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AIB 2012 Conference Proceedings - Academy of International ...

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TUESDAY<br />

In this paper, we examine the drivers <strong>of</strong> foreign-born Chief Executive Officers'(CEOs) appointment. We argue<br />

that rational or economic factors will drive these appointments albeit constrained by the homophilic tendencies<br />

<strong>of</strong> the firm's board <strong>of</strong> directors. More specifically, we argue that the greater the internationalization <strong>of</strong> a<br />

multinational enterprise (MNE) the greater the challenges it faces and the greater the need for a leader who<br />

understands numerous foreign markets. Such a requirement narrows the potential candidates' pool, increasing<br />

the likelihood <strong>of</strong> a foreign-born CEO appointment. Moreover, poor performance <strong>of</strong> international operations will<br />

bring to light the importance <strong>of</strong> a leader who can manage the foreign operations <strong>of</strong> an MNE, enhancing the<br />

likelihood <strong>of</strong> a foreign-born CEO appointment. Recruiting committees however are boundedly rational. As in all<br />

selection processes, homophilic tendencies, or the selection <strong>of</strong> individuals that are demographically similar to<br />

the recruiter(s), will be strong limiting the likelihood that foreign-born CEOs are appointed. This latter problem<br />

will ease as board members and top management teams become more international. As such, we propose that<br />

the link between firms' the economic drivers <strong>of</strong> selection and foreign-born CEO appointment will be moderated<br />

by the national diversity <strong>of</strong> board <strong>of</strong> directors and top management team members. (For more information,<br />

please contact: Yannick Thams, Florida <strong>International</strong> University, USA: thamsy@fiu.edu)<br />

The Job Demands-Resources Model and <strong>International</strong> Business Travelers: A Qualitative Study<br />

Lucy Rattrie-Wilcox, University <strong>of</strong> Stirling<br />

Markus Kittler, University <strong>of</strong> Stirling<br />

This study explores the experiences <strong>of</strong> international business travelers. It highlights the job demands, job<br />

resources and personal resources that are most influential in determining well-being and performance related<br />

outcomes. It further points at the value <strong>of</strong> using the Job Demands-Resources Model (Bakker and colleagues) as<br />

a theoretical framework to classify such characteristics with individuals who operate in an international work<br />

context and discusses the potential for organizations to enhance the amount <strong>of</strong> resources available to<br />

employees in a cost-effective manner. Through twenty-five semi-structured interviews, the main job demands<br />

and resources identified were related to workload, infrastructure and administration, frequency and duration <strong>of</strong><br />

travel, recovery time, building relationships and knowledge transfer. The important personal resources were<br />

health, organizational skills and openness to experience. (For more information, please contact: Lucy Rattrie-<br />

Wilcox, University <strong>of</strong> Stirling, United Kingdom: lucy.wilcox@stir.ac.uk)<br />

Session: 3.4.14 - Interactive<br />

Track: 3 - IB Theory, FDI, and Entry Mode<br />

<strong>International</strong>ization Processes<br />

Presented On: July 3, <strong>2012</strong> - 14:30-15:45<br />

Chair: Elizabeth Maitland, University <strong>of</strong> New South Wales<br />

The Speed <strong>of</strong> Export Expansion and Firm Performance<br />

Dirk Michael Boehe, Insper Institute <strong>of</strong> Education and Research<br />

This study addresses the speed <strong>of</strong> export expansion, which refers to the number <strong>of</strong> new export destination<br />

countries a firm enters per period. This widely under-researched topic in international business is important to<br />

export management because there is a likely trade-<strong>of</strong>f between the economic incentives to rapidly expand to (or<br />

withdraw from) export markets on the one hand and the hazard <strong>of</strong> overstretching existing production and<br />

managerial capabilities on the other hand. Using a panel data base <strong>of</strong> Brazilian exporters, we test a model that<br />

simultaneously predicts firm performance as a function <strong>of</strong> export expansion speed and the latter as a function <strong>of</strong><br />

both export strategy variables and a firm-specific exchange rate competitiveness. We find that "better" firms,<br />

i.e. firms that have higher export intensity, geographic diversification, serve more distant target countries and<br />

<strong>AIB</strong> <strong>2012</strong> <strong>Conference</strong> <strong>Proceedings</strong><br />

Page 261

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