The Handbook of Emerging Market Multinational Corporations focuses on why emerging market multinationals internationalize, how they do so and the advantages they explore and exploit as they internationalize. The Handbook highlights the requirement for new perspectives on theory and managerial practice to better comprehend this phenomenon.Internationalizing firms from emerging markets are sweeping the global economy. Here, expert contributors offer interesting insight into emerging market multinationals internationalization drivers, growth processes and expansion, and underscore similarities and differences between developed and emerging country internationalizing firms. Case studies from emerging market economies are presented, including corporations from China, Egypt, India, Thailand, Russia, and South Africa. Revised perspectives on internationalization theory are proposed, addressing changing global value chain configurations, institutional distance between home and host countries, the role of governments and preferred modes of entry into foreign markets. This theoretical, empirical and conceptual work is a fundamental point of reference for students and academics interested in business, economics and internationalization theory. Practitioners in internationalizing firms and policy makers within government and non-governmental organizations will find this discerning book to be of great value. Contributors include: Y. Aharoni, F. J. Contractor, A. Cuervo-Cazurra, M. Demirbag, L. Fernandez-Mendez , L. Gao, E. Garcia-Canal, M. F. Guillen, K. Kalotay, E. Lioliou, X. Liu, K. Meyer, S.R. Nair, P. Pananond, R. Ramamurti, J.N. Sheth, R. Singh, Y. Wei, G. Wood, Y. Wu, A. Yaprak

An original and insightful book, this work focuses on domestic and overseas firms operating in those Central Asian and Eastern European countries considered to be the transitional economic periphery. Chapters shed light on their distinct forms of capitalism, and how it influences and adapts the firms located there. The eminent authors show how, in a post-state socialist world, there are several implications for both domestic and overseas firms functioning successfully in the transitional periphery. With the complex mix of political and market mediation and informal personal ties, chapters explore the delicate balance of liberalisation in transitional economies. Detailed examples from specific countries in Eurasia and Central Asia such as Belarus, Turkey, Azerbaijan, Mongolia, Uzbekistan, Armenia and Georgia are discussed alongside broader thematic issues of economic and social change, labour relations and human resource management. Most importantly, it is shown that liberalisation has little connection to short-term business growth. To succeed in such contexts, international firms need to be both pragmatic and creative, in coping with malleable yet durable forms of institutional mediation. Providing a unique perspective on the transitional economic periphery and much-needed insights from international business, this book is essential reading for researchers and graduate students studying transitional economies, non-traditional business models, institutional persistence and change, political and economic development and management in economically transitioning countries.

This inspiring Handbook brings together alternative perspectives from a range of disciplines to shed light on the nature of institutions and their relationship to firm-level practices and outcomes across a wide range of national settings. Expertly written by leading scholars from a range of different starting points, this compendium presents a synthesis of recent work relating to institutionally-informed accounts from transitional and emerging markets, as well as from mature economies. It specifically focuses on the linkage between institutions and what goes on inside firms, and the relationship between setting, strategic choice and systemic outcomes. The Handbook is explicitly multi-disciplinary, encompassing perspectives from a range of the functional areas of management studies. It will prove invaluable for postgraduate students and faculty in international business, and the wider research community in the areas of international business, corporate governance, socio-economics, and comparative HRM. Contributors: M.L. Aldred, F. Allen, M.M.C. Allen, A. Arslan, B.R. Barnes, N. Beech, J.A. Clampit, D.G. Collings, K.M. Conroy, R. Croucher, A. Cuervo-Cazurra, M. Demirbag, D. Demirbas, F. Filippaios, M. Fovargue-Davies, N.T. Gaffney, M.E. Genc, A. Giroud, J. Godard, G. Greig, N. Haworth, J.J. Hotho, S. Hughes, B. Karademir, B.L. Kedia, G. Klerck, S. Konzelmann, J. Larimo, M. McGuinness, B. McSweeney, H. Mirza, G. Morgan, C. Morrison, H. Patrick, T. Pedersen, R. Stepanov, C. Stoian, Z. Stone, M. Upchurch, K.H. Wee, G. Wood, A. Yaprak, D.A. Yen, A. Yukhanaev

The Handbook of Emerging Market Multinational Corporations focuses on why emerging market multinationals internationalize, how they do so and the advantages they explore and exploit as they internationalize. The Handbook highlights the requirement for new perspectives on theory and managerial practice to better comprehend this phenomenon.Internationalizing firms from emerging markets are sweeping the global economy. Here, expert contributors offer interesting insight into emerging market multinationals internationalization drivers, growth processes and expansion, and underscore similarities and differences between developed and emerging country internationalizing firms. Case studies from emerging market economies are presented, including corporations from China, Egypt, India, Thailand, Russia, and South Africa. Revised perspectives on internationalization theory are proposed, addressing changing global value chain configurations, institutional distance between home and host countries, the role of governments and preferred modes of entry into foreign markets. This theoretical, empirical and conceptual work is a fundamental point of reference for students and academics interested in business, economics and internationalization theory. Practitioners in internationalizing firms and policy makers within government and non-governmental organizations will find this discerning book to be of great value. Contributors include: Y. Aharoni, F. J. Contractor, A. Cuervo-Cazurra, M. Demirbag, L. Fernandez-Mendez , L. Gao, E. Garcia-Canal, M. F. Guillen, K. Kalotay, E. Lioliou, X. Liu, K. Meyer, S.R. Nair, P. Pananond, R. Ramamurti, J.N. Sheth, R. Singh, Y. Wei, G. Wood, Y. Wu, A. Yaprak

This book explores international human resource management (IHRM) practices in the contexts of high uncertainties. It encompasses situations of financial crisis, political and civil uncertainty, environmental collapse and recession. Research on unstable and unpredictable contexts on business and HRM remain relatively scarce and scattered across disciplines. This volume brings together recent thinking from a range of different perspectives and methodologies. MNEs are often distinguished by the supposedly superior ability to implement highly tactical, more robust talent management practices, including work-based, HRM-led and international systems, in line with the rest of their worldwide operations; however, they often fall short. The chapters in this book explore the how, why, and when. At a theoretical level, this collection brings together developments and extensions of a range of salient theories. They explore common methodological challenges and ways forward for future researchers on HRM in high contextual uncertainty. The chapters in this book were originally published as a special issue of The International Journal of Human Resource Management.

This inspiring Handbook brings together alternative perspectives from a range of disciplines to shed light on the nature of institutions and their relationship to firm-level practices and outcomes across a wide range of national settings. Expertly written by leading scholars from a range of different starting points, this compendium presents a synthesis of recent work relating to institutionally-informed accounts from transitional and emerging markets, as well as from mature economies. It specifically focuses on the linkage between institutions and what goes on inside firms, and the relationship between setting, strategic choice and systemic outcomes. The Handbook is explicitly multi-disciplinary, encompassing perspectives from a range of the functional areas of management studies. It will prove invaluable for postgraduate students and faculty in international business, and the wider research community in the areas of international business, corporate governance, socio-economics, and comparative HRM. Contributors: M.L. Aldred, F. Allen, M.M.C. Allen, A. Arslan, B.R. Barnes, N. Beech, J.A. Clampit, D.G. Collings, K.M. Conroy, R. Croucher, A. Cuervo-Cazurra, M. Demirbag, D. Demirbas, F. Filippaios, M. Fovargue-Davies, N.T. Gaffney, M.E. Genc, A. Giroud, J. Godard, G. Greig, N. Haworth, J.J. Hotho, S. Hughes, B. Karademir, B.L. Kedia, G. Klerck, S. Konzelmann, J. Larimo, M. McGuinness, B. McSweeney, H. Mirza, G. Morgan, C. Morrison, H. Patrick, T. Pedersen, R. Stepanov, C. Stoian, Z. Stone, M. Upchurch, K.H. Wee, G. Wood, A. Yaprak, D.A. Yen, A. Yukhanaev

This book explores the internationalization of Turkish multinationals by examining a set of firms from various industries and providing eleven detailed case studies. The authors aim to discover the reasons behind the drive for internationalization within the firms, and how their internationalization processes work. By focusing on a medium-sized emerging country, which is strategically located at the intersection of European, Asian and African markets, Turkish Multinationals provide a significant contribution to research on multinational firms in emerging countries. Topics discussed include: strategic motives for and drivers of internationalization at multiple levels (firm, industry and institutional); the location, ownership and entry modes of multinational firms; and their market entry and post-acquisition strategies, which are critical to the evolution of the internationalization process. This innovative book will offer an alternative perspective to current debate on emerging markets, and will be of great interest to both academics of global strategy and international business, and policy-makers.