조직 및 전략 분야 세미나를 아래와 같이 개최하오니, 관심 있는 분들의 많은 참석 부탁 드립니다.
1. 일시: 2018년 5월 31일(목), 12:00~13:30
2. 장소: 9호관 3층 9303강의실
3. 강사: 김진형 교수 (George Washington University)
4. 주제: Institutional Legitimacy and Nonmarket Strategy: The Organizational Boundary Decision in Lobbying
5. 연구분야: 조직 및 전략
* 간단한 점심이 제공됩니다.
* Lecture will be delivered in English.
abstract:
This paper studies the organizational boundary decision of foreign firms’ corporate political activities depending upon their perceived legitimacy in the eyes of firms’ host-country stakeholders. We argue and show that foreign firms from a country whose regime is more similar to a host country where they operate are more likely to internalize a lobbying function because the costs of internalization is less than firms from dissimilar countries. We also demonstrate that the cognitive legitimacy is moderated by pragmatic legitimacy between a home and host countries. Empirically, the study examines 2,219 U.S. subsidiaries of foreign firms from 101 countries engaging in lobbying in the United States from 1998 to 2012. This paper makes theoretical contributions to nonmarket strategy, institutional theory, international business, and transaction costs economics.