The global business environment is as turbulent as ever and organizations must adapt to the changing conditions to survive and persevere. Adapting To Environmental Challenges: New Research In Strategy And International Business provides new promising insights on the effects of middle management involvement in adaptive strategy-making processes and applications of interactive control systems in the pursuit of more durable corporate outcomes. The empirical evidence suggests that responsible corporate behaviour drives higher market-valuations of firms and the application of green technologies is associated with more sustainable performance outcomes.
For international organizations that operate across a multiplicity of cultural contexts, the ability to manage responsible corporate behavior must be interpreted in the local contexts and not only in a headquarter context, which is the norm. Hence, multinational managers must appreciate and understand the cultural differences to disentangle the managerial challenges in dynamic global markets where resource-poor firms can forge their international market positions by offering advantageous value-to-price trade-offs induced by supportive cultural values.
Adapting To Environmental Challenges: New Research In Strategy And International Business provide new relevant perspectives and insights to understand strategic adaptation in international business contexts based on corporate responsible behavior and cultural sensitivity as the ingredients for agile operations and a resilient multinational organization.
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ix | |
Foreword |
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xi | |
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Chapter 1 Managing in Dynamic, Complex and Unpredictable Business Contexts |
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1 | (18) |
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Chapter 2 Nothing Endures but Change: Studying Changes in Industry Choice and Determinism |
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19 | (16) |
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Chapter 3 Fostering Strategic Responsiveness: The Role of Middle Manager Involvement and Strategic Planning |
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35 | (30) |
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Chapter 4 The Influence of Autonomous Strategy-making and Interactive Controls on Adaptive Corporate Performance |
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65 | (22) |
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Chapter 5 Corruption and Adaptive Responses: The Case of Institutionalized Deviant Practices in Corporations |
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87 | (20) |
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Chapter 6 The Importance of Firm Size and Development Strategies for CSR Formalisation |
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107 | (26) |
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Almudena Martinez-Campillo |
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Chapter 7 Who Is the Fairest of Them AH? Firm and Institutional Determinants of Value Creation Related to CSR Information Disclosure |
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133 | (30) |
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Chapter 8 On How to Leverage Green Technologies for Sustainability Performance in the Tourism Sector |
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163 | (26) |
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Jose Maria Fernandez-Yanez |
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Chapter 9 The Need for a Phenomenological Perspective in International Business Studies: Different Philosophies of Science and Their Consequences |
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189 | (26) |
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Chapter 10 How Resource-poor Firms Survive and Thrive: The Story of Successful Chinese Multinationals |
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215 | (14) |
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Index |
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229 | |
Torben Juul Andersen is Professor of Stategy and International Management, and Director of the Global Strategic Responsiveness Initiative, Department of International Economics, Government and Business at the Copenhagen Business School.
Simon Sunn Torp is Associate Professor at the Department of Business Development and Technology, Aarhus University, Birk Centerpark, Herning, Denmark.