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

Carr, Chris and Harris, Simon (2004) The impact of diverse national values on strategic investment decision processes in the context of globalization. International Journal of Cross Cultural Management, 4 (1). pp. 77-99. ISSN 1470-5958

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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.

Item type: Article
ID code: 4290
Keywords: globalization, strageic management, economic growth, values, Commerce, Management. Industrial Management, Organizational Behavior and Human Resource Management, Business and International Management, Cultural Studies
Subjects: Social Sciences > Commerce
Social Sciences > Industries. Land use. Labor > Management. Industrial Management
Department: Faculty of Science > Physics
Strathclyde Business School > Strategy and Organisation
Related URLs:
    Depositing user: Strathprints Administrator
    Date Deposited: 12 Oct 2007
    Last modified: 04 Sep 2014 15:48
    URI: http://strathprints.strath.ac.uk/id/eprint/4290

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