International-Business Political Behavior: New Theoretical Directions

Alternative assumptions are advanced regarding the political nature of international business and the role of government as a factor of production, which firms must manage in their international value-added chains. Based on a model of business political behavior, various propositions are developed r...

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Veröffentlicht in:The Academy of Management review 1994-01, Vol.19 (1), p.119
Hauptverfasser: Boddewyn, Jean J, Brewer, Thomas L
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Brewer, Thomas L
description Alternative assumptions are advanced regarding the political nature of international business and the role of government as a factor of production, which firms must manage in their international value-added chains. Based on a model of business political behavior, various propositions are developed regarding the interactions among firm, industry, and nonmarket factors as well as the impact they have on various forms and intensities of political behavior, as affected by strategic objectives. Finally, the strategic-theorizing implications of such behavior are discussed in the context of the recent emphasis on resource-based models of strategy management. Political behavior can be a source of efficiency, market power, and legitimacy - particularly so in international contexts where political arbitrage and leverage opportunities are more variegated and abundant. Besides, political behavior is intrinsic to international business because crossing borders introduces firms to other sovereignties.
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source Periodicals Index Online; EBSCOhost Business Source Complete; Alma/SFX Local Collection
subjects Competition
Efficiency
Exports
Government
International business
International markets
International trade
Legitimacy
Objectives
Organization theory
Political behavior
Political power
Political risk
Politics
Retail banking
Strategic planning
Transnationalism
Variables
title International-Business Political Behavior: New Theoretical Directions
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