Managing favors in a global economy

Managers engaged in the global economy continually encounter circumstances in which they wish to ask for or they themselves are approached for a favor to accomplish business objectives. Favors are also important in personal relationships, but the focus of this Special Issue is on their use in busine...

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Main Authors: Puffer, S., McCarthy, D., Peng, Mike
Format: Journal Article
Published: Springer New York LLC 2013
Online Access:http://hdl.handle.net/20.500.11937/50115
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author Puffer, S.
McCarthy, D.
Peng, Mike
author_facet Puffer, S.
McCarthy, D.
Peng, Mike
author_sort Puffer, S.
building Curtin Institutional Repository
collection Online Access
description Managers engaged in the global economy continually encounter circumstances in which they wish to ask for or they themselves are approached for a favor to accomplish business objectives. Favors are also important in personal relationships, but the focus of this Special Issue is on their use in business activities, including favors that spill over from a manager’s personal relationships into the business arena. Despite their importance in business, the use of favors has been an understudied phenomenon in the field of management and international business. Favors span a number of issues such as corporate growth strategies, foreign direct investment, joint ventures and other alliances, multinational headquarters-subsidiary relations, knowledge transfer, human resources management, and business ethics. Thus, this Special Issue contributes to the development of this nascent field in those arenas, although we realize that the topic has been a prominent one for decades in other fields, particularly anthropology (Malinowsky, 1922; Mauss, 1990/1950), sociology (Blau, 1964; Burt, 1992; Homans, 1958; Scott, 2008), and economics (North, 1990; Polanyi, 1957). Additionally some management authors have addressed the topic of favors either directly (Flynn, 2003), or by discussing practices that would be considered favors. Examples would be work on guanxi in China (Luo, 2007), blat/sviazi in Russia (Ledeneva, 1998, 2006), jeito in Brazil (Amado & Brasil, 1991), and favors in India (Schuster, 2006), as well as the use of favors in all the BRIC countries (Puffer, McCarthy, Jaeger, & Dunlap, 2013).
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spelling curtin-20.500.11937-501152017-09-13T15:37:03Z Managing favors in a global economy Puffer, S. McCarthy, D. Peng, Mike Managers engaged in the global economy continually encounter circumstances in which they wish to ask for or they themselves are approached for a favor to accomplish business objectives. Favors are also important in personal relationships, but the focus of this Special Issue is on their use in business activities, including favors that spill over from a manager’s personal relationships into the business arena. Despite their importance in business, the use of favors has been an understudied phenomenon in the field of management and international business. Favors span a number of issues such as corporate growth strategies, foreign direct investment, joint ventures and other alliances, multinational headquarters-subsidiary relations, knowledge transfer, human resources management, and business ethics. Thus, this Special Issue contributes to the development of this nascent field in those arenas, although we realize that the topic has been a prominent one for decades in other fields, particularly anthropology (Malinowsky, 1922; Mauss, 1990/1950), sociology (Blau, 1964; Burt, 1992; Homans, 1958; Scott, 2008), and economics (North, 1990; Polanyi, 1957). Additionally some management authors have addressed the topic of favors either directly (Flynn, 2003), or by discussing practices that would be considered favors. Examples would be work on guanxi in China (Luo, 2007), blat/sviazi in Russia (Ledeneva, 1998, 2006), jeito in Brazil (Amado & Brasil, 1991), and favors in India (Schuster, 2006), as well as the use of favors in all the BRIC countries (Puffer, McCarthy, Jaeger, & Dunlap, 2013). 2013 Journal Article http://hdl.handle.net/20.500.11937/50115 10.1007/s10490-012-9340-6 Springer New York LLC unknown
spellingShingle Puffer, S.
McCarthy, D.
Peng, Mike
Managing favors in a global economy
title Managing favors in a global economy
title_full Managing favors in a global economy
title_fullStr Managing favors in a global economy
title_full_unstemmed Managing favors in a global economy
title_short Managing favors in a global economy
title_sort managing favors in a global economy
url http://hdl.handle.net/20.500.11937/50115