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Papers by Yunok Cho
Academy of Management Proceedings
Academy of Management Proceedings, 2021
Academy of Management Proceedings, 2021
This study extends research on foreign divestment by considering it within the broader context of... more This study extends research on foreign divestment by considering it within the broader context of corporate restructuring, exploring how MNE M&As affect divestment of foreign affiliates. Drawing fr...
We investigate the performance impact of the liability of foreignness in manufacturing, a disadva... more We investigate the performance impact of the liability of foreignness in manufacturing, a disadvantage that an MNC faces when it locates its manufacturing facility abroad. Building on organizational learning theories in the international business literature, we examine the moderating role of experiential learning in overcoming the liability of foreignness in manufacturing. We differentiate two different types of learning: learning from a parent firm’s experience with prior foreign investment and learning from accumulated experience with a foreign operation following entry, or learning-by-doing. From a panel analysis using a matched sample of foreign and home operations owned by the same MNCs, we confirm that foreign operations are initially at a disadvantage relative to home operations and that both types of learning contribute to mitigating the initial disadvantage.
Academy of Management Proceedings, 2020
Academy of Management Proceedings, 2019
Academy of Management Proceedings, 2015
We investigate the role of experiential learning in overcoming the liability of foreignness, buil... more We investigate the role of experiential learning in overcoming the liability of foreignness, building on organizational learning theories in the international business literature. We distinguish be...
Management International Review
The purpose of this study is to explore the differential gains from internationalization for diff... more The purpose of this study is to explore the differential gains from internationalization for different forms of corporate governance. In particular, we seek to move from the question concerning whether firms are able to generate differential gains from internationalization, to the question of why. Our focus is on ownership structure, and the differential rates at which business group affiliated firms and standalone firms gain from internationalization. Using a unique data set of some 356 standalone and business group affiliated firms, we show that while the marginal gains from internationalization may be greater for standalone firms, business group firms are better able to exploit firm-specific assets, leveraging these into higher returns to internationalization.
Academy of Management Proceedings
Academy of Management Proceedings, 2021
Academy of Management Proceedings, 2021
This study extends research on foreign divestment by considering it within the broader context of... more This study extends research on foreign divestment by considering it within the broader context of corporate restructuring, exploring how MNE M&As affect divestment of foreign affiliates. Drawing fr...
We investigate the performance impact of the liability of foreignness in manufacturing, a disadva... more We investigate the performance impact of the liability of foreignness in manufacturing, a disadvantage that an MNC faces when it locates its manufacturing facility abroad. Building on organizational learning theories in the international business literature, we examine the moderating role of experiential learning in overcoming the liability of foreignness in manufacturing. We differentiate two different types of learning: learning from a parent firm’s experience with prior foreign investment and learning from accumulated experience with a foreign operation following entry, or learning-by-doing. From a panel analysis using a matched sample of foreign and home operations owned by the same MNCs, we confirm that foreign operations are initially at a disadvantage relative to home operations and that both types of learning contribute to mitigating the initial disadvantage.
Academy of Management Proceedings, 2020
Academy of Management Proceedings, 2019
Academy of Management Proceedings, 2015
We investigate the role of experiential learning in overcoming the liability of foreignness, buil... more We investigate the role of experiential learning in overcoming the liability of foreignness, building on organizational learning theories in the international business literature. We distinguish be...
Management International Review
The purpose of this study is to explore the differential gains from internationalization for diff... more The purpose of this study is to explore the differential gains from internationalization for different forms of corporate governance. In particular, we seek to move from the question concerning whether firms are able to generate differential gains from internationalization, to the question of why. Our focus is on ownership structure, and the differential rates at which business group affiliated firms and standalone firms gain from internationalization. Using a unique data set of some 356 standalone and business group affiliated firms, we show that while the marginal gains from internationalization may be greater for standalone firms, business group firms are better able to exploit firm-specific assets, leveraging these into higher returns to internationalization.