AIB 2012 Conference Proceedings - Academy of International ...

TUESDAY
Interarrival times between foreign entries into the Japanese banking industry are examined. We develop
hypotheses on how the relationship between a prior entry and the likelihood of a subsequent entry varies over
time. Piecewise-constant hazard models reveal a negative relationship, but with a spike in the pattern occurring
after a number of months. It is theorized that the overall pattern is caused by coalescence, lagged imitation
effects, and the weakening of these effects. These results allow scholars of (foreign) market entry to bridge the
gap between interorganizational-level theories that do not consider the time dimension to their effects, and
empirical models that require the specification of a time dimension of variables. (For more information, please
contact: Joeri van Hugten, Tilburg University, Netherlands: j.g.w.j.vanhugten@tilburguniversity.edu)
Policy Issues, Firm's Characteristics and Foreign Direct Investment
Miguel Matos Torres, University of Aveiro
Celeste Amorim Varum, University of Aveiro
Firm's competencies may determine its actions. Firm may use its own competencies to establish or maintain
activities of foreign direct investment, or otherwise when internal competencies are not sufficient or the
conditions of investment too demanding it may cooperate with other firms through international joint ventures,
international alliances, with locals, firms of home country and third countries or develop a strategy that includes
an arrangement to apply for external support provided by governments. With a binary probit model applied on
a recent survey, a Bayesian filter calculates the probability of a given characteristic's and the use of certain
public support is related with the existence of foreign direct investment. The results show that some
characteristics like the size, labour productivity, age, and domestic ownership, have a noticeable effect on the
existence of foreign direct investment. In terms of use of public support, there is evidence of measures that
promote informational services, fiscal benefits, and protocols between governmental agencies and banks have
positive effects on existence of foreign direct investment. This study may add useful information to help
scholars and policy makers to understand the role of competencies on the development of activities abroad.
(For more information, please contact: Miguel Matos Torres, University of Aveiro, Portugal:
miguel.torres@ua.pt)
Session: 3.2.15 - Interactive
Track: 1 - Institutions, Governance, and CSR
Social Dimensions of International Business
Presented On: July 3, 2012 - 10:45-12:00
Chair: Michael Sartor, University of Western Ontario
Social Disclosure of Brazilian and UK Firms in Light of Institutional Theory
Marcelle Colares Oliveira, Universidade de Fortaleza
Jonas Ferreira Araujo Junior, Universidade de Fortaleza
Oderlene Vieira Oliveira, Universidade de Fortaleza
Vera Maria Rodrigues Ponte, Universidade Federal do Ceara
Maísa de Souza Ribeiro, University of São Paulo
The objective of the study was to identify the main characteristics of social information disclosure of the top 30
Brazilian and top 30 UK public firms (Forbes Global 2000 ranking) compared against a set of 15 indicators
recommended in the UN Guidance on Corporate Responsibility Indicators in Annual Reports, and to analyze
disclosure patterns in light of Institutional Theory. The study was explorative and based on information
retrieved from social reports and accounting statements. The frequency distribution of the data, mean values
and equality of means were determined. The most frequently disclosed indicators were "total revenues",
AIB 2012 Conference Proceedings
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