95. Over the course of 18 days while at home, participants completed daily IADL tasks as well as daily measures of EF and ES via ecological momentary assessment. Results: Contrary to our hypothesis, average EF across days predicted at-home IADLs above and beyond daily EF variability, which itself was also predictive. ES variability also predicted daily IADLs, and this association was fully mediated by average daily EF. Conclusions: Daily fluctuations in ES appear to have a deleterious impact on performance of IADLs at home, likely due to the impact of such fluctuations on EF, although the average level of EF capacity is also important.

Foreign Ownership and Corporate Social Responsibility: The Case of an Emerging Market

2020 ◽  
pp. 097215092092044 ◽  
Author(s):  
Kalpana Tokas ◽  
Kartik Yadav
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Host Country ◽  
Emerging Market ◽  
Business Group ◽  
Foreign Ownership ◽  
Foreign Firms ◽  
Domestic Firms ◽  
Corporate Social ◽  
The Impact

This article adds to the international business and corporate social responsibility (CSR) literature by investigating the impact of foreign ownership on the CSR expenditures of firms in a host country, within an emerging market context. Previous studies have examined the relationship between ownership structure and CSR engagement, primarily for the case of developed nations. This article explores the linkages between the CSR spending of foreign-owned firms in relation to their domestic counterparts for the Indian context. India provides a unique case because of the landmark legislation undertaken in 2014 that mandated CSR spending for firms based in India. This study examines the motivations that guide the CSR strategies of foreign firms in host nations and attempts to explain the usage of CSR spending as a tool to overcome Liability of Foreignness and achieve legitimacy using the neo-institutional theory. Within this unique setting, a sample of 3591 firm years in India for 2014–2018 is used to examine whether foreign-owned firms indulge in a higher CSR expenditure relative to domestic firms, using a random-effects model. Further, it is also examined whether business group-affiliated foreign firms spend differently on CSR than standalone foreign enterprises in the host nation. The results show that foreign ownership is associated with a higher CSR spending than domestic firms by an average of ₹1.35 million in the host country. Furthermore, among foreign firms, a business group affiliation leads to a higher CSR spending by an average of ₹1.55 million as compared to stand-alone foreign firms.

Sicherung privater Investitionen – ein geeignetes Instrument der Entwicklungshilfe?

2008 ◽  
Vol 57 (3) ◽  
Author(s):  
Peter Egger ◽  
Andreas Freytag ◽  
Sebastian Voll ◽  
Philipp Harms
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Property Rights ◽  
Host Country ◽  
Emerging Market ◽  
Developed Countries ◽  
Bilateral Investment Treaties ◽  
Investment Treaties ◽  
The Impact

AbstractPeter Egger’s paper provides a synthesis of findings with regard to the impact of bilateral as well as multilateral means of protection of cross-border direct investments in less developed countries and, in turn, on their economic growth. In particular, he focuses on the role of bilateral investment treaties and multilateral agreements such as the GATS in this regard. Previous empirical work identifies a significant positive impact of bilateral investment treaties on FDI. It suggests a similar impact of the GATS on FDI. He argues that these agreements contribute significantly to economic growth in less developed economies and countries in transition by spurring technology transfers through multinational activity of the developed countries in other economiesAndreas Freytag and Sebastian Voll emphasize the important role of adequate institutions both for investment and development. The question is, whether investment guarantees as insurance for political risks in the recipient country support economic development or not. Actually, the German Federal Republic is the leading warrantor for FDI-insurances on the world, but the benefiting countries are not the LDC’s. Using these warranties as an instrument of development policy in the future is content of actual political discussion. They argue that, in case of economies with weak domestic institutions, investment guarantees could provide disincentives for politicians in the target country to establish rule of law and good governance. On the other hand, investment guarantees could foster development by providing additional access to FDI, especially in emerging market economies with sufficient and improving institutional qualityPhilipp Harms points out while foreign direct investment (FDI) flows to developing countries and emerging markets have increased substantially in recent years, many low-income countries are still shunned by multinational firms. One of the key causes for this observation is the poor quality of institutions and an often precarious political environment in these countries. Given the benefits of FDI for host country productivity and income levels, it could thus be argued that protecting the security of property rights is an effective way of enhancing growth and prosperity in poor countries. While he agrees with this point of view, he argues that “traditional” forms of development aid can substantially contribute to an improved investment climate in developing countries. This argument is based on the notion that insecure property rights reflect distributional conflicts in the host country population, and that appropriate development support can shift agents’ distributional interests in favor of foreign firms.

Holding Up Half the Family

2021 ◽  
Vol 17 (1) ◽  
pp. 179-195
Author(s):  
Michael Williams (韋邁高)
Keyword(s):  
Twentieth Century ◽  
South China ◽  
Chinese Diaspora ◽  
Close Connection ◽  
White Settler ◽  
Relative Wealth ◽  
The Family ◽  
Chinese Overseas ◽  
The Impact ◽  
At Home

Abstract The Chinese diaspora seen as a movement, at least in the years before the mid-twentieth century, is characterised largely as one of men. But the majority of these men stayed in close connection with an equally great, if not larger, group of women who remained at home in their south China villages. It is argued here that the role and significance of these women of the villages in the Chinese diaspora has been greatly under-researched. It is also argued that such neglect has meant that too great an emphasis has been put in the literature on leaving and settlement, as opposed to remaining and returning. Life for these women in the villages was one dependent on remittances, which in turn was a mixture of relative wealth and poverty, dependence and independence, authority and anxiety, and loneliness and freedom. It is concluded that the integration of half the participants in the Chinese diaspora – in so far as our largely male-based sources allow – into the literature of the Chinese overseas has much to offer in terms of our interpretation of the impact of the restrictive laws of the white-settler nations and of the motivations of those who returned to the villages and of those who did not.

GLOBAL FINANCIAL SHOCKS AND THEIR ECONOMIC IMPACT ON EMERGING MARKET ECONOMIES

2013 ◽  
Vol 04 (02) ◽  
pp. 1350008 ◽  
Author(s):  
GUSTAVO ADLER ◽  
CAMILO E. TOVAR
Keyword(s):  
Emerging Economies ◽  
Financial Integration ◽  
Emerging Market ◽  
Global Scale ◽  
Financial Shocks ◽  
The Past ◽  
Advanced Economies ◽  
Macroeconomic Fundamentals ◽  
The World ◽  
The Impact

The world has experienced episodes of global financial stress every 2.5 years on average over the past two decades, with repercussions on a global scale. Over the same period, emerging economies have improved their macroeconomic fundamentals while becoming increasingly integrated with the world. Against this backdrop, are these economies more or less vulnerable to large global financial shocks? What roles have macroeconomic fundamentals and financial integration played in amplifying or buffering the impact of these shocks? This paper addresses these questions by examining the output cost associated with these events in 40 emerging and nine "small" advanced economies during the period 1990–2010.

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