Skip to main content

Research Repository

Advanced Search

All Outputs (18)

Cross-border Mergers and Acquisitions from Emerging Economy Firms: A New Channel for Technology Augmentation (2024)
Journal Article
Hong, E., Shin, J.-K., & Zou, H. (2024). Cross-border Mergers and Acquisitions from Emerging Economy Firms: A New Channel for Technology Augmentation. International Journal of Development Issues, 23(2), 282-303. https://doi.org/10.1108/IJDI-03-2023-0083

Purpose: Extending the springboard perspective with the resource dependence theory, the authors posit that cross-border mergers and acquisitions (M&As) are a new channel for emerging economy firms (EEFs) to enhance their technology capabilities. This... Read More about Cross-border Mergers and Acquisitions from Emerging Economy Firms: A New Channel for Technology Augmentation.

Multinational enterprises, intra-regional cross-border M and As, and performance: Location advantages of market versus knowledge (2023)
Journal Article
Lee, I. H. (., Hong, E., & Shin, J. K. (2023). Multinational enterprises, intra-regional cross-border M and As, and performance: Location advantages of market versus knowledge. International Business Review, 32(6), Article 102177. https://doi.org/10.1016/j.ibusrev.2023.102177

Building on the theories of internalization and regional MNEs and using a sample of 11,098 cross-border M&As in 1997–2017, this study investigates performance implications of MNEs’ cross-border M&As aimed to locate overseas market potential versus kn... Read More about Multinational enterprises, intra-regional cross-border M and As, and performance: Location advantages of market versus knowledge.

Do Managers Always Listen to the Market? Evidence from Cross-Border M and As and Accounting Quality = 기업 매니저는 시장의 신호에 항상 귀를 기울이는가? 국제 인수합병 및 회계 기준의 품질을 중심으로 (2023)
Journal Article
Hong, E., & Shin, J. K. (2023). Do Managers Always Listen to the Market? Evidence from Cross-Border M and As and Accounting Quality = 기업 매니저는 시장의 신호에 항상 귀를 기울이는가? 국제 인수합병 및 회계 기준의 품질을 중심으로. Journal of Economic Studies, 41(2), 99-117. https://doi.org/10.30776/JES.41.2.5

Using cross-border merger and acquisition (M&A) data from 2000 to 2010 across 29 major economies, we investigate the interplay between market signal and information asymmetry in shaping corporate managers’ decision to complete M&As. We gauge the mark... Read More about Do Managers Always Listen to the Market? Evidence from Cross-Border M and As and Accounting Quality = 기업 매니저는 시장의 신호에 항상 귀를 기울이는가? 국제 인수합병 및 회계 기준의 품질을 중심으로.

The effect of non-conventional outbound foreign direct investment (FDI) on the domestic employment of multinational enterprises (MNEs) (2020)
Journal Article
Lee, I. H. (., Hong, E., & Makino, S. (2020). The effect of non-conventional outbound foreign direct investment (FDI) on the domestic employment of multinational enterprises (MNEs). International Business Review, 29(3), Article 101671. https://doi.org/10.1016/j.ibusrev.2020.101671

Using a sample of 787 Japanese MNEs operating in 60 countries from 1996 to 2010, this study examines the impacts of MNEs’ three most commonly observed forms of non-conventional outbound FDI (i.e., as a means to counter trade barriers, to achieve a fi... Read More about The effect of non-conventional outbound foreign direct investment (FDI) on the domestic employment of multinational enterprises (MNEs).

The Role of State-Owned Enterprises in Chinese Cross-Border Mergers & Acquisitions : An Institutional Perspective (2019)
Thesis
Bui, K. The Role of State-Owned Enterprises in Chinese Cross-Border Mergers & Acquisitions : An Institutional Perspective. (Thesis). SOAS University of London

Cross-border mergers and acquisitions (M&As) by Chinese enterprises have played a crucial role in China’s expansion in the global economy. Thanks to the impressive internationalization of Chinese enterprises, China has become a major player in the wo... Read More about The Role of State-Owned Enterprises in Chinese Cross-Border Mergers & Acquisitions : An Institutional Perspective.

Outbound Foreign Direct Investment (FDI) Motivation and Domestic Employment by Multinational Enterprises (MNEs) (2018)
Journal Article
Hong, E., Lee, I. H., & Makino, S. (2019). Outbound Foreign Direct Investment (FDI) Motivation and Domestic Employment by Multinational Enterprises (MNEs). Journal of International Management, 25(2), Article 100657. https://doi.org/10.1016/j.intman.2018.11.003

This study investigates whether and how outbound foreign direct investment (FDI) boosts or reduces domestic employment by multinational enterprises (MNEs). Based on analyses of a firm-level sample of 18,252 subsidiary-year cases of Japanese MNEs in 5... Read More about Outbound Foreign Direct Investment (FDI) Motivation and Domestic Employment by Multinational Enterprises (MNEs).

Does Foreign Direct Investment Stimulate New Firm Creation? In Search of Spillovers through Industrial and Geographical Linkages (2016)
Journal Article
Sun, L., Lee, I. H., & Hong, E. (2017). Does Foreign Direct Investment Stimulate New Firm Creation? In Search of Spillovers through Industrial and Geographical Linkages. Small Business Economics, 48(3), 613-631. https://doi.org/10.1007/s11187-016-9803-0

This paper examines the spillover effects of inward foreign direct investment (FDI) on the entrepreneurial activities of new firm creation through both industrial and geographical linkages. Using a dataset of 44,434 newly created small firms in 234 r... Read More about Does Foreign Direct Investment Stimulate New Firm Creation? In Search of Spillovers through Industrial and Geographical Linkages.

Location Decisions of Inward FDI in Sub-national Regions of a Host Country: Service versus Manufacturing Industries (2016)
Journal Article
Lee, I. H., Hong, E., & Makino, S. Location Decisions of Inward FDI in Sub-national Regions of a Host Country: Service versus Manufacturing Industries. Asia Pacific Journal of Management, 33(2), 343-370. https://doi.org/10.1007/s10490-015-9456-6

Built on the differences between services and manufacturing sectors, this study examines the general proposition that service and manufacturing multinational enterprises (MNEs) have different responsiveness to location-specific characteristics when c... Read More about Location Decisions of Inward FDI in Sub-national Regions of a Host Country: Service versus Manufacturing Industries.

Some Bad News is Good News for Foreign Investors: The Case of Intellectual Property Rights Infringement in China (2016)
Journal Article
Kim, I., Hong, E., Shin, J. K., & Sun, L. Some Bad News is Good News for Foreign Investors: The Case of Intellectual Property Rights Infringement in China. Thunderbird International Business Review, 58(4), 317-329. https://doi.org/10.1002/tie.21782

Despite China's attractiveness to foreign investors, intellectual property rights (IPR) protection in China has not caught up with international standards. This research aims to quantify the relationships between IPR violations, government effectiven... Read More about Some Bad News is Good News for Foreign Investors: The Case of Intellectual Property Rights Infringement in China.

Entrepreneurship across Time and Space: Empirical Evidence from Korea (2014)
Journal Article
Hong, E., Lee, I. H., Sun, L., & Harrison, R. (2015). Entrepreneurship across Time and Space: Empirical Evidence from Korea. Small Business Economics, 44(3), 705-719. https://doi.org/10.1007/s11187-014-9613-1

This paper investigates the temporal and spatial dynamics of business start-up activities and their determinants. It integrates three perspectives in explaining regional variations of start-ups: (i) spatial heterogeneity that characterizes regional d... Read More about Entrepreneurship across Time and Space: Empirical Evidence from Korea.

Regional Knowledge Production and Entrepreneurial Firm Creation: Spatial Dynamic Analyses (2013)
Journal Article
Lee, I. H., Hong, E., & Sun, L. (2013). Regional Knowledge Production and Entrepreneurial Firm Creation: Spatial Dynamic Analyses. Journal of Business Research, 66(10), 2106-2115. https://doi.org/10.1016/j.jbusres.2013.02.037

This study assesses whether and to what extent new knowledge available in a region and its surrounding regions induces and facilitates new firm creation, an important topic that is largely left untested in the literature. Using a full population firm... Read More about Regional Knowledge Production and Entrepreneurial Firm Creation: Spatial Dynamic Analyses.

Incorporating Technology Diffusion, Factor Mobility and Structural Change into cross-region Growth Regression: An Application to China (2010)
Journal Article
Sun, L., Hong, E., & Li, T. (2010). Incorporating Technology Diffusion, Factor Mobility and Structural Change into cross-region Growth Regression: An Application to China. Journal of Regional Science, 50(3), 734-755. https://doi.org/10.1111/j.1467-9787.2009.00623.x

This paper advocates a spatial dynamic model that introduces technology diffusion, factor mobility, and structural change into the cross-region growth regression. The spatial setting is derived from theory rather than spatial statistical tests. An ap... Read More about Incorporating Technology Diffusion, Factor Mobility and Structural Change into cross-region Growth Regression: An Application to China.