The impact of diverse national values on strategic investment decision processes in the context of globalization

Chris Carr, Simon Harris

Research output: Contribution to journalArticle

17 Citations (Scopus)

Abstract

This study examines the effect of diverse national values on strategic investment decision (SID) making in the context of industry globalization. Whilst previous single country studies of strategic decision making have highlighted the effect of variables such as uncertainty, environmental stability, competition intensity and organizational position, we argue that diverse national values are also critical, albeit tempered by convergence pressures arising from globalization. Our incipient model, recognizing research from both these fields, is explored in closely matched automotive components businesses, one German, one American, one British and one Japanese. Transcripts of interviews focusing on recent SIDs were analysed against protocols generated from the alternative propositions. We found considerable diversity associated with differences in national values in respect to techniques, but also some points of convergence in respect to other process aspects driven by common industrial globalization pressures.
LanguageEnglish
Pages77-99
Number of pages22
JournalInternational Journal of Cross Cultural Management
Volume4
Issue number1
DOIs
Publication statusPublished - 2004

Fingerprint

globalization
decision making
Values
uncertainty
industry
interview
Decision process
Globalization
Strategic investment decision
Decision Process
Decision Making
Environmental uncertainty
Investment decision-making
Strategic decision making
Industry
Country studies
Uncertainty

Keywords

  • globalization
  • strageic management
  • economic growth
  • values

Cite this

@article{d220b3ec3b494329a56cfa2b37d9d0c4,
title = "The impact of diverse national values on strategic investment decision processes in the context of globalization",
abstract = "This study examines the effect of diverse national values on strategic investment decision (SID) making in the context of industry globalization. Whilst previous single country studies of strategic decision making have highlighted the effect of variables such as uncertainty, environmental stability, competition intensity and organizational position, we argue that diverse national values are also critical, albeit tempered by convergence pressures arising from globalization. Our incipient model, recognizing research from both these fields, is explored in closely matched automotive components businesses, one German, one American, one British and one Japanese. Transcripts of interviews focusing on recent SIDs were analysed against protocols generated from the alternative propositions. We found considerable diversity associated with differences in national values in respect to techniques, but also some points of convergence in respect to other process aspects driven by common industrial globalization pressures.",
keywords = "globalization, strageic management, economic growth, values",
author = "Chris Carr and Simon Harris",
year = "2004",
doi = "10.1177/1470595804041524",
language = "English",
volume = "4",
pages = "77--99",
journal = "International Journal of Cross Cultural Management",
issn = "1470-5958",
number = "1",

}

The impact of diverse national values on strategic investment decision processes in the context of globalization. / Carr, Chris; Harris, Simon.

In: International Journal of Cross Cultural Management, Vol. 4, No. 1, 2004, p. 77-99.

Research output: Contribution to journalArticle

TY - JOUR

T1 - The impact of diverse national values on strategic investment decision processes in the context of globalization

AU - Carr, Chris

AU - Harris, Simon

PY - 2004

Y1 - 2004

N2 - This study examines the effect of diverse national values on strategic investment decision (SID) making in the context of industry globalization. Whilst previous single country studies of strategic decision making have highlighted the effect of variables such as uncertainty, environmental stability, competition intensity and organizational position, we argue that diverse national values are also critical, albeit tempered by convergence pressures arising from globalization. Our incipient model, recognizing research from both these fields, is explored in closely matched automotive components businesses, one German, one American, one British and one Japanese. Transcripts of interviews focusing on recent SIDs were analysed against protocols generated from the alternative propositions. We found considerable diversity associated with differences in national values in respect to techniques, but also some points of convergence in respect to other process aspects driven by common industrial globalization pressures.

AB - This study examines the effect of diverse national values on strategic investment decision (SID) making in the context of industry globalization. Whilst previous single country studies of strategic decision making have highlighted the effect of variables such as uncertainty, environmental stability, competition intensity and organizational position, we argue that diverse national values are also critical, albeit tempered by convergence pressures arising from globalization. Our incipient model, recognizing research from both these fields, is explored in closely matched automotive components businesses, one German, one American, one British and one Japanese. Transcripts of interviews focusing on recent SIDs were analysed against protocols generated from the alternative propositions. We found considerable diversity associated with differences in national values in respect to techniques, but also some points of convergence in respect to other process aspects driven by common industrial globalization pressures.

KW - globalization

KW - strageic management

KW - economic growth

KW - values

UR - http://dx.doi.org/10.1177/1470595804041524

U2 - 10.1177/1470595804041524

DO - 10.1177/1470595804041524

M3 - Article

VL - 4

SP - 77

EP - 99

JO - International Journal of Cross Cultural Management

T2 - International Journal of Cross Cultural Management

JF - International Journal of Cross Cultural Management

SN - 1470-5958

IS - 1

ER -