Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2023.2180061
The impact of organizational stigmatization on the operational risk and performance of overseas subsidiaries: empirical evidence from Chinese multinational enterprises
Xiaofei Du
Weixin Luan
Cuilian Ma
Yuduo Lu
Sažetak
This study used the global database of events, language, and
tone of international public opinion big data to measure organizational
stigmatization against China. It then used an econometric
model to investigate the impact of organizational stigmatization
on the operational risk and performance of overseas subsidiaries
of Chinese multinational enterprises. The results show that: (1)
organizational stigmatization increases overseas subsidiaries’ operational
risk and reduces their operational performance, which is
more evident in overseas subsidiaries of state-owned enterprises;
(2) the host country’s political stability weakens the organizational
stigmatization’s positive impact on overseas subsidiaries’ operational
risk. The geographical distance between the home and
host countries strengthens organizational stigmatization’s positive
impact on overseas subsidiaries’ operational risk; (3) the host
country’s political stability and the geographical distance between
the home and host countries have no moderating effect on
organizational stigmatization and overseas subsidiaries’ operational
performance; and (4) organizational stigmatization by the
host country reduces overseas subsidiaries’ operational performance
via the channel of operational risk. This study innovates the
measurement method of organizational stigmatization and lays
the foundation for investigating the microeconomic impact of
organizational stigmatization from the perspective of overseas
subsidiaries.
Ključne riječi
Organizational stigmatization; overseas subsidiaries; operational risk; operational performance; mechanism
Hrčak ID:
306537
URI
Datum izdavanja:
31.3.2023.
Posjeta: 126 *