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Global Firms (global + firm)

Distribution by Scientific Domains
Business, Economics, Finance and Accounting80%

Selected Abstracts

Born Global Firms and Informal Investors: Examining Investor Characteristics

JOURNAL OF SMALL BUSINESS MANAGEMENT, Issue 4 2008
Øystein Moen
A "Born Global" is a new venture with a global niche market focus from day one. Many of these firms experience high growth rates, but also, a considerable need for funding. This study contrasts informal investors involved in born global firms ("Born Global Investors") with other informal investors. The underlying thesis is that the behavior of these investors reflects their investment philosophy, at least on a differential basis. The results suggest that born global investors differ from other informal investors in terms of deal origin, investment size, and exit preferences. Their experience as managers of large firms seems to be a particularly important factor, increasing investment capacity (income and fortune), while personal and professional networks influence the access to information about investment opportunities. The importance of these results for the development of born global firms is discussed. [source]

How a major multinational is working to overcome the barriers to improved expatriate ROI

GLOBAL BUSINESS AND ORGANIZATIONAL EXCELLENCE, Issue 3 2008
Yvonne McNulty
Despite the growing use of international assignments and the high cost of expatriates, few global firms have found the key to gauging the success of their mobility program, especially their expatriate return on investment (ROI). The author reports on one global firm that has made great strides towards a practical ROI tool by targeting the fundamental systems and processes needed to manage international assignments. The author also makes the case that an assignment's purpose, relative to business and/or organizational strategies, determines the types of inputs and outcomes to measure; and that ROI determinations for expatriates must include intangible and long-term benefits and costs. © 2008 Wiley Periodicals, Inc. [source]

Born Global Firms and Informal Investors: Examining Investor Characteristics

JOURNAL OF SMALL BUSINESS MANAGEMENT, Issue 4 2008
Øystein Moen
A "Born Global" is a new venture with a global niche market focus from day one. Many of these firms experience high growth rates, but also, a considerable need for funding. This study contrasts informal investors involved in born global firms ("Born Global Investors") with other informal investors. The underlying thesis is that the behavior of these investors reflects their investment philosophy, at least on a differential basis. The results suggest that born global investors differ from other informal investors in terms of deal origin, investment size, and exit preferences. Their experience as managers of large firms seems to be a particularly important factor, increasing investment capacity (income and fortune), while personal and professional networks influence the access to information about investment opportunities. The importance of these results for the development of born global firms is discussed. [source]

Globalization as Boundary-Blurring: International and Local Law Firms in China's Corporate Law Market

LAW & SOCIETY REVIEW, Issue 4 2008
Sida Liu
The worldwide expansion of international law firms has generated regulatory battles and workplace conflicts in advanced market economies as well as developing countries. This article uses the case of China to explore the changing global,local relationship in the globalization of the legal profession and to understand the role of the government in constituting the corporate law market. The author argues that the globalization of the Chinese corporate law market is a process of boundary-blurring and hybridization, by which local firms become structurally global-looking and global firms receive localized expertise. Boundary-blurring occurs in law firms' workplaces, in lawyers' career trajectories, and in state regulatory policies. It has produced a localized expertise that can be diffused conversely from local firms to global firms and has partially changed their relationship from collaboration to competition. Consequently, it becomes increasingly difficult for the government to make or enforce any substantive policy to clarify the market boundary between these two types of law firms. [source]