嘉宾简介：

朱紫嫣博士，澳门新葡平台网址8883网站助理教授，中国人民大学商学院管理学博士，瑞典乌普萨拉大学访问学者。主要研究方向为企业国际化战略，并延伸到全球价值链管理、数字化平台、公司治理等。研究成果发表在Journal of Management Studies等期刊。

Abstract:

In addition to economic factors, non-rational influences play a crucial role in firm internationalization. Drawing on upper echelons theory and internationalization studies, this study examines the impact of CEO political ideology on the international business choices of multinational enterprises (MNEs). Specifically, we propose that MNEs led by CEOs with more liberal political ideologies are less likely to engage in manufacturing internationalization, but more likely to pursue R&D internationalization. Using a sample of S&P 1500 firms headquartered in the U.S. from 2001 to 2016, our empirical analysis strongly supports these hypotheses. Moreover, we find that the negative relationship between CEO liberalism and manufacturing internationalization is amplified in less-developed economies, while the positive relationship between CEO liberalism and R&D internationalization is strengthened in host countries with better intellectual property protection. This study contributes to the international business literature by highlighting the significance of non-rational factors in firm internationalization and offering a fresh perspective on internationalization depth. Furthermore, it expands the existing literature on political ideology by investigating its influence on firm internationalization strategies.