Suchergebnisse

One important success factor of foreign firms in Russia is the establishment of efficient networks with non-market stakeholders. Stakeholder networks may help foreign firms to obtain relevant information, accelerate administrative decisionmaking and reduce political risks. The objective of this study is to analyze the stakeholder networks between German investors in Russia and their sociopolitical interest groups. The study is based on in-depth interviews with the representatives of 3 German firms and 16 socio-political interest groups in autumn 2006. The results of a within-case and a cross-case analysis reveal that the development of stakeholder relations is important for the success of foreign companies in Russia. These may differ in size, intensity, density and centrality, depending on the industry and the particular socio-political issues these companies are confronted with. ; Ein wichtiger Erfolgsfaktor ausländischer Unternehmungen in Russland ist die Etablierung effizienter Netzwerke mit nicht-marktlichen Interessengruppen. Stakeholder-Netzwerke unterstützen diese bei der Informationssuche, beschleunigen Entscheidungsprozesse und reduzieren politische Risiken. Das Ziel dieser Studie ist die Analyse von Stakeholder-Netzwerken in Russland. Die Studie basiert auf Interviews mit Repräsentanten von drei deutschen Unternehmungen und 16 sozio-politischen Interessengruppen im Herbst 2006. Die Ergebnisse unterstreichen, dass sich die Etablierung von Stakeholder- Netzwerken positiv auf den Erfolg in Russland auswirkt. Die Größe, Intensität, Dichte und Zentralität von Stakeholder-Netzwerken hängt von der Branche und den sozio-politischen Anliegen ab, mit denen Unternehmungen konfrontiert sind.

This article analyzes political strategies of MNC subsidiaries in emerging markets. We find that institutional pressures from public and private non-market actors in the emerging market lead to increased political activism. Furthermore, we find that these relationships become stronger, when the external pressures are joined by strong firm-internal pressures. Our findings contribute to the scarce literature on firms' political strategies in emerging markets. They also support recent criticism of institutional theory's strong focus on isomorphism as the most important legitimacy-conveying mechanism. We argue that the isomorphism-based either-or logic gives way to stronger agency of the subsidiary and to a logic of active negotiation and social construction of the subsidiary's legitimacy in the emerging market. Our findings show support for this idea as political activism is one such way how the subsidiary's legitimacy can be built and nurtured.

In this paper, we broaden the conceptualization of institutions beyond the nation-state and develop the concept of an institutional triality that represents two national institutional environments and the supranational level. While much of international business (IB) research has focused on national institutions and the differences between them, little attention and theorizing has been dedicated to the supranational institutions that form an integral part of the global institutional ecosystem. First, we conduct an interdisciplinary bibliometric survey on supranational institutions and a qualitative review of the central publications. Second, we initiate theory building and conceptualize supranational institutions from an IB point of view, distinguish them from related IB concepts, and discuss the conceptual properties of supranational institutions that are most relevant for MNCs. Building on these distinctions and properties, we provide a conceptual framework for understanding supranational institutions in the institutional triality. Third, we provide avenues for IB research building on the delineations, the conceptual properties, and the conceptual framework. SUPPLEMENTARY INFORMATION: The online version contains supplementary material available at 10.1057/s41267-022-00537-3.

International Business in Times of Crisis classifies studies of crises relevant to international business research following a global pandemic which exposed systems failures and fragilities closely across global economic, financial, political, and social systems.