All Events

Internationalization and Corporate Governance – A study of Indian Family Owned Business Groups

Associate Professor Dr. S.Subramanian, Indian Institute of Management Kozhikode
11th Apr 2018 12:00pm-1:30pm Rm 4150, Lv 4, Abercrombie Bldg (H70)


The current empirical research works on the relationship between internationalization and corporate governance practices in the context of emerging markets broadly indicated a positive relationship. However, how the relationship emerges is not elaborated. This paper attempts to fill this research gap and tries to understand the relationship between firm-level/group level corporate governance practices and internationalization using qualitative research method, in the context of family-owned business groups in India. Comparative case study method is used to understand the above-said relationship using four family-owned business groups in India, namely Tata Group, Reliance Industries Group, Aditya Birla Group and Mahindra Group. We study the board structure, professionalization of management and the ownership structure of the firms belonging to the four business groups and analyse how they influenced the internationalization of the group. Based on the analysis, this paper maps the influence of each of the governance parameter on the internationalization of the group firms. This paper also develops hypotheses based on the findings which would help the future research work on relationship between firm-level corporate governance practices and Internationalization.


Dr.S.Subramanian is an Associate Professor (Strategic Management Area) with Indian Institute of Management Kozhikode, India. He has 18 years of experience in management teaching, research and consulting.  His research and teaching interests include Family Business Management, Corporate Governance and International Business. He has published in reputed peer-reviewed journals and magazines. He has taught in top management school in India and Europe at graduate programs, PhD programs and also in Executive training programs.

Date: Wednesday 11 April
Time: 12.00pm - 1.30pm
Venue: Room 4150, Level 4, Abercrombie Building (H70)

Please RSVP to before Thursday 5th April.

AMJ Paper & Idea Development Workshop

, Academy of Management Journal
6th Apr 2018 9:00am-10:20am Seminar Room 2003, Abercrombie Building (H70)

Link to the programme schedule PDF"

How much do national institutions matter for variance in firm performance?

Professor Markus Fitza, Frankfurt School of Finance & Management
5th Apr 2018 12:00pm-1:30pm Rm 5050, Lvl 5, Abercrombie Bldg (H70)

We use a variance decomposition analysis to assess the degree to which national institutions effect firm performance. Prior variance decomposition studies have found that industry explains a significant amount of variance in firm performance. However, these studies have largely ignored another critical factor in the environment of firms: national institutions.

In this study, we introduce national formal institutions to the variance decomposition literature and test how these institutions affect firm performance directly and through its influence on the industry effect. The inclusion of institutional settings in this line of research also contributes to our understanding of firm performance across countries.

Information about Professor Fitza

Professor Fitza’s papers

Date: Thursday 5th April
Time: 12.00pm – 1.30pm
Venue: Room 5050, Level 5, Abercrombie Building (H70)

RSVP: Please RSVP to before COB Monday 26th March 2018.

A light lunch will be available.

The Future of International Business Research: Big Questions, Grand Challenges and a Way Forward

Jonathan Doh, Villanova School of Business
16th Feb 2018 12:00pm-2:00pm Rm 4120, Lv 4, Abercrombie Bldg - H70

Abstract: Management and IB research have come under fire for a range of shortcomings. In this presentation, I will review some of those critiques, identify areas where IB scholarship has made tangible contributions to both research and practical understanding, and identify two central “translation” challenges in IB and management research. I will advocate for a redirection of IB research towards “grand challenges” in global business and the use of interdisciplinary research methods, multilevel approaches, and phenomena-driven perspectives to address those questions. I will argue that IB can play a more constructive and vital role by tackling expansive topics at the business–societal interface.

Bio: Jonathan Doh is Associate Dean of Research, the Rammrath Chair in International Business, Faculty Director of the Centre for Global Leadership, and Professor of Management at Villanova School of Business. He teaches and does research in the areas of international business, strategic management, and corporate responsibility. Previously, he taught at Georgetown and American University, worked as a trade official with the U.S. government, and served as a consultant with Deloitte. He is co- Editor-in-Chief of Journal of World Business. He is a Fellow of the Academy of International Business and has been ranked as among the 12 most prolific IB researchers in the world. He has been a visiting scholar at numerous universities, including University of Sydney. He received his PhD from George Washington University.

12.00pm – 14:00pm
Rm 4120, Lv 4, Abercrombie Bldg - H70
A light lunch will be served.

Please RSVP to before Wednesday 14th, February.

Conference on “Advancing Emerging Markets Research” at University of Sydney, Suzhou Campus

University of Sydney Suzhou Campus; University of Sydney Business School,
21st Nov 2017 - 22nd Nov 2017 University of Sydney Suzhou Campus

Confirmed Speakers: JT Li (HKUST), Jane Lu (CEIBS), Daphne Yiu (CUHK), Chris Ahmadjian (Hitotsubashi), Ajai Gaur (Rutgers), Lin Cui (ANU), Tao Bai (XJTLU)
University of Sydney participants: Vikas Kumar, Wu Zhan, Gracy Yang, Chinmay Pattnaik, Yi Li

View the Conference Program PDF

Public Policy Making in India

Emerging Market Internationalization Research Group (EMIRG),
20th Nov 2017 9:30am-12:30pm Rm 5070, Abercrombie Building (H70)

This specialist workshop is sponsored by the Emerging Market Internationalization Research Group (EMIRG), The University of Sydney Business School.

When: November 20th 9:30am - 12:30pm
Venue: Sydney Business School – Rm 5070, H70 Abercrombie Building

This workshop will showcase current research on public policy making in contemporary India. Papers will canvas developments in a variety of public policy domains including renewable energy, employment, consumer protection, credit, and food security.

Presenters include:

  • Professor Vinish Kathuria, Visiting Chair in Contemporary India, hosted by The University of Sydney Business School
  • Professor Amitendu Palit, Institute for South Asia Studies, National University of Singapore
  • Dr Elizabeth Hill, Political Economy
  • Professor Bill Pritchard, Human Geography
  • Professor Gail Pearson, Business Law

Colleagues and post-graduate students working on India are very welcome to participate. Please RSVP to

Reports from the global field: The IMPACT project

Professor Jason Shaw, The Hong Kong Polytechnic University
11th Oct 2017 12:00pm-1:30pm Rm 5040, Lv 5, Abercrombie Bldg - H70

Abstract: This presentation will outline the IMPACT (Investigating Merit Pay across Countries and Territories) project, a global study of the psychological reactions to pay increases. The study involves a comparative test of four alternative theories, derived from four distinct areas of social sciences, of how individuals reaction to pay changes based on their prior performance. The study involves primary data collections before and after pay increases, as well as organizational pay raise records. At present, more than 50 countries are involved in the project with data collections ongoing or complete in more than 25 countries.

Bio: Jason D. Shaw is Yeung Kin Man Professor in Business Administration, Chair Professor of Management, Head of Department of Management and Marketing, and Director of the Centre for Leadership and Innovation in the Faculty of Business at The Hong Kong Polytechnic University. He is the Editor-in-Chief of Academy of Management Journal (2016-2019). His research has appeared or been accepted for publication in the Academy of Management Journal, Academy of Management Review, Journal of Applied Psychology, Organization Science, Strategic Management Journal, Organizational Behavior and Human Decision Processes, Personnel Psychology, and Journal of Management, among other scientific outlets. He has served or is serving on the editorial boards of Academy of Management Journal, Academy of Management Review, Journal of Applied Psychology, Personnel Psychology, and Journal of Management, among others. He has been invited for visiting scholar positions and other speaking engagements in China, Finland, Austria, Denmark, Norway, England, Germany, Hong Kong, Spain, Israel, Macau, Ghana, Ethiopia, Czech Republic, Ireland, Belgium, Taiwan, Singapore, Australia, Canada, Belgium, Thailand, and the USA. Prior to his appointment at PolyU, he was the Curtis L. Carlson School-wide Professor in the Carlson School of Management at the University of Minnesota, the Clark Material Handling Company Professor at the University of Kentucky, an assistant professor at Drexel University, and an analyst for the Boeing Company. He received his Ph.D. from the University of Arkansas in 1997.

Please RSVP to before Wednesday 4th September.


The CAGE around Cyberspace? How Demand Side Bricolage strategies accelerate the Internationalization speed of Digital Start-ups

Professor Sali Li, University of South Carolina
3rd Oct 2017 12:00pm-1:30pm Rm 5070, Lv 5, Abercrombie Bldg - H70

Abstract: How digital start-ups internationalize their digital innovations in cyberspace, and what strategies can facilitate their international expansion? By examining factors affecting the internationalization speed of 127 apps at Apple’s app store, we find that despite apps are available to international users via global platforms, their international penetration is still subject to cultural, administrative, geographic and economic (CAGE) distances. However, our results suggest that app developers may overcome CAGE distances by involving users as a demand side bricolage. We contribute to an improved understanding of the internationalization process of digital start-ups and also extend demand side strategies in international entrepreneurship context.

Bio: Sali Li (PhD University of Utah, 2007) is an Associate Professor at the Sonoco International Business Department at the Darla Moore School of Business. Professor Li’s primary research interests cover multinational strategy, demand side perspective and international entrepreneurship with particular focus on digital business and emerging economies. His research on internationalization of digital innovation was awarded the Rugman Prize by the Academy of International Business and he was recognized as the most promising scholar under the age of 40 in the field of international business.  Professor Li’s research on FDI in Africa won the GWU-CIBER Best Paper Award on Emerging Markets at Academy of Management. In addition, his work has been published or is forthcoming in Academy of Management Review, Decision Sciences, Journal of International Management, Journal of International Business Studies, Journal of Management, Organization Science, Strategic Management Journal, etc.

Please RSVP to before Tuesday 26th September.

Indian Economy at a crossroads - issues and challenges

Dr. Vinish Kathuria, Shailesh J. Mehta School of Management of IIT Bombay
18th Sep 2017 12:00pm-1:30pm Rm 5070, Lv 5, Abercrombie Bldg - H70

Abstract: In May 2014, India ushered in a new era with right-wing alliance coming to power with the alliance forming the largest majority government first time in the last 30 years. It was also the first time since 1984 that a party had won enough seats to govern without the support of other parties. This paved way for widespread reforms. Last three years, India has witnessed significant initiatives and drastic reforms such as make-in-India program, digital India, demonetisation, implementation of GST etc. This talk briefly delves into some of these reforms and what implications they will have in the short, medium and long term on Indian economy.

Bio: Dr. Vinish Kathuria is a Professor at Shailesh J. Mehta School of Management of IIT Bombay. His teaching and research activities are mainly in the fields of Productivity, Industrial Organisation, Energy Economics, and Environmental Economics. Before joining SJM SOM, he was on Fulbright Senior Researcher fellowship to University of Colorado, Boulder (US). He has over 100 publications including several in international journals including World Development, Journal of Development Studies, Energy Policy, Energy, Oxford Economic Papers, Oxford Development Studies, Ecological Economics, Applied Economics, Journal of International Development, Transportation Research, Technological Forecasting and Social Change among others.

Date: Monday 18th September
Time: 12:00pm - 1:30pm
Location: Rm 5070, Lv 5, Abercrombie Bldg - H70

RSVP: Please RSVP to before Thursday 14th September.

Effects of CSR activities at home on emerging market multinational enterprises’ OFDI.

Dr. Tao Bai, Xi'an Jiaotong-Liverpool University
23rd Aug 2017 12:00pm-2:00pm Rm 5040, Lvl 5, Abercrombie Building H70

Abstract: Besides liabilities of foreignness, emerging market multinational enterprises (EM-MNEs) face additional legitimation challenges because of liabilities of origin. This article examines whether conducting corporate social responsibility (CSR) activities at home country could facilitate EM-MNEs’ internationalization through gaining legitimacy from global stakeholders. Based on resource-based view and signal perspective, we argue conducting CSR at home can convey to the firm’s global legitimacy-conferring stakeholders that the firm has the awareness and capabilities to conform to social norms and expectations, which can offset the liabilities of origin. We further argue that the more efforts the firm invests in CSR at home, with more consistent manner, the stronger CSR capabilities the firm possess, so that the firm is more likely to be able to go abroad and enter into the host country with higher environmental standard.

Based on all Chinese publicly listed firms from year 2012-2015, we firstly conduct the propensity score matching along with the difference-in-difference method and find out that firms conducting CSR at home are more likely to conduct OFDI compared to firms without engaging CSR activities at home. Through Heckman two stage model analysis, we further find that among firms conducting CSR at home, the more efforts and more consistent they conduct CSR at home, the more likely they go abroad and enter into the host country with higher environmental standard.

Bio: Dr. Tao Bai is Lecturer of Strategy & International Business. He has PhD degree from the joint training program between Tsinghua University and University of Cambridge. After one year research fellowship at The University of Hong Kong, he joined International Business School at Xi’an Jiaotong-Liverpool University. His research interests include multinational firm strategy, non-market strategy, and emerging markets. Recently he has been leading the funded research project ‘exploring the role of CSR in Chinese firms’ OFDI’.

Please RSVP to

Latin America in the 21st Century: Cultural Differences and Competitive Strategies

Professor Christopher J. Robertson, Northeastern University Boston
18th Aug 2017 12:00pm-1:30pm Rm 5070, Lv 5, Abercrombie Bldg - H70

Abstract: In this presentation titled, “Latin America in the 21st Century: Cultural Differences and Competitive Strategies” a colorful overview of the region will be provided along with examples of case studies and academic research performed in the region by Professor Robertson.  Key topics will include the impact of immigration on national differences in Latin America, subcultural differences within nations; unique competitive strategies developed by Latin American MNCs and coping with economic and political uncertainty. Professor Robertson has focused on Latin America for over two decades, has lived in Ecuador and Peru, and returns to the region multiple times each year.

Speaker: Christopher J. Robertson, Ph.D., is a Professor in the International Business and Strategy Group at Northeastern University in Boston, Massachusetts where he teaches undergraduate and graduate classes related to global management and international strategy, including a seminar on global business ethics. He has been the Group Coordinator of International Business and Strategy Group since 2014 and he was the Coordinator of the Full-Time MBA program at Northeastern for four years.  Professor Robertson has a BS in accounting from the University of Rhode Island and an MBA and PhD from Florida State University. Prior to joining the Northeastern University faculty, Professor Robertson taught at James Madison University, La Universidad de Salamanca in Spain, Florida State University, and La Universidad San Francisco de Quito in Ecuador. Professor Robertson is a three-time Fulbright Scholar (Peru 2004 and 2006; Colombia 2017). His primary research stream is cross-cultural management, with specific interest in ethical, behavioral, and strategic differences across cultures. His work has been published in many journals, including Strategic Management Journal, Journal of World Business, Journal of Business Ethics, Management International Review, Journal of International Management, Organizational Dynamics, Journal of Business Research and Business Horizons. His book, Roundtables: Viewpoints in International Business, was published by McGraw-Hill in 2007. Professor Robertson is active with the Strategic Management Society, Academy of Management and the Business Association of Latin American Studies, where he served on the Executive Committee. 

RSVP: Please rsvp to

Globalization of R&D and Innovation: Indian Experience

Professorial Fellow V.V Krishna, University of New South Wales
19th Jul 2017 1:00pm-2:30pm Rm 5070, Lv 5, Abercrombie Bldg - H70

Abstract: The last decade and a half witnessed two increasing trends in the pattern of global science and technology system. The rise of Asia along with emerging markets such as India and China now account for half of global R&D. Secondly, the corporate model of R&D pursued within transnational corporations(TNCs) in home country locations has eroded in a large measure. Research and innovation based networks of TNCs which were earlier confined to (TRIAD – North America, Europe and Japan) have expanded into emerging markets. These trends are associated with the new developments of globalization of R&D and innovation. Emerging markets such as China and India have become the most favourable destinations for TNCs to re-locate their R&D and innovation activities. The case of India is considered here in this presentation. This study is based on data from 471 TNC firms which have established 649 R&D centres/units/labs in India.

TNCs research and innovation profile, until 1990s, were by and large confined to ‘one way technology transfer’ and mostly undertook ‘adaptive technology’ to exploit local markets in emerging economies of Asia. After tracing the structure, organization, growth and location of TNC R&D centres in India, it is argued that earlier pattern or ‘paradigm’ is transformed in the last decade giving rise to ‘two way technology transfer’, creative technology and globalization of innovation for global markets. As Indian research and innovation eco-system witnessed market improvement in the last fifteen years, leading Indian firms in ICT software have become important actors in the globally dispersed innovation networks.  What are the linkages of foreign R&D centres with Indian institutions and firms? What is their impact on Indian firms? In what ways Indian firms are linked with global innovation chains? These are some of the issues which will be addressed in this presentation.

Speaker: Professorial Fellow V.V Krishna, University of New South Wales
Dr Rajat Roy obtained his PhD in consumer behaviour from Nanyang Business School in Singapore. Rajat has taught a wide range of marketing units both in Australia and at overseas locations across different countries including the USA, UK, Australia, Singapore, Hong Kong, Malaysia, and Mauritius.

V. V. Krishna is currently Professorial Fellow, FASS at the University of New South Wales, Sydney, Australia. He has a PhD from the University of Wollongong, Australia and has more than 30 years of research, teaching and consultancy experience in science, technology and innovation policy studies in leading academic and research institutions in India, Australia, Singapore, China and Canada. He was Professor in Science Policy and Chair, Centre for Studies in Science Policy, Jawaharlal Nehru University, New Delhi for more than 20 years. Over the years, he published over 40 papers and five books which include: Science, Technology and Diffusion of Knowledge: Innovation Systems in Asia-Pacific (Edward Elgar 2007); Scientific Communities in the Developing Countries, (Sage 1997). His latest book is on Universities in the National Innovation Systems: Experiences from Asia Pacific (Routledge 2017) He is Editor-in-Chief of a ranked international journal Science, Technology and Society (Sage). He was member of various expert committees and been consultant at UNESCO, OECD, ILO and other international agencies. He served as expert on European Research Council’s Grand Challenges and European Union, Brussels, based networks on research and innovation policies since 1990s.

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International Marketing Implications of Karma and Materialism in India

Associate Professor Rajat Roy, Bond University
5th May 2017 12:00pm-1:30pm Room 5040, Abercrombie Building (H70)

Abstract: Kulow and Kramer (2016) recently examined the implications of karma as a cultural belief from the domain of consumer behaviour. Similarly, Cleveland et al. (2009) in a cross cultural study report a null effect of demographic variables on materialism, in the Indian context. Clearly, there is a need to understand drivers of materialism in an emerging country like India, as research shows that materialism can drive hedonistic global consumption (Cleveland et al., 2009).The current research finds that socio-normative variables and belief in karma drive materialism of the Indian middle class. A second experimental study further reveals that a three-way interaction between belief in karma, materialism type and its underlying motivation has a positive influence on the subjective well-being of Indian consumers. Our work extend knowledge in the domain of consumer behaviour and international marketing, by delving deeper into the underlying process that links karma to materialism. Based on our findings we posit that international marketers and multinationals focussing on the burgeoning Indian middle class may like to embody both karmic belief and materialistic values in their efforts to appeal to Indian consumers.

The current work addresses gaps in the literature. It is well established that consumers in the emerging markets are different from their counterparts in the developed economies due to a variety of cultural and socio-economic factors (Maheswaran and Shavitt 2014; Jones Christensen et al., 2015). Extant scholars argue that more research should focus on the growing importance of new middle-class in the emerging economies (Kravets and Sandikci 2014). Against this backdrop, the current research studies how a religious/cultural belief like Karma interacts with material belief and eventually influences consumers’ well-being in India.

Speaker: Associate Professor Rajat Roy, Bond University
Dr Rajat Roy obtained his PhD in consumer behaviour from Nanyang Business School in Singapore. Rajat has taught a wide range of marketing units both in Australia and at overseas locations across different countries including the USA, UK, Australia, Singapore, Hong Kong, Malaysia, and Mauritius.

Rajat’s research interest lies in the area of consumer behaviour. He has published in leading academic journals (ABDC ranked A* and A) like European Journal of Marketing, Journal of Advertising, Journal of Consumer Psychology, Marketing Intelligence and Planning among others. He has also presented at leading conferences like the Academy of International Business, Association for Consumer Research, Academy of Marketing Science and Society for Consumer Psychology. Rajat also regularly reviews for leading academic conferences and journals. He is an editorial board member of the Journal of Business Research, Prior to joining academia, Rajat worked as a marketing B2B manager across multiple divisions; namely in areas like business strategy and planning, market research and import export. Whilst in Singapore, Rajat had some prior consultancy experience with the pharmaceutical industry and was also involved in conducting executive education programs.

The Choice of Acquisition Form around the World

A/Prof Mark Humphery-Jenner, UNSW Business School
27th Mar 2017 12:30pm-1:30pm Rm 4150, Level 4, Abercrombie Building (H70)

Abstract: We examine the choice between minority and majority (controlling) acquisitions around the world. We analyze 56,138 domestic and cross-border minority and majority acquisitions made by listed firms covering 48 acquirer countries over the 1990 to 2010 period. We find that minority acquisitions are more common in countries with greater governance risk and less developed equity markets. They are also more common in cross-border deals, especially when the acquirer and target countries are distant, use different languages, or have different legal, political and economic regimes. These findings are consistent with the idea that minority acquisitions are most useful when integration difficulties and information asymmetries might bias against obtaining full control, or when retaining target management is desirable. We also show that minority acquisitions are a useful ‘stepping stone’ to a controlling position, with minority acquisitions performing this function more often in countries with greater governance risk, and less developed equity markets. Overall, these findings go some way to explaining the choice between minority and majority acquisitions across countries, and in cross-border deals.

Bio: Mark Humphery-Jenner is an Associate Professor of Finance at UNSW Business School. His research is primarily in corporate finance and governance. He has published work in leading finance and management journals and hold PhDs in law and in finance.

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Turkish Multinationals: Market entry and post-acquisition strategies

Professor Mehmet Demirbag, University of Essex, Essex Business School, UK
9th Feb 2017 12:00pm-1:30pm Room 4150, Abercrombie Building (H70)

Abstract: There has been a growing body of literature dealing with the internationalization of emerging country multinational enterprises (EC MNEs) that are originating from less-developed institutional environments with latecomer disadvantages. These firms offer a fruitful laboratory for scholars to investigate the earlier phases of internationalization within a highly competitive world. Despite the increasing amount of research and publications on EC MNEs, the studies mostly focus on Chinese, Indian, and Latin American MNEs’ experiences representing the variety among the emerging countries limitedly in such issues as political economy, history, socio-cultural environment, and geographic issues. Having geographical proximities and historical ties with Europe and Asia, and sharing characteristics from western and eastern cultures at the same time, Turkey may provide interesting insights about the internationalization of EC MNEs. Turkish MNEs have been engaging in outward FDI (both in forms of acquisitions and greenfield investments) and intensively using other forms of international business activities such as exporting and strategic alliances for decades. Turkish Multinationals like Arçelik, Turkish Airlines, Vestel, and Yıldız Holding are very close to being global players in their respective industries. For instance, Arcelik is in third place in the European home appliances market with its Beko brand. Yıldız Holding has acquired Godiva, DeMet’s, and United Biscuits and is the third-largest biscuits manufacturer of the world. Vestel is the largest manufacturer of consumer electronics in Europe. Apart from these, many firms have become serious regional players seeking new opportunities to develop global presences.

This presentation aims to discuss the drivers, motives, and strategies of Turkish MNEs' internationalization and to evaluate the adequacy of theoretical perspectives in explanation of EC MNEs' international expansion. Based on multiple-case studies that are developed by analysing the data collected through semi-structured interviews with company executives and documentation, internationalization trajectories of Turkish MNEs will be introduced. The drivers of the international expansion of the firms will be revealed at firm-, industry-, and institution-level. Motives for internationalization will be examined for each firm. The internationalization processes of the firms will be described by examining their location choices, entry modes, and strategic behaviours.

Bio: Mehmet Demirbag is Deputy Dean and Professor of International Business at Essex Business School, University of Essex. Mehmet has co-authored one book (Palgrave-McMillan), co-edited three books (published by Edward Elgar) and guest edited/co-edited various journal special issues (most recently Human Resource Management (US), Journal of World Business, International Business Review, Journal of Business Research, and International Marketing Review). He currently serves on editorial board of British Journal of Management, Journal of World Business, Management International Review, Journal of Asia Business Studies, Journal of Global Analysis, International Journal of Multinational Corporation Strategy,  International Journal of Quality and Standards (published by (BSI) British Standards Institute) Eurasia Journal of Business and Economics and many others. His research appeared in Journal of Management Studies, Human Resource Management (US), Management International Review, Journal of World Business, International Business Review, Human Resource Management Journal, International Journal of Human Resource Management, International Journal of Production Economics, International Journal of Production Research, and OMEGA among others. He consulted with a number of local and multinational firms in Turkey and Middle East and has published a number of articles on emerging markets and EMNCs.

A Neglected Factor in Entry Mode Research: The Role of Decision-Maker Personality

Dr Dan Baack, University of Denver
25th Nov 2016 12:00pm-1:30pm Room 4150, Level 4, Abercrombie Building (H70)

Abstract: This study diverts from traditional entry mode research, which has primarily focused on firm and environmental characteristics to drive decisions, by responding to calls for a better understanding of managerial cognition’s role in internationalization decisions. Using a quasi-experimental approach involving 233 Australian managers, this paper explores the role that the decision-maker’s personality traits plays in entry mode decisions. This work is grounded in the theory of purposeful work behavior, which suggests that the decision-maker’s personality is expected to influence strategic decisions. The results, incorporating both mediating and moderating effects, indicate that three of the ‘Big Five’ personality dimensions play a significant role in a manager’s preference for particular entry modes.

Bio: Daniel W. Baack, Ph.D. is an advertising and international marketing scholar. His academic research focuses on how differences in consumer psychology influence marketing practice. This includes investigations of creativity and advertising effectiveness, and of psychology and entry mode choice. Much of this is international in scope, and he has investigated international business practices in China, India, Russia, Brazil, Taiwan, Australia, Turkey, the Ukraine, France and Germany. His wife is Taiwanese, and an increasing amount of his travel, and his international research, is focused on East Asia.

Dr. Baack has been published in over 25 peer-review journal publications, including a recent publication in the Journal of International Business Studies. He has been awarded over 20 research grants, including the prestigious American Academy of Advertising Research Grant — an international grant given to only two research projects every year by the leading academic body for advertising research. He is also the author of International Marketing, a textbook published by Sage Publications for which he is starting work on the second edition. Beyond academic success, is an active consultant and expert witness. He has testified at the state and federal level regarding advertising ethics.

Where to Seek Strategic Assets for Competitive Catch-up? A Configurational Study of Emerging Multinational Enterprises Expanding into Foreign Strategic Factor Markets

A/Prof Lin Cui, Australian National University
17th Nov 2016 12:00pm-1:30pm Rm 4150, Level 4, Abercrombie Building (H70)

Abstract: Emerging multinational enterprises (EMNEs) often engage in strategic-asset-seeking foreign direct investment (FDI) for competitive catch-up. This study explores the linkages between an EMNE’s competitive scenario consisting of a configuration of its awareness-motivation-capability (AMC) conditions and the comparative institutional advantages of its strategic-asset-seeking destination. Our configurational analyses of Chinese FDIs in the technology-intensive industries of OECD countries reveal a taxonomy of four distinct asset-seeking strategies of EMNEs. Our findings shed novel insights into the strategic variations within EMNEs based on a theoretically and methodologically extended AMC framework. This study also extends the varieties of capitalism literature by addressing the implications of comparative institutional advantages for foreign entrants, rather than domestic incumbent firms.

Bio: Lin Cui is Associate Professor in International business in the Research School of Management at The Australian National University. He earned a PhD in International business (2008) from The Australian National University, a Master in Economics (2004) from Seoul National University, and double Bachelors (2002) in Economics and Korean Studies from Peking University. His research focuses on International business strategies, especially those of emerging multinational enterprises. His recent works attempt to synergize frontier research across the disciplines of political science and international business. His work has been published or forthcoming in journals such as Journal of International business Studies, Organization Studies, Journal of World Business, and others. He was a recipient of an ARC Discovery Early Career Researcher Award (DECRA) and multiple national competitive research grants from China. He serves on the editorial boards of Asia Pacific Journal of Management and Management Organization Review.

Alternate Innovation Ecosystems to the Sillicon Valley Model

Dr. Tejpavan Gandhok (Pavan),
5th Oct 2016 1:00pm-2:30pm Room 5040, Level 5, Abercrombie Building (H70)

Key Context:

  • Silicon Valley type innovation eco-systems and consumer mobile internet dominate popular imagination , private investment and economic planners' agenda…
  • …there appears to be an important case for re-balancing the resource allocated towards innovation in areas such as clean-tech and life sciences and careful thought about what types of innovation ecosystems are appropriate for these sectors - are Silicon Valley 'Hollyworld' type models appropriate ? If not then what might be better ecosystem models for these specific sectors?
  • Therefore what are the implications for the Innovation agenda and resource allocation in Australia as well as in other key Emerging Innovation hotspots eg India, China, Singapore etc?

Bio: Pavan has a very eclectic and international background. At present he enjoys being an entrepreneur and a “pracademic”.

His corporate experience : includes over 20 year’s experience in senior leadership roles with leading strategy consulting/ corporate finance firms and private equity funds such as the Boston Consulting Group, Stern Stewart & Co., AT Kearney, Halcyon partners and TVS-Capital. Pavan has been a deeply trusted senior advisor with a strong track record of demonstrable results for many of the leading blue chip corporate clients in Australia, India, SE Asia as well as many major global MNCs in a very wide range of industries, geographies and situations.

He has also played entrepreneurial roles in several start- ups and turn-arounds as co-founder /CEO/ Lead Director – mainly on the India consumption story. As part of this, Pavan has also had the opportunity to exercise his creative skills in creating over a dozen new consumer concepts and brands – covering restaurants, retail, sports and wines. He has also acted in TV serials and enjoys creative writing.

In other career roles, Pavan has also worked with Monsanto as Director - business development and growth strategy for Asia-Pacific; in a Business Development role for the University of Melbourne's newly founded commercial arm; as a project engineer and research scientist with ICI Australia and CSIRO - Australia's leading scientific research group.

Pavan’s academic interests: He has recently earned his PhD from Singapore Management University, and also serves there as Affiliate faculty. He is a Visiting Fellow at the University of Melbourne, UCLA, and U of Queensland.

His research interests are mainly in adaptive strategy, under high uncertainty and dynamism- especially business applications in Emerging Markets and High Technology for topics related to: Corporate Governance; the interface between Strategy and Corporate Finance; advanced tools for Decision Making under uncertainty; Real Options; the Cognitive Dynamics of leaders’ Analytic & Intuitive thinking; Emerging Market related business strategies and the emergence of MNEs from these markets.

Pavan’s views and articles on the above topics have been frequently published in many leading business publications (eg the Economic Times, Business Standard, Journal of Applied Corporate Finance, AsiaLink Essays, Australian Financial Review). He is also a very popular speaker on business media such as CNBC and in various CXO/ Investor forums and corporate leadership retreats.

Pavan is an Indian born, US educated, Australian citizen, former permanent resident of Singapore and an Overseas Citizen of India. He has a BE (Chem) with honours from U. of Melbourne, and MBA (Dean’s List) from UCLA.

Who Are These Emerging Markets Anyway?

Alexandar Assouad, Belmont University, USA
12th Aug 2016 12:00pm-1:30pm Rm 4150, Level 4, Abercrombie Building (H70)

Abstract: To date there has been little to no widespread, universally accepted and theoretically driven examination of what an emerging market is and how best to capture its principle characteristics. Major international organizations, institutions and scholars, all approach classifying these countries utilizing a multitude of different perspectives. Applying institutional theory as a framework and drawing on research from multiple disciplines, this work develops a more nuanced reclassification of emerging markets. The application of this multidimensional and multidisciplinary framework results in eight categories of emerging markets and shows how political, economic, social, and cultural dimensions can contribute to the emergent status of a country. These findings also contribute to developing new boundary conditions for national contexts to be applied in future IB research.

Bio: Dr. Assouad completed a doctoral program in management with special emphasis in International Business. His dissertation and research focus is in international strategic management in emerging markets, specifically highlighting the importance of context. Other academic interests include the influence of culture on teams, leadership and power.

Dr. Assouad has published in a variety of business journals and co-authored book chapters. His research has been presented at a number of Academy of International Business conferences, as well as at the Academy of Management. Dr. Assouad is active in the wider academic world, regularly attending and participating as a conference reviewer, and track and session chairs.

Dr. Assouad is also deeply engaged in teaching. He lectures on international business management, strategic management, globalization and global market entry. He is active in a number of international teaching initiatives focusing on developing and preparing students for the international context of business and in the promotion of cross cultural understanding, communications and competencies.

Dr. Assouad’s professional experience spans a wide array of industries, from textiles and production to supply chain management and the software sector. Dr. Assouad has lived and worked in Europe, North America, Egypt and the Middle East and is now actively pursuing growing a network in the Asia Pacific and beyond. Personal interests include, tennis, diving, music and CrossFit. More specifically Dr. Assouad is a firm believer in international travel and experience as a foundational element of a truly well rounded education and strives to promote this agenda to students and colleagues alike.

The Stigmatization of CEOs once their Chairmen of Board are under Criminal Investigations

Dr Kehan Xu, University of Wollongong
10th Mar 2016 12:00pm-1:30pm Rm 4150, Abercrombie Building (H70)

Abstract: This study examined the executive labor market consequences borne by CEOs once they suffer unexpected stigmatization. Our empirical results, based on unique panel data across 13 years with 103 chairmen of the board who were under criminal investigation, support both the singling-out and settling-up mechanisms. We found that CEOs suffer from compensation share losses as soon as the stigmatization process starts, even years before the criminal charges against their colleagues are proven. We also contribute to the literature by adding differentiated influences provided by different arbiters: (a) state capitalists versus non-state controlling shareholders, and (b) governments versus journalists. Our results show that white-collar crimes at the executive level not only cause direct economic losses to firms but also initialize a very complicated stigmatization process. Our findings suggest that governmental decision-makers reduce financial support to non-state-owned stigmatized firms more than to state-owned ones; however, the media more aggressively disapproves state-owned stigmatized firms than non-state-owned ones.
Keywords: Stigmatization, CEO compensation share, disapproval, executive labor market, principal score matching (PSM).

Bio: Dr. Xu’s research interests include innovation, branding strategy and market-based assets, delegation, CEO decision-making and executive crimes. He has published papers in the Journal of Management and Academy of Management Perspectives. Before entering academia, Kehan Xu cofounded software ventures in Singapore and Hangzhou, China. He also served as Executive Director and Chief Financial Officer for a pharmaceutical manufacturer listed in Hong Kong Stock Exchange (market cap >1 Billion USD).

PhD (Texas A&M), MBA (Miami)

Studying Indian Technical Professionals in Japan

Anthony P. D’Costa, University of Melbourne
22nd Feb 2016 11:30am-12:30pm Rm 4150, Abercrombie Building (H70)

Abstract: This presentation based on my just published book International Mobility, Global Capitalism, and Changing Structures of Accumulation: Transforming the Japan-India IT Relationship, is the third one on industrial restructuring in a global capitalist context. The first two were on steel and auto industries. This third one is on the IT industry with a specific focus on the global mobility of technical professionals. Rather than simply view this as driven by this or that factor and agency, I situate the ‘problem’ in the larger context of changing capital accumulation structures and Japan’s demographic crisis through the movement of people and illustrate that despite the “stickiness” of national institutions such as Japanese culture and business practices both Indian and Japanese companies are trying to break in and break out of the status quo for increased capital accumulation for both parties.

Bio: Anthony P. D’Costa is Chair and Professor of Contemporary Indian Studies at the Australia India Institute and teaches Development Studies at the School of Social and Political Sciences, University of Melbourne. He has published on the political economy of development, global capitalism, and industrial restructuring using the steel, auto, and IT sectors. His co-edited Transformation and Development: The Political Economy of Transition in India and China (2012), edited Globalization and Economic Nationalism in Asia (2012), and After-Development Dynamics: South Korea's Contemporary Engagements with Asia (2015) were all published by Oxford University Press. His International Mobility, Global Capitalism, and Changing Structures of Accumulation: Transforming the Japan-India IT Relationship (Routledge 2016) and currently co-editing The Land Question in India: State, Dispossession, and Capitalist Transition (Oxford University Press). He also edits Dynamics of Asian Development book series. He has held several fellowships, including Fulbright-Hays, American Institute of Indian Studies, Korea Foundation, Abe of the Japan Foundation, and POSCO at the East West Center. He has taught at the University of Washington, Copenhagen Business School, National University of Singapore, Indian Institute of Management, Calcutta, and Bordeaux École de Management.

Industry Workshop - Innovative Governance Model of Indian Business Group

S.P. Shukla, Group President & CEO, Mahindra’s Aerospace, Defense & Steel Business
17th Feb 2016 12:00pm Rm 5050, Abercrombie Building (H70)

This workshop will be an opportunity for listening & interacting with industry leaders from emerging markets

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Vikas Kumar, Director EMIRG & Director of Research Engagement

The role of government in Russian MNEs’ internationalization

Ms Anna Zubkovskaya, The University of Auckland Business School
17th Jul 2015 12:00pm-1:30pm Room 321, Level 3, Economics & Business Building

Abstract: I investigate the relationships between key actors who have significant impact on the internationalization of Russian MNEs, namely CEOs, oligarchs, regional governments and the federal government. The CEOs consult both the federal and regional governments in order to make decisions in regards to their companies’ internationalization. However, this relationship and the CEOs’ conformity to the governments’ requirements is often a formality. CEOs often break formal rules and make their own rules, especially when confronted with institutional uncertainty. They use established chains of connections between government officials, oligarchs and CEOs of other companies to operate domestically and internationally. These chains of connections are developed over years and can be a very powerful tool when dealing with bureaucracy and formal institutions’ instability. The interplay between formal and informal institutions in Russia’s business environment is facilitated by established connections and plays an important role in the internationalization of Russian MNEs.
In order to understand this interplay and the way it impacts the internationalization of Russian MNEs, I utilize institutional theory and extend current conceptualizations on the interplay between formal and informal institutions in International Business by drawing upon relevant concepts from the Political Science literature. To investigate how Russian CEOs deal with the relationships between key actors and overcome formal institutional instability to facilitate the internationalization processes of Russian MNEs, I undertook empirical fieldwork in Russia for two months. Based on the findings, I aim to develop a framework that illustrates the impact the interplay between formal and informal institutions has on the internationalization process of Russian MNEs.

Speaker: Anna is in the final year of her Ph.D at the Department of Management and International Business, University of Auckland Business School. She emigrated to New Zealand from Russia as a teenager and has since completed degrees in hotel management and international business. During the course of her Master of International Business degree, completed at Auckland in 201x, Anna developed research interests in emerging market multinationals, business-government relationships, and Russian firms’ internationalization, all themes in her doctoral research. Anna is an active teaching assistant in international business at undergraduate and postgraduate levels in the Business School.

The role of dynamic capabilities in enhancing the performance effects of internationalization: A study of indian firms

A/Prof Amit Karna, Indian Institute of Management Ahmedabad
14th May 2015 12:30pm-2:00pm Room 321 Economics and Business Building (H69)

Abstract: Based on the marginal benefits and marginal costs arising out of  internationalization, its overall effect on performance is widely accepted to  have a horizontal S-curve shape. The relationship has been tested across  different empirical settings including those from emerging markets. In this  paper, we argue that dynamic capabilities such as dynamic management of  resource investment and dynamic management of resource deployment enable firms  to improve the positive effects of internationalization. We test our hypotheses  using data on internationalization of 837 Indian firms between 1995 and 2014.  Our results support the horizontal S-curve relationship including high  internationalization with a negative performance effect. We also find support  for a moderating role of dynamic capabilities in enhancing the performance  effects of internationalization.

Speaker: Amit Karna  works as Associate Professor at the Business Policy area of Indian Institute of  Management Ahmedabad (IIMA), where he is also the Chairperson for the Centre  for Innovation Incubation and Entrepreneurship (CIIE). Amit’s research focuses  on capabilities, innovation, industrial clusters, and internationalisation of  emerging market firms. His research is published in journals such as Strategic  Management Journal, Industry and Innovation, and European Management Review. He  also serves on the editorial board of Journal of Management. He teaches courses  in Strategy, International Strategy, and Innovation. Amit worked as Assistant  Professor at the European Business School (Germany) from 2009-2014. He has also  been a Visiting Scholar at University of California Berkeley’s Haas School of  Business in 2011. Amit obtained his doctoral degree in Strategy from Indian  Institute of Management Ahmedabad. Prior to academics, he worked in the  industry for five years with an Indian multinational business group.

Industry Workshop - The New Emerging Market Multinationals: Four Strategies for Disrupting Markets and Building Brands

Prof Amitava Chattopadhyay, INSEAD Singapore
2nd Apr 2014 3:00pm-5:00pm The University of Sydney Business School CBD Campus, Level 17, 133 Castlereagh Street, Sydney

Matrix Structures - For Which Firms Are They Appropriate and How Should Decisions Be Made?

Prof Joachim Wolf, Christian-Albrechts-University of Kiel, Germany
23rd Jan 2014 12:00pm-1:30pm Room 214/215, Economics and Business Building (H69)

Internationalization and innovation: A surprising link in Russian innovative firms

Dr Irina Mihailova, Aalto University, Finland
20th Jan 2014 12:00pm-1:30pm Room 214/215, Economics and Business Building (H69)

Industry Workshop - Emerging Market Turbulence: Implications for Australian Organizations

Vikas Kumar; Hans Hendrischke, The University of Sydney
1st Nov 2013 9:30am-12:30pm The University of Sydney Business School CBD Campus, Level 17, 133 Castlereagh Street, Sydney

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Industry Workshop - Outsourcing and Offshoring for global competitiveness

Vasudeva Rao Gollamudi (Vasu), Director, Credit Operations, Citibank
28th Oct 2013 2:30pm-4:00pm Darlington Centre, Conference Room

Industry Workshop - Managing in a global organization

Jane Hodgen, TATA Consultancies Services, Australia
11th Sep 2013 11:00am-1:00pm Darlington Centre, Conference Room

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Culture, Gender, Family Firm and Entrepreneur Characteristics, and Firm Performance and Work-Life Balance in India and Brazil

Ravi Sarathy, Northeastern University, Boston, USA
11th Mar 2013 12:00pm-1:30pm Darlington Centre The Boardroom

Global Strategies for an Emergent India

Vikas Kumar, University of Sydney; Nandakumar MK, Indian Institute of Management, Khozikhode; Saptarshi Purkayastha, Indian Institute of Management, Khozikhode,
27th Dec 2012 - 28th Dec 2012 Khozikhode, India

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Home country resource munificence and firm internationalization: A multilevel analysis of MNEs from emerging and developed economies

A/Prof Bo Nielsen, Copenhagen Business School, Denmark
24th Apr 2012 12:00pm-1:30pm Room 6, Darlington Centre

Leveraging India: Strategies for Global Competitiveness

Sid Gray; Vikas Kumar; Ram Mudambi; Chinmay Pattnaik,
11th Apr 2012 9:00am - 12th Apr 2012 5:00pm Sydney, Australia
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An Exploration of the Role of Local Entrepreneurship and Multinational Firms in the Growth of Bangalore's IT Sector

K. Kumar, Indian Institute of Management, Bangalore, India
4th Apr 2012 12:00pm-1:30pm Room 6, Darlington Centre

Organisational Ecology and Economics Transition in China

Jane Lu, National University of Singapore, Singapore
22nd Mar 2012 12:00pm-1:30pm Room 310, China Studies Centre, Old Teachers' College, The University of Sydney

Emerging Market Firm Competitiveness: Internationalization, Innovation and Institutions (3Is)

Convenors: Sid Gray, University of Sydney; Vikas Kumar, University of Sydney; Ram Mudambi, Temple University,
11th Nov 2011 - 12th Nov 2011 Philadelphia, Pennsylvania

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Entrepreneurs' political capital and resource acquisition: How does institutional change matter in a transition economy?

Haiyang Li, Rice University
7th Jun 2011 12:00pm-1:30pm
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