Abstract: We are the first to embark on the strategic management accounting (SMA) discussion in international business literature, by distinguishing between foreign direct investments (FDIs) versus domestic investments (DIs) modes in the strategic investment decision making process (SIDMP). A through case study approach combining the collection of archival data, field-visits and 36 semi-structured interviews was used. 18 Singaporean companies were matched with 9 Singaporeans companies with Chinese FDIs and a corresponding 9 with Singaporean DIs. The 2 sector analysis in the 4-figure typology, a well-established framework from prior Anglo-Saxon research was increased to 3 sectors comprising the primary, secondary and tertiary sectors in order to increase the understanding of eastern process practises for further research work.

Abstract: This paper provides a case study of a born international company from China. We investigate how the case company achieves its subsequent growth through transforming and upgrading itself continually. Our primary findings illustrate that there are three paths of upgrading for the born internationals: 1) follow the development trend in global market, and replace traditional products; 2) segment and deepen application fields of products, and extend industry chain vertically; and, 3) upgrade across different industries and transform from manufacturing to service. Effective cooperation with five kinds of partners plays an important role during the upgrading. We probe the influencing factors of strategic choices from entrepreneurship, external environment, and internal assets and capabilities. An integrative framework of subsequent growth of born internationals is presented.

Abstract: Studies of FDI spillover have examined effects of foreign investment on economic growth with mixed results. Recent work has begun to go beyond national data to look at underlying mechanisms that affect the success of transfer of technical and managerial knowledge from MNEs to local firms. We use recent insights into institutional theory from work in organizational theory and sociology to examine the underlying mechanisms that help to determine the success of knowledge transfer from MNEs to local firms in transition economies. This offers a more comprehensive view of the microfoundations of FDI spillover and new insights into the reasons why the activities of MNEs succeed or fail in building local capabilities and promoting growth in transition economies

Abstract: Over the past ten years, international scholars have been showing increasing interest in outward FDI from China and Russia, where the key question was: can and should Chinese and Russian OFDI be treated similarly or separately with those from other emerging economies, and, if there is difference, what are the major distinguishing features of OFDI originating from these two countries’ institutional characteristics? The theoretical underpinning of these countries FDI and the practical tools of keeping track over the capital flows are underdeveloped; even less attention of scholars was attributed to the process of FDI exchange between the two countries. It is of particular focus of this paper to examine the drivers and determinants and to investigate the motives for Russian and Chinese FDI exchange.

Abstract: Trading companies are traditionally stated as the facilitator of international trade by offering transaction-reducing services and functions. In transitional economies, like China, they are confronted with more unique institutional environment and institution-related transaction costs. Using eight exporting trading companies (ETCs) from China as cases, we illustrate how ETCs deal with exporting transaction to reduce these institution-related transaction costs, and identify the relative institutional barriers and voids, which are two main characteristics during the institutional transition of China.

Abstract: This paper examines the drivers of indigenous firms’ performance in a transitional economy after the indigenous firms are governed in accordance with the rules of a market economy, post-IPO. We propose that the post-IPO performance of an indigenous firm would depend on the institutional origin of the firm, the foreign market knowledge the firm obtains, and the transformational experience of the firm. Therefore,in a transitional economy from central planning to market coordination, privatized-state corporations will perform worse than entrepreneurial ventures; knowledge transfer from developed countries enhances firm performance but this effect declines over time; and the privatized-state corporations will have a higher positive performance impact from knowledge transfer from developed countries than entrepreneurial ventures. We empirically examine our research questions on a sample of entrepreneurial firms that are incubated in Zhongguanchu Science Park and later went on IPO domestically.