Proceedings of the 57th Annual Meeting of the Academy of International Business "Global Networks:Organizations and People" Bengaluru, India June 27-30, 2015 Editors Ram Mudambi, Program Chair Tunga Kiyak, AIB Managing Director (c) 2015 Academy of International Business Proceedings of the 57th Annual Meeting of the Academy of International Business "Global Networks: Organizations and People" Bengaluru, India June 27-30, 2015 ISSN: 2078-0435 © 2015 Academy of International Business For more information, please contact: AIB Executive Secretariat G. Tomas M. Hult, Executive Director, or Tunga Kiyak, Managing Director Eppley Center 465 N. Shaw Ln Rm 7 Michigan State University East Lansing, MI 48824, USA Phone: +1 (517) 432-1452 • Fax: +1 (517) 432-1009 E-mail: [email protected] • Web: http://aib.msu.edu/ TABLE OF CONTENTS Program Acknowledgements ...................... 3 Program Overview ..................................... 4 Meeting Sponsors ...................................... 6 Abstracts .................................................. 7 Saturday Abstracts ................................. 9 Sunday Abstracts ................................. 10 Monday Abstracts ................................88 Tuesday Abstracts .............................. 179 Index of Program Contributors ............... 251 AIB 2015 Conference Proceedings Page 1 (This page is intentionally blank) AIB 2015 Conference Proceedings Page 2 2015 PROGRAM ACKNOWLEDGEMENTS PROGRAM CHAIR Ram Mudambi – Temple University PROGRAM CHAIR’S ASSISTANT T.J. Hannigan – Temple University TRACK CHAIRS Kwok Leung – Chinese University of Hong Kong Erkko Autio – Imperial College Business School Mary Teagarden – Thunderbird School of Global Management Susan Mudambi – Temple University Simona Iammarino – London School of Economics Lucia Piscitello – Politecnico di Milano L. Felipe Monteiro – INSEAD Siva Viswanathan – University of Maryland Akbar Zaheer – University of Minnesota Gurneeta Singh – University of Minnesota Ronaldo Parente – Florida International University Florian Taube – Université libre de Bruxelles Bjorn Ambos – University of St Gallen Nandini Rajagopalan – University of Southern California Nan Jia – University of Southern California Michael Witt –INSEAD, Singapore Rene Belderbos – KU Leuven David Reeb – National University of Singapore Andreas Schotter – Western University PRE-CONFERENCE PROGRAM COORDINATOR Charles Dhanaraj – IMD DOCTORAL CONSORTIUM CHAIRS Stewart Miller – University of Texas San Antonio Shameen Prashantham – Nottingham University Business School China JUNIOR FACULTY CONSORTIUM CHAIRS Ruth Aguilera – Northeastern University Ravee Chittoor – Indian School of Business RESEARCH CAPACITY WORKSHOP CHAIRS Jose de la Torre – Florida International University Rishikesh T. Krishnan – Indian Institute of Management Indore Sougata Ray – Indian Institute of Management Calcutta AIB/JIBS PAPER DEVELOPMENT WORKSHOP Petra Christmann – Rutgers University, USA John Cantwell – Rutgers University, USA Alexandra Vo – Rutgers University, USA PLACEMENT SERVICES DIRECTOR er di Alhorr aint Louis Univ i , USA BUCKLEY AND CASSON AIB DISSERTATION AWARD SELECTION COMMITTEE Mark Casson – University of Reading (Chair) Anupama Phene – George Washington University Rebecca Piekkari – Aalto University Sumit Kundi – Florida International University TEMPLE/AIB BEST PAPER SELECTION COMMITTEE Peter Liesch – University of Queensland (Chair) Elizabeth Rose – University of Otago Aya Chacar – Florida International University Ivo Zander – Uppsala University HAYNES PRIZE SELECTION COMMITTEE Jane Lu Wenzhen – University of Melbourne (Chair) Olli Kuivalainen – Lappeenranta University of Technology Jennifer Oetzel – American University Klaus Meyer – China Europe International Business School HOST INSTITUTION Indian Institute of Management, Bangalore LOCAL HOST COMMITTEE CHAIR S. Raghunath – IIM, Bangalore AIB 2015 Conference Proceedings Page 3 2015 PROGRAM OVERVIEW June 27-30, 2015 )ULGD\-XQH 6DWXUGD\-XQH $,%%RDUG0HHWLQJ :LSUR&RUSRUDWH9LVLW $,%-,%63DSHU'HYHORSPHQW:RUNVKRS $,%%RDUG0HHWLQJ $,%-XQLRU)DFXOW\&RQVRUWLXP $,%6KHWK'RFWRUDO6WXGHQW&RQVRUWLXP $-%6$QQXDO&RQIHUHQFH $,%5HVHDUFK&DSDFLW\:RUNVKRS $,%&KDSWHU&KDLUV/XQFKHRQDQG:RUNVKRS 1HZ0HPEHU :HOFRPH7HD 1*26RFLDO6HFWRU9LVLWV $,% 2SHQLQJ3OHQDU\ Presidential Reception 19:00-21:00 AIB 2015 Conference Proceedings Page 4 6XQGD\-XQH 0RQGD\-XQH 7XHVGD\-XQH )HOORZV&DIp, )HOORZV&DIp,, )HOORZV&DIp,,, &RQFXUUHQW6HVVLRQV &RQFXUUHQW6HVVLRQV &RQFXUUHQW6HVVLRQV &2))((%5($. &2))((%5($. &2))((%5($. 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(GXFDWRURIWKH<HDU6HVVLRQ &RQFXUUHQW6HVVLRQV $,%$ZDUGV&HUHPRQ\ DQG&RQFXUUHQW6HVVLRQV DQG%XVLQHVV0HHWLQJ WAIB Reception AIB Farewell Reception 17:30-19:00 17:45-19:00 AIB Gala Event Tamarind Tree 19:00-22:00 AIB 2015 Conference Proceedings Page 5 AIB 2015 CONFERENCE SPONSORS The Academy of International Business thanks the following sponsors for making the 2015 Bengaluru Conference possible through their generous contributions. • • AIB 2015 Conference Proceedings Page 6 ABSTRACTS AIB 2015 Conference Proceedings Page 7 (This page is intentionally blank) AIB 2015 Conference Proceedings Page 8 SATURDAY ABSTRACTS FOR SATURDAY, JUNE 27, 2015 Session: 0.7 - Plenary AIB 2015 Opening Plenary Presented On: June 27, 2015 - 17:00-19:00 Welcome Remarks: Nakiye Avdan Boyacigiller, Sabanci University Ram Mudambi, Temple University S. Raghunath, Indian Institute of Management Bangalore Award Presentation for the 2015 AIB Fellows Educator of the Year Nick Binedell, GIBS Business School Award Presentation and Keynote by the 2015 AIB Fellows Executive of the Year Kiran Mazumdar-Shaw, Biocon Limited AIB Fellows Opening Session: Global Networks: Organizations and People Presented On: June 27, 2015 - 17:00-19:00 Chair: Ram Mudambi, Temple University Panelists: Ram Mudambi, Temple University John Cantwell, Rutgers University Torben Pedersen, Bocconi University Sri Zaheer, University of Minnesota AIB 2015 Conference Proceedings Page 9 SUNDAY ABSTRACTS FOR SUNDAY, JUNE 28, 2015 Session: 1.1.1 - Panel Track: 8 - Global Strategy, M&As and Competitiveness New Competitive Strategies in Emerging Economies: Innovation and Competitive Dynamics of Local Leaders and MNCs Presented On: June 28, 2015 - 09:00-10:15 Chair: Sea-Jin Chang, National University of Singapore Panelists: Sea-Jin Chang, National University of Singapore Rishikesha Krishnan, Indian Institute of Management Phanish Puranam, INSEAD Seung Ho Park, China Europe International Business School This panel symposium provides the most up-to-date discussion of innovation and competitive dynamics between local firms and MNCs in emerging markets. This panel examines how strong local companies evolve in emerging markets, what are their competitive advantages and their weaknesses, and how MNCs can possibly address the competitive challenges of these strong local competitors. These local leaders are not merely copycats, and innovation plays an important role in securing their leadership position. These firms also display a high level of organizational ambidexterity and learning capabilities. Thus, MNCs face great challenges in creating effective organizations to adapt and modify themselves to address these competitive challenges. This panel will enhance our understanding of how both local firms and MNCs manage sustained profitable growth in emerging markets. (For more information, please contact: Sea-Jin Chang, National University of Singapore, Singapore: [email protected]) Session: 1.1.2 - Panel Track: Scholars Meet Practice Business Perspectives on Environmental Sustainability: Challenges and Opportunities Presented On: June 28, 2015 - 09:00-10:15 Chair: G. Tomas M. Hult, Michigan State University Panelists: G. Tomas M. Hult, Michigan State University P. D. Jose, Indian Institute of Management Bangalore Anil Menon, Cisco Systems Venkatachalam Anbumozhi, Economic Research Institute for ASEAN and East Asia (ERIA) Susan Mudambi, Temple University Damandeep Singh, CDP (Carbon Disclosure Project) The proposal is to organize two back-to-back special sessions at the forthcoming 2015 AIB Conference program that will serve as a forum for interaction, sharing and exchange of ideas among academics, practitioners, consultants and policy researchers on issues relating to environmental sustainability. The proposed sessions are likely to be of interest to AIB Conference attendees who are currently engaged in research and teaching in the areas of sustainability and corporate social responsibility specifically, as well as the broader community of AIB 2015 Conference Proceedings Page 10 SUNDAY conference attendees. A number of indicators are suggestive of the timeliness and high level of interest in issues relating to environmental sustainability. In recent years, issues relating to environmental sustainability have steadily risen in importance worldwide as principal concerns of consumer groups and individual consumers,