Dear Colleagues,

I would like to bring to your attention the TOC for the latest issue (54(4) of the Journal of World Business. This issue includes articles for the special issue on "National corporate governance and the multinational enterprise". The articles in the special issue examine the factors of convergence and divergence in corporate governance of emerging and developed market economies, with a focus on firm internationalization. There are several other interesting articles in the regular issue that examine important, phenomenon based issues such as those pertaining to the belt and road initiative and a different way to look at the intellectual property regime in China. Hope you like the collection of article in this issue.


Special Section on "National corporate governance and the multinational enterprise" Guest Edited by Sumon Bhaumik, Nigel Driffield, Ajai Gaur, Tomasz Mickiewicz, Paul Vaaler
Corporate governance and MNE strategies in emerging economies<>
Sumon Bhaumik, Nigel Driffield, Ajai Gaur, Tomasz Mickiewicz, Paul Vaaler
Pages 234-243
National institutional systems, foreign ownership and firm performance: The case of understudied countries<>
Michael Carney, Saul Estrin, Zhixiang Liang, Daniel Shapiro
Pages 244-257
Lost in translation? Corporate governance, independent boards and blockholder appropriation<>
Anna Grosman, Ruth V. Aguilera, Mike Wright
Pages 258-272
Leaving home: An institutional perspective on intermediary HQ relocations<>
Alfredo Valentino, Jan Schmitt, Benno Koch, Phillip C. Nell
Pages 273-284
Value relevance of multinational directorship and cross-listing on MNEs national governance disclosure practices in Sub-Saharan Africa: Evidence from Nigeria<>
Geofry Areneke, Danson Kimani
Pages 285-306
Beyond merger syndrome and cultural differences: New avenues for research on the "human side" of global mergers and acquisitions (M&As)<>
Riikka M. Sarala, Eero Vaara, Paulina Junni
Pages 307-321
Institutional investors and international investments in emerging economy firms: A behavioral risk perspective<>
Vidya Sukumara Panicker, Sumit Mitra, Rajesh Srinivas Upadhyayula
Pages 322-334

Regular Articles
Potential and recognized boundary spanners in multinational corporations<>
Kristiina Mäkelä, Wilhelm Barner-Rasmussen, Mats Ehrnrooth, Alexei Koveshnikov
Pages 335-349
The belt and road initiative, cultural friction and ethnicity: Their effects on the export performance of SMEs in China<>
Jiatao Li, Bin Liu, Gongming Qian
Pages 350-359
Backshoring strategy and the adoption of Industry 4.0: Evidence from Europe<>
Alessandro Ancarani, Carmela Di Mauro, Francesco Mascali
Pages 360-371
Outward FDI and profitability of emerging economy firms: Diversifying from home resource dependence in early stage internationalization<>
Lin Cui, Ying Xu
Pages 372-386
The acculturative stress of host country managers working at MNC subsidiaries: Determinants and effects<>
Khan-Pyo Lee, Jun-Young Bae, Byung Hee Lee, Jang-Ho Choi
Pages 387-398
Re-conceptualizing intellectual property regimes in international business research: Foreign-friendliness paradoxes facing MNCs in China<>
Dan Prud'homme
Pages 399-419

Ajai Gaur<>

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