Index

Adapting to Environmental Challenges: New Research in Strategy and International Business

ISBN: 978-1-83982-477-7, eISBN: 978-1-83982-476-0

Publication date: 21 July 2020

This content is currently only available as a PDF

Citation

(2020), "Index", Andersen, T.J. and Torp, S.S. (Ed.) Adapting to Environmental Challenges: New Research in Strategy and International Business (Emerald Studies in Global Strategic Responsiveness), Emerald Publishing Limited, Leeds, pp. 229-236. https://doi.org/10.1108/978-1-83982-476-020200011

Publisher

:

Emerald Publishing Limited

Copyright © 2020 Emerald Publishing Limited


INDEX

Abstracted notion
, 217

Adaptability
, 36, 40

Adaptive capability
, 36

Adaptive corporate performance, AS and IC on
, 67–81

Agency theory
, 109

Aggravation of managerial risk aversion
, 112

Agile innovation
, 11

Ambidexterity
, 10

Ambition-position asymmetry
, 216

Ambitious resource-poor firms
, 223

AMOS 25 SEM software
, 78

Anti-corruption operations
, 99

Artificial intelligence
, 13

Asian business communities
, 207

Aspiration
, 216

Asymmetry-based view (ABV)
, 221

Asymptotically Distribution-Free estimator (ADF estimator)
, 47

Attitude
, 216

Attitudinal asymmetries
, 222

Autonomous initiatives
, 68–69

Autonomous strategy-making (AS)
, 68, 81

Autonomy
, 41

Average variance extracted (AVE)
, 74

“Badness-of-fit” of model
, 48

Baseline hypothesis
, 109–111

Beliefs
, 168

systems
, 67

Benefits–cost ratio
, 218

Black swan concept
, 3

Blended value
, 138

Bonds
, 99

Bootstrapping
, 47

Boundary systems
, 67

Bricolage approach
, 12

Business contexts

conventional approaches to managing risk
, 5–9

emergence of dynamic adaptive approaches
, 9–14

evolving risk environment
, 2–5

Business Continuity Planning (BCP)
, 8–9

Business portfolio
, 111

Camargo
, 98

Capability-driven processes
, 11

Capitalism
, 136

Car Wash investigation
, 94

Cartel
, 96

Causation
, 4

Centralized IT-enhanced decision-making approaches
, 10

Change
, 20–21

environmental change as variation in choice/determinism framework
, 24–25

literature review
, 21–23

strategic actions and pressures
, 25–29

Chi-square difference test
, 72

Chi-square measure
, 48

Chi-square test of measurement model
, 78

Chief Risk Officer (CRO)
, 7

Chinese cultural
, 225

Chinese firms
, 215–216

Choice
, 20–21, 24

theorists
, 23

Clear strategic positioning
, 165–166

Clustering
, 28

Collective intelligence
, 12

Comisión Nacional del Mercado de Valores (CNMV)
, 116

Committee of Sponsoring Organizations of the Treadway Commission (COSO)
, 6

Common law
, 146–147

Common method bias
, 44–45, 72

Community Eco-Management and Audit Scheme (EMAS)
, 168

Competitiveness
, 209–210

Complex adaptive systems
, 3

Complexity
, 24

Composite reliability (CR)
, 74s

Composition-based competition
, 216

Composition-based view (CBV)
, 216

abstracted notion
, 217

self-imposed constraints
, 217–218

unclear positioning
, 216–217

Compositional advantage theory
, 218

compositional strategies to improving value/cost ratio
, 220

expansion process
, 223–224

redefining compositional advantage
, 218–219

success factors for compositional strategies
, 221–222

unpacking compositional advantage
, 219–221

Compositional capability
, 217

Concentration
, 25–26, 29

Concurrent validity
, 172

Confirmatory factor analysis
, 45–46, 72, 73

Constructivist approach
, 193

Contextual ambidexterity
, 10

Contextual variables
, 200

Control variables
, 117, 172

Conventional decision-making models
, 5

Convergent validity
, 172

Cooperation agreements
, 172

Corporate

corrupt non-market strategies
, 88

culture
, 38

diversification–CSR relationship
, 113

entrepreneurship
, 11

finance scholars
, 6

reputation
, 110

responsible behavior
, 13

strategies
, 113

Corporate corruption
, 88

research
, 91

Corporate social responsibility (CSR)
, 107, 134

communication
, 137

complementary and robustness results
, 121

descriptive statistics
, 118

empirical analysis
, 115–117

engagement
, 108

formalisation
, 108–111

implementation
, 108

measurement of variables
, 116–117

methodology
, 117

relative organisational costs for
, 111

results
, 117–121

sample and data
, 115–116

Spearman’s correlation matrix
, 118

theoretical background and hypotheses
, 109–115

Corporations
, 88

Corrupt actors
, 101

Corrupt non-market strategies
, 89

analysis
, 92–93

Cartel
, 96

data and sample
, 91–92

enactment of strategies
, 100

external shocks
, 99

institutionalization of Cartel
, 97–98

institutionalization of corruption
, 90

mediating conflicts within Cartel members
, 100–101

Petrobras
, 93–94

Petrobras Governance
, 94

Petrobras Scandals
, 94

pressures within firms
, 97

researching corporate corruption
, 91

stability across firms
, 98–99

sub-conclusion
, 90

Corrupt strategies
, 88

Corruption
, 87–88, 102

contribution to empirical research on strategy and
, 102–103

Cost leadership
, 219

Critical rationalism
, 193–194

Critical realism
, 193, 194–195

Crowdsourcing techniques
, 12

Cultural dimensions of Chinese internationalization
, 224–226

Cultural-cognitive elements
, 202–204

Cultural-cognitive theorists
, 204

Culture
, 203

corporate
, 38

global corporate
, 206

Cumulative average returns (CAR)
, 138

Data collection
, 71–72

Deagglomeration
, 28

Decentralized IT-enhanced decision-making approaches
, 10

Decision-making decentralization
, 41

Decision-support systems
, 8–9

Defensive strategy
, 181

Demographics
, 28

Dependent variable
, 116, 171

Descriptive analysis
, 48–54

Design thinking
, 10

Determinism
, 20–21, 24–25

Development strategies
, 113

Diagnostic controls
, 67–68

Differentiated choice
, 24

Direct economic costs
, 5

Direct economic losses
, 5

Disagglomeration
, 28

Discriminant analysis
, 29

Diversification
, 50, 108

strategies as moderators
, 111–115

Diversified firms
, 113–114

Downside risk
, 37, 42, 46, 56

Dynamic adaptive approaches, emergence of
, 9–14

Dynamic adaptive systems in organization
, 11

Dynamic strategy-making model
, 69

Dynamism
, 9–10, 24

Ecological views
, 22

Economic profitability
, 117

Effectuation
, 4

Elementary strategies
, 221

Emergent responses (ER)
, 79

Emerging economy enterprises (EEEs)
, 217

Empathy
, 209–210

Employee

characteristics
, 206–209

participation in decision-making
, 38

Enterprise risk management (ERM)
, 5–8

Entropy index
, 116

Environment(al)
, 23

determinism
, 21

disruptions
, 9

policy
, 146

Environmental change
, 20

as variation in choice/determinism framework
, 24–25

Epistemology
, 193–195

Ethisphere
, 135–137, 141, 151, 154

Event study
, 141–142, 146–147

Explanatory variable
, 116

Exploratory factor analysis
, 73

Explorer strategy
, 174

External shocks
, 99

F statistic
, 174

Factor analysis
, 45

Firm-level variables
, 138

firms’ visibility in market
, 138

firms’ vulnerability in market
, 138–139

moderation effects
, 139–140

moderation on firms’ economic visibility
, 140

moderation on firms’ economic vulnerability
, 140–141

Firm(s)
, 38, 88, 136, 167

firm-based predictors
, 147

firm-specific perspective of IB studies
, 190

firm-specific variables
, 138

firm-wide understanding
, 40

institutionalization of corruption within and across
, 102

scope
, 111

size
, 108–111

stability across
, 98–99

using strategic planning
, 39

Foreign direct investments (FDIs)
, 223

Formal planning

frameworks
, 5

practices
, 36–37

strategic planning
, 43–44

Formalisation of CSR
, 108–111, 113

Fornell–Larcker criterion
, 48

Freedom of press
, 146

“Full mediation” of relation
, 53, 55

Functional organizational framework
, 201

Game theory
, 88

Generic perspective of IB studies
, 190

Geographic dispersion
, 50

Global corporate culture
, 206

Global Reporting Initiative (GRI)
, 109, 111, 137

standards
, 138

Goodness-of-fit index (GFI)
, 78

Green Technologies (GREENT)
, 164–165, 167, 171

data
, 170–171

dependent variable
, 171

descriptive statistics and correlations of study variables
, 173

direct and positive impact of
, 165–166

direct effects
, 167, 178–179

independent variables
, 171–172

infer causality
, 181

managerial commitment
, 168

measurement instruments
, 182

method of analysis
, 174

methodology
, 170

moderating effects of analyzer strategy
, 179

moderating effects of managerial commitment
, 180

moderating effects on green technologies
, 169–170

prospector strategy
, 168–169

results
, 174–178

sustainability
, 163–164

sustainability performance
, 179–180

theoretical framework
, 166–167

variables
, 171

Harman’s one-factor test
, 45, 48, 72

Heads of Marketing and Sales (HMS)
, 72

Heuristics
, 13

Hierarchical linear modeling (HLM)
, 142–143

Hierarchical moderated regression analysis
, 117, 119

High-reliability organizations (HROs)
, 12–13

Hrebiniak and Joyce’s typology
, 33–34

Human agents
, 196

Human motivation theories
, 38–39

Hypotheses
, 69–71

Illegal mediation agents
, 101

Incremental choice
, 24

Independent certification
, 156

Independent variables
, 171–172

Industry level variables
, 23

Information Technologies (IT)
, 164–165

Institutional perspective
, 23

Institutional theory
, 138

in organizational studies
, 203–205

Institutional variables
, 139–140

Institutionalization

of Cartel
, 97–98

of corruption
, 90

Institutionalized deviant practices in corporations

contribution to empirical research on strategy and corruption
, 102–103

corrupt non-market strategies
, 89–101

institutionalization of corruption within and across firms
, 102

Insurance contracts
, 5

Interactive controls (IC)
, 67

International business studies (IB studies)
, 190

applying phenomenological approach on Maersk case
, 205–209

consequences of employing one or other philosophy of science
, 198–200

consequences of selecting one philosophical approach over another in
, 196–198

critique of Morgan’s organizational metaphors
, 201–203

empathy vs. competitiveness
, 209–210

institutional theory and phenomenology in organizational studies
, 203–205

phenomenology
, 195–196

philosophical perspectives
, 190–191

philosophy of science
, 193–194, 210–212

positivism and critical rationalism
, 194

relationship between context and organization
, 200–201

structuralism and critical realism
, 194–195

tendencies in
, 191–192

International Organization for Standardization (ISO)
, 6, 168

Internationalisation
, 50, 108

high level of
, 121

internationalisation–CSR relationship
, 113

low level of
, 121

strategies as moderators
, 111–115

Intrapreneurship
, 11

Investors’ decisions shape firms’ market value
, 147–151

Isomorphic behaviors
, 23

Journal of International Business Studies (JIBS)
, 192

Journal of World Business (JWB)
, 192

K⊘bmandsstandens oplysningsbureau (KOB)
, 72

Kolmogorov–Smirnov test
, 78

Lava Jato Operation
, 94

Learning hypothesis
, 112

Legitimacy
, 137

Leverage (LEV)
, 117

Likert scales
, 45

seven point
, 73–74, 171

Lobbyists
, 100

Lower managerial employment risk
, 112–113

Maersk case, applying phenomenological approach on
, 205–209

Managerial choice
, 22

Managerial commitment
, 168–170

Managerial Commitment to Sustainability (MANCOM)
, 171

Managerial risk aversion, aggravation of
, 112

Market

firms’ visibility in
, 138

firms’ vulnerability in
, 138–139

Market model (MM)
, 142

Market reaction
, 146–147

to ethical certification announcements
, 141

Maximum choice
, 22, 24

Measurement instruments
, 72–74

Measurement model
, 78

Mediating variable
, 44

Mediation
, 44

Metaphors
, 200

critique of Morgan’s organizational
, 201–203

Morgan’s illustration of
, 201

Micro-politics
, 42

Middle managers
, 36–38

early signals
, 44

participation in decision-making
, 37–39

Migration
, 26, 28–29

Miles and Snow’s strategic typology
, 172

Minimum choice
, 24

view
, 21

Moderating variables
, 116

Moderation on firms

economic visibility
, 140

economic vulnerability
, 140–141

Money launderers
, 100

Morgan’s organizational metaphors, critique of
, 201–203

Multitheory approach
, 109

Multivariate analysis
, 48–54

Munificence
, 24

Natural resource-based view (NRBV)
, 165–166

Non-financial information
, 134

Non-market strategy
, 88–89

Non-quality costs
, 172, 177

Normal theory approach
, 47

Normative element in organizational studies
, 204

Normed fit index (NFI)
, 78

“One size fits all” communication strategy
, 157

Ontological constructivism
, 193

Ontological realism
, 193

Ontology
, 193–194

Operational hedging
, 9

Organization(al)

ambidexterity
, 10

approaches
, 22–23

context
, 199–200

ecology
, 21

existence
, 20

legitimacy
, 136

signals
, 12

slack
, 50

studies
, 9

task environment
, 24

Overshooting
, 29

Partial mediation
, 55

Participation
, 40–44

Participative decision-making
, 45

for strategic responsiveness
, 37–39

Pearson’s correlation coefficient
, 118

Peripheral sensing
, 11

Petrobras
, 93–94, 103

Governance
, 94

Scandals
, 94

Phenomenology
, 190, 193, 195–198

in organizational studies
, 203–205

Philosophical approach
, 190, 196–198

Philosophies of science
, 190–191, 193–194

consequences of employing one or other
, 198–200

in IB
, 210–212

Planned opportunism
, 11

Planning

in fostering strategic responsiveness
, 39–40

interplay
, 40–44

Plea agreements
, 91

Pollution prevention
, 166

Population

ecologists
, 23

ecology
, 21

pressure
, 28

Positivism
, 190, 193–194, 197

Predictive validity
, 172

Proactive environmental management
, 168

“Problemistic search“
, 136

Production stewardship
, 166

Product–market scope
, 108

Profits
, 25

Prospector Strategy (PROACT)
, 168–170, 172

Psychological approaches
, 22–23

Qualitative phenomenological approach
, 198–199

Qualitative research
, 199

Qualitative studies
, 66, 193

Quantitative studies
, 193, 199

Quantitative-oriented natural-science approach
, 194

Quantitatively oriented natural-science approaches
, 197

Random effects model
, 142–143

Reality
, 2, 7, 191, 193, 195–197, 203–204, 210

Redefining compositional advantage
, 218–219

Regression models
, 121

Regulative element in organizational studies
, 203–204

Reputation spillover effects
, 136

Research design
, 71–72

Resilient/resilience
, 3

alternative conceptualizations
, 4

organizations
, 3

Resource-based view (RBV)
, 109, 216

Resource-poor firms
, 216–217, 221

CBV
, 216–218, 224

Chinese
, 225

cultural dimensions of Chinese internationalization
, 224–226

theory of compositional advantage
, 218–224

Resource-poor latecomers
, 223

Return on assets (ROA)
, 46, 74

Reverse asymmetries
, 221

Risk

conventional approaches to managing
, 5–9

evolving risk environment
, 2–5

Robustness checks
, 54

Root Mean Square Error Approximation (RMSEA)
, 45, 78

“Rule of thumb” heuristics
, 156

Sandcastle activities
, 99

Satorra–Bentler Chi-square statistic
, 48

Scripts
, 204

Scrum processes
, 10–11

Self-imposed constraints
, 217–218

Self-selection hypothesis
, 112

Semi-structured interviews
, 199

Shared value
, 138, 168

Single theory
, 109

Sistema de Análisis de Balances Ibéricos (SABI)
, 170

Small and medium-sized enterprises (SMEs)
, 217

Small firms
, 110–111

Sobel test
, 47

Social Accountability International
, 137

Social network analysis
, 11

Social reality
, 203

Sociedad de Análisis de Balances Ibéricos (SABI)
, 116

Socio-cognitive resources
, 12

Solid corporate reputation
, 114

Spanish economy
, 165

Spearman’s correlation matrix
, 118

Stability across firms
, 98–99

Statistical tests
, 72

Steiger–Lind RMSEA
, 48

Stock market
, 137

Strategic choice
, 22

theorists
, 23

Strategic planning (SP)
, 36, 39–41, 66, 69

emphasis on
, 45–46

in firms
, 43–44

middle manager participation and emphasis
, 45

Strategic responsiveness
, 36–37, 46

data
, 44–45

measures
, 45–48

methods
, 44–48

participation and planning interplay
, 40–44

participative decision-making for strategic responsiveness
, 37–39

planning in fostering strategic responsiveness
, 39–40

results
, 48–54

theoretical background and hypotheses
, 37–44

Strategic/strategy

actions and pressures
, 25–29

adaptiveness
, 36

autonomy
, 66

decision-makers
, 5

scholars
, 91, 102–103

strategy-making model
, 66–67

Structural ambidexterity
, 10

Structural equation modeling (SEM)
, 47, 53, 80

Structuralism
, 190, 193, 194–195, 197

Sub-conclusion
, 90

Superior price–value ratios
, 218

Sustainability
, 134, 163–164, 166

development
, 166

Sustainability Performance (SUSPERFOR)
, 164, 171

Sustainable development strategy
, 166–167

Symbols
, 203–204, 211–212

Templates
, 204

Tendencies in IB studies
, 191–192

Time dimension
, 217

Top brand variable
, 147

Top-management
, 202

team functions
, 204

Total Design Method
, 170

Total quality management system
, 171

Tourism firms
, 165

Transition strategy
, 221

Transparency
, 146

Triple Bottom Line
, 164

Trusts
, 99

Tucker–Lewis index (TLI)
, 78

Uncertainty
, 8–10, 36, 67, 70, 134, 151, 154, 156

absolute
, 4

high environmental
, 68

in industries
, 24

information
, 135, 139–140

Unclear positioning
, 216–217

Unpacking compositional advantage
, 219–221

Value bias issue in data handling
, 193–194

Value creation

analytical model
, 142–146

attractiveness of CSR communication
, 135–136

background and model
, 136–138

complement CSR communication
, 156–157

correlation matrix
, 144–145

CSR communication
, 151, 154

event study
, 141–142

firm-level variables
, 138–141

HLM regression
, 152–156

investors’ decisions shape firms’ market value
, 147–151

market reaction
, 146–147

variable definitions and statistics
, 160–161

voluntary disclosure of CSR
, 134–135

Value neutrality
, 193

Value/price ratio
, 218

Variable definitions and statistics
, 160–161

Variance inflation factors (VIF)
, 118

Victim mentality
, 225

Weighted Least Squares with Mean and Variance (WLSMV)
, 47–48, 50

Weighted Root Mean Square Residual (WRMR)
, 48, 50, 53

Wicked problems
, 5, 8–9