The International Business and Strategy (IB&S) Group offers innovative academic programs that prepare students for success in today's rapidly changing global economy. U.S. News & World Report consistently ranks our B.S. in International Business (BSIB) program among the Top 20 in the nation.

Students learn with faculty members who are widely recognized as experts. They come from diverse disciplines, including economics, history, management, psychology, and sociology. Members of the group are Fellows of the Academy of International Business, the Association for Psychological Science, the National Academy of Human Resources, the Society for Industrial and Organizational Psychology, and the Strategic Management Society, and serve as editors, associate editors, and editorial review board members of leading management journals.

Among the world's most prominent collections of international business and strategy scholars, faculty research conducted in the IB&S Group focuses extensively on firms' strategies in an international context and on aspects of global leadership. More specifically, they examine multinational corporations from advanced and emerging markets; reverse innovation; global talent management and workforce analytics; global entrepreneurship and innovation; global health care management; and global corporate governance, ethics, and sustainability. Much of this scholarship is spearheaded by the Center for Emerging Markets (CEM).

Most notably, our D'Amore-McKim faculty produced the most publications in the Journal of International Business Studies (JIBS) of all universities in the world from 2016-2019, according to the UT-Dallas Top 100 Business School Research Rankings.

Rethinking Corporate Power to Tackle Grand Societal Challenges: Lessons from Political Philosophy
Aragon-Correa, J.A., Aguilera, R.V., & Marano, V.
Academy of Management Review
2022

Variations in the corporate social responsibility-performance relationship in emerging market firms
Cuervo-Cazurra, A., Purkayastha, S, & Ramaswamy, K.
Organization Science
2022

A review of the internationalization of state-owned firms and sovereign wealth funds: Governments' nonbusiness objectives and discreet power
Cuervo-Cazurra, A., Grosman,A., & Megginson, W. L.
Journal of International Business Studies
2022

Financial and fiscal incentives and inward foreign direct investment: When quality institutions substitute incentives
Cuervo-Cazurra, A.
, Silva-Rêgo, B., & Figueira, A.
Journal of International Business Policy
2022                

Host country politics and foreign multinational enterprises' internationalization: a meta-analytical review
Cuervo-Cazurra, A.
, Duran, P., Arregle, J-L, van Essen, M.
Journal of Management Studies
2022

The Influence of Culture on the Relationship between Women Directors and Corporate Social Performance
Marano, V., Sauerwald, S., & van Essen, M.
Journal of International Business Studies
 2022

Enterprise strategy for blockchain: Lessons in disruption from fintech, supply chains, and consumer industries. 
Sarathy, R.
MIT Press
2022

The corporate governance of environmental sustainability: A review and a proposal for future research
Aguilera, R.V., Aragon-Correa, J.A., Marano, V., & Tashman, P.
Journal of Management
2021

Implementing the United Nations' Sustainable Development Goals in international business
Montiel, I., Cuervo-Cazurra, A., Park, J., Antolín-López, R. and Husted, B.W.
Journal of International Business Studies
2021

Enriching internationalization process theory: insights from the study of emerging market multinationals
Gammeltoft, P., & Cuervo-Cazurra, A.
Journal of International Management
2021

Multinationals' misbehavior
Cuervo-Cazurra, A., Dieleman, M., Hirsch, P., Rodrigues, S. B., and Zyglidopoulos, S.
Journal of World Business
2021

State ownership and internationalization: The advantage and disadvantage of stateness
Cuervo-Cazurra, A., & Li, C.
Journal of World Business
2021

Hospital employment of physicians in Massachusetts is associated with inappropriate diagnostic imaging
Young, G., Zepeda, D., Flaherty, S., & Thai, N.
Health Affairs
2021

Informality costs: Informal entrepreneurship and innovation in emerging economies
Bu, J., & Cuervo-Cazurra, A.
Strategic Entrepreneurship Journal
2020

State ownership and international expansion: The S‐Curve relationship
Kalasin, K., Cuervo-Cazurra, A., & Ramamurti, R.
Global Strategy Journal
2020

Skepticism on globalization and global strategy: Increasing regulations and countervailing strategies
Cuervo-Cazurra, A.
, Doz, Y., & Gaur, A.
Global Strategy Journal
2020

The bribery paradox in transition economies and the enactment of “new normal” business environments
Eddleston, K., Banalieva, E. R., & Verbeke, A.
Journal of Management Studies
2020

The liability of disruption
Marano, V., Tallman, S. & Teegen, H. J.
Global Strategy Journal
2020

The effect of hospital-physician integration on operational performance: Evaluating physician employment for cardiac services
Zepeda, D., Nyaga, G., & Young, G.
Decision Sciences
2020

International corporate governance: A review and future research directions
Aguilera, R.V., Marano, V. & Haxhi, I.
Journal of International Business Studies
2019

Internalization theory for the digital economy
Banalieva, E. R. & Dhanaraj, C.
Journal of International Business Studies
2019

Developing Cross-cultural Competencies through International Corporate Volunteerism
Caligiuri, A., Mencin, A., Jayne, B., Traylor, A.
Journal of World Business
2019

Pro-market institutions and global strategy: The pendulum of pro-market reforms and reversals
Cuervo-Cazurra, A.
, Gaur, A., Singh, D.
Journal of International Business Studies
2019

Subsidiary power: Loaned or owned. The lenses of agency theory and the resource dependence theory
Cuervo-Cazurra, A.
, Mudambi, R., & Pedersen, T.
Global Strategy Journal
2019

Clarifying the relationships between institutions and global strategy
Cuervo-Cazurra, A.
, Mudambi, R., & Pedersen, T.
Global Strategy Journal
2019

Frugality-based advantage
Asakawa, K., Cuervo-Cazurra, A., & Un. A.
Long Range Planning
2019

When a high-quality niche strategy is not enough to spur family firm internationalization: The role of external and internal contexts.
Eddleston, K., Sarathy, R., & Banalieva, E. R.
Journal of International Business Studies
2019

Walking the walk or talking the talk? Corporate social responsibility decoupling in emerging market multinationals.
Tashman, P., Marano, V. & Kostova, T.
Journal of International Business Studies
2019

Local and Global Knowledge Complementarity and R&D Collaborations by Domestic and Foreign Firms
Annique Un
Journal of International Management
2018

“What is ‘Chinese' about Chinese Multinationals?”
Ravi Ramamurti, Hillemann, J.
Journal of International Business Studies
2018

Transforming Health Care from the Ground Up
Govindarajan, V., Ravi Ramamurti,
Harvard Business Review
2018

Integrating Life Cycle Asset Management in the Public Sector
Joseph Giglio, John Friar, William Crittenden
Business Horizons
2018

Contextualizing International Learning: The Moderating Effects of Mode of Entry and Subsidiary Networks on the Relationship Between Reforms and Profitability
Luis Dau
Journal of World Business
2018

The Impact of Regional Networks on Private Equity Investments in Emerging Markets: The Interplay Between Networks, Culture, and Geography
Mingo, S., Morales, F.,Luis Dau
Journal of International Business Studies
2018

The More the Merrier? Immigrant Concentration and Entrepreneurial Activities
Chengguang, L., Isidor, R., Luis Dau, Kabst, R.
Entrepreneurship Theory and Practice
2018

“Impact of the Home Country on Internationalization”
Alvaro Cuervo-Cazurra, Yadong, L., Ravi Ramamurti, Ang, S.H.
Journal of World Business
2018

The Impact of R&D Sources on New Product Development: Sources of Funds and the Diversity versus Control of Knowledge Debate
Alvaro Cuervo-Cazurra,  Nieto, M., Rodriguez, A.
Long Range Planning
2018

The Evolution of Business Groups' Corporate Social Responsibility
Alvaro Cuervo-Cazurra 
Journal of Business Ethics
2018

The Boundaries of the Firm in Global Strategy
Alvaro Cuervo-Cazurra, Mudambi, R., Pedersen, T.
Global Strategy Journal
2018

Home Country Uncertainty and the Internationalization-Performance Relationship: Building an Uncertainty Management Capability
Alvaro Cuervo-Cazurra,  Ciravegna, L., Melgarejo, M., Lopez, L.
Journal of World Business
2018

Globalization: Rising Skepticism
Alvaro Cuervo-Cazurra, Mudambi, R., Pedersen, T.
Global Strategy Journal
2018

Integrating Life Cycle Asset Management in the Public Sector
Joseph Griglio, John Friar, William Crittenden
Business Horizons
2018

Corporate Governance Deviance
Ruth Aguilera, Judge, W. Q., Terjesen, S.
Academy of Management Review
2018

Managerial Incentives, Myopic Loss Aversion and Firm Risk: A Comparison of Family and Non-Family Firms
Todd Alessandri, Mammen, J., Kimberly Eddleston
Journal of Business Research
2018

The Mixed Gamble of Internationalization in Family and Nonfamily firms: The Moderating Role of Organizational Slack
Todd Alesandri, Cerrato, D., Kimberly Eddleston
Global Strategy Journal
2018

Dynamics of Pro-Market Institutions and Firm Performance
Elitsa Banalieva, Alvaro Cuervo-Cazurra, Sarathy, R.
Journal of International Business Studies
2018

Contextualizing Leadership: A Typology of Global Leadership Roles
Reiche, S., Allan Bird, Mendenhall, M. E., Osland, J. S.
Journal of International Business Studies
2017

Barriers to Absorptive Capacity in Emerging Market Firms
Alvaro Cuervo-Cazurra, Rui, H.
Journal of World Business
2017

Overcoming Human Capital Voids in Underdeveloped Countries
Wang, S., Alvaro Cuervo-Cazurra
Global Strategy Journal
2017

The More the Merrier? Immigrant Concentration and Entrepreneurial Activities
Li, C., Isidor, R., Luis A. Dau, Kabst, R.
Entrepreneurship Theory and Practice
2017

Escaping the iron cage: Liabilities of origin and CSR reporting of emerging market multinational enterprises
Marano, V., Tashman, P. & Kostova, T.
Journal of International Business Studies
2017

Embracing Causal Complexity: The Emergence of a Neo-Configurational Perspective
Misangyi, V., Greckhamer, T., Furnari, S., Fiss, P., Crilly, D., Ruth Aguilera
Journal of Management
2016

Varieties of Institutional Systems: A Contextual Taxonomy of Understudied Countries
Fainschmidt, S., Ruth Aguilera, Judge, W. Q., Smith, A.
Journal of World Business
2016

A Clash of Governance Logics: Foreign Ownership and Board Monitoring
Desender, K., Ruth Aguilera, Lopez- Puertas Lamy, M., Crespi-Cladera, R.
Strategic Management Journal
2016

Global Corporate Governance: On the Relevance of Firms' Ownership Structure
Ruth Aguilera, Crespi-Cladera, R.
Journal of World Business
2016

Sovereign Wealth Funds: A Strategic Governance View
Ruth Aguilera, Capape, J., Santiso, J.
Academy of Management Perspectives
2016

The Governance Impact of a Changing Investor Landscape: Foreign Investors and Managerial Earnings Forecasts
Ruth Aguilera, Desender, K., Lopez- Puertas Lamy, M., Lee, J.
Journal of International Business Studies
2016

Communist Footprint and Subordinate Influence Behavior in Post-Communist Transition Economies
Elitsa R. Banalieva, Karam, C., Ralston, D.
Journal of World Business
2016

Institutional Difference, Organizational Learning, and Foreign Affiliate Performance: Evidence from Polish Firms
Trapczynski, P., Elitsa R. Banalieva
Journal of World Business
2016

Experimental designs in international business research
Zellmer-Bruhn, M., Paula Caligiuri, Thomas, D.
Journal of International Business Studies
2016

The Enduring and Evolving Challenges in Global Mobility
Paula Caligiuri, Bonache, J.
Journal of World Business
2016

Learning-by-doing in Emerging Market Multinationals: Integration, Trial and Error, Repetition, and Extension
Rui, H., Alvaro Cuervo-Cazurra, C. Annique Un
Journal of World Business
2016

Can I trust your findings? Trustworthy Research in International Business Research
Alvaro Cuervo-Cazurra, Andersson, U., Brannen, M. Y., Nielsen, B., Reuber, R.
Journal of International Business Studies
2016

Corruption in International Business
Alvaro Cuervo-Cazurra
Journal of World Business
2016

State-owned Multinationals: A JIBS Collection
Alvaro Cuervo-Cazurra
Journal of International Business Studies
2016

Contextualizing International Learning: The Moderating Effects of Mode of Entry and Subsidiary Networks on the Relationship Between Reforms and Profitability
Luis A. Dau
Journal of World Business
2016

Knowledge, Proximity and R&D Exodus
Grigorios Livanis, Anna Lamin
Research Policy
2016

Escaping the Iron Cage: Liabilities of Origin and CSR Reporting of Emerging Market Multinational Enterprises
Valentina Marano, Tashman, P. A., Kostova, T.
Journal of International Business Studies
2016

Home Country Institutions and the Internationalization-Performance Relationship: A Meta-Analytic Review
Valentina Marano, Arregle, J.-L., Hitt, M., Spadafora, E., Van Essen, M.
Journal of Management
2016

Headquarters-Subsidiary Relationships in MNCs: Fifty Years of Evolving Research
Valentina Marano, Kostova, T., Tallman, S.
Journal of World Business
2016

Internationalization and Innovation in Emerging Markets
Ravi Ramamurti
Strategic Management Journal
2016

The Liability of Localness in Innovation
C. Annique Un
Journal of International Business Studies
2016

Supply Chain Risk Management and Hospital Inventory: Effects of System Affiliation
E. David Zepeda, Gilbert Nyaga, Gary J. Young
Journal of Operations Management
2016

New Books

Mexican Multinationals: How to Build Multinationals in Emerging Markets
Alvaro Cuervo-Cazurra, Montoya, M. A.
Cambridge University Press
In Press

State-Owned Multinationals: Governments in Global Business
Alvaro Cuervo-Cazurra
Palgrave
2018

Reverse Innovation in Healthcare Delivery: How Value-Based Care Works
Govindarajan, V., Ravi Ramamurti
Harvard Business Review Press
2017

Emerging Market Multinationals: Solving Operational Challenges in Internationalization
Alvaro Cuervo-Cazurra, Newburry, W., Park, S.
Cambridge University Press
2016

The Health Professional Workforce: New Directions in Theory and Practice
Timothy Hoff, Gary J. Young, Sutcliffe, K.
Oxford University Press
2016

When Do Family Firms Have an Advantage in Transitioning Economies? Toward a Dynamic Institution-Based View.
Banalieva, E. R., Eddleston, K., & Zellweger, R.
Strategic Management Journal
2014

Home regional orientation in international expansion strategies
Banalieva, E. R. & Dhanaraj, C.
Journal of International Business Studies
2013

Home regional focus and performance of family firms: the role of family vs. non-family leaders
Banalieva, E. R. & Eddleston, K.
Journal of International Business Studies
2011

Recognized as leaders in the fields of international business and strategy, our distinguished faculty serve in a number of editorial positions on academic journals, university presses and other scholarly outlets.

Academy of Management Discoveries: Alvaro Cuervo-Cazurra, Editorial Board Member

Academy of Management Journal: Alvaro Cuervo-Cazurra, Editorial Board Member

Academy of Management Perspectives: Paula Caligiuri, Editorial Board Member

Academy of Management Review: Alvaro Cuervo-Cazurra, Editorial Board Member

Advances in Global Leadership: Allan Bird, Editorial Board Member

Business Horizons: William Crittenden, Editorial Board Member

Business & Society: Valentina Marano, Editorial Board Member

Cross-Cultural Management: Paula Caligiuri, Editorial Board Member; Sheila Puffer, Editorial Board Member

European Journal of International Management: Sheila Puffer, Editorial Board Member

Global Strategy Journal: Alvaro Cuervo-Cazurra, Editor; Elitsa Banalieva, Editorial Board Member; Luis Dau, Editorial Board Member; Ravi Ramamurti, Editorial Board Member; Anna Lamin, Editorial Board Member

Health Service Management Research: Gary Young, Editorial Board Member

Human Resource Management: Mark Huselid, Editor

Human Resource Management Review: Mark Huselid, Editorial Board Member

Industry and Innovation: C. Annique Un, Editorial Board Member

International Business Review: Elitsa Banalieva, Senior Associate Editor

International Journal of Bangladesh Society for Human Resource Management: Allan Bird, Editorial Board Member

International Journal of Cross Cultural Management: Harry Lane, Editorial Board Member

International Journal of Emerging Markets: Elitsa Banalieva, Editorial Board Member; Sheila Puffer, Editorial Board Member; Ravi Ramamurti, Editorial Board Member

International Journal of Human Resource Management: Mark Huselid, Editorial Board Member

International Journal of Industrial Organization: James Dana, Associate Editor

International Trade Center: Elitsa, Review Member

Journal for East European Management Studies: Sheila Puffer, Editorial Board Member

Journal of Asian Business Studies: Allan Bird, Editorial Board Member; Ravi Ramamurti, Editorial Board Member

Journal of Business Research: Allan Bird, Editorial Board Member

Journal of Cross Cultural Management: Ravi Ramamurti, Editorial Board Member

Journal of Engineering and Technology Management: C. Annique Un, Editorial Board Member

Journal of Frugal Innovation: Ravi Ramamurti, Editorial Board Member

Journal of Global Mobility: Paula Caligiuri, Editorial Board Member

Journal of Industrial Economics: James Dana, Associate Editor

Journal of International Business Studies: Paula Caligiuri, Associate Editor; Alvaro Cuervo-Cazurra, Consulting Editor; Elitsa Banalieva, Editorial Review Board Member; Allan Bird, Editorial Board Member; Paula Caligiuri, Editorial Board Member; Luis Dau, Editorial Board Member; Anna Lamin, Editorial Board Member; Valentina Marano, Editorial Board Member

Journal of International Management: Alvaro Cuervo-Cazurra, Editorial Board Member

Journal of Management: Todd Alessandri, Editorial Board Member

Journal of Management Studies: Elitsa Banalieva, Editorial Board Member; Alvaro Cuervo-Cazurra, Editorial Board Member; Valentina Marano, Editorial Board Member

Journal of Organizational Effectiveness: People and Performance: Mark Huselid, Editorial Board Member

Journal of Product Innovation Management: C. Annique Un, Editorial Board Member

Journal of Strategy and Management: Todd Alessandri, Editorial Board Member

Journal of Teaching International Business: Ravi Ramamurti, Editorial Board Member

Journal of World Business: Paula Caligiuri, Editor; Elitsa Banalieva, Editorial Review Board Member; Allan Bird, Editorial Board Member; Luis Dau, Editorial Board Member; Sheila Puffer, Editorial Board Member; C. Annique Un, Editorial Board Member; Valentina Marano, Editorial Board Member

Leadership: Bert Spector, Editorial Board Member

Management and Organization Review: Elitsa Banalieva, Editorial Board Member

Management International: Ravi Ramamurti, Editorial Board Member

Management International Review: Alvaro Cuervo-Cazurra, Editorial Board Member; Christopher Robertson, Editorial Board Member

Medical Care Research and Review: Gary Young, Editorial Board Member

Organization Science: Ruth Aguilera, Senior Editor

Organizational Dynamics: Sheila Puffer, Editorial Board Member

POLAC International Journal of Economics & Management Science: William Crittenden, Associate Editor

Strategic Management Journal: Alvaro Cuervo-Cazurra, Editorial Board Member

Strategic Management Review: Elitsa Banalieva, Editorial Board Member

Thunderbird International Business Review: Sheila Puffer, Editorial Board Member

Paula Caligiuri: Academy of International Business Fellow, Academy of International Business

Ravi Ramamurti: Deputy Dean of the Academy of International Business Fellows, Academy of International Business

George Yip: Hall of Fame Inductee, Thinkers50

Gary Young: 2021 – 2023, $225,000: Funding from GlobeMed to study the health reform initiative of Egypt and provide technical support regarding implementation.

Gary Young: April 2020 – March 2021: Appointed to U.S. Department of Homeland Security, (Federal Emergency Management Agency) Coronavirus Disease19 Region 1 Recovery Task Force.

Gary Young: 2020 Edgar C. Hayhow “Article of the Year” Award, American College of Healthcare Executives

Valentina Marano: 2019: Winner, IM Division Best Paper in Corporate Social Responsibility and Sustainability

Gary Young: 2019: Appointed to The National Academies of Science, Engineering and Medicine, member of expert panel addressing the readiness of private-sector health care providers for threats to the public's health and national security. 

Gary Young: 2019 – 2023, $1,050,000: Funding from the Centers for Disease Control and Prevention to study clinicians' prescribing patterns and patients' adherence to medication for the treatment of opioid use dependence.

Christopher Robertson: 2017 Fulbright Scholar, Senior Specialist, Bogota-Colombia, Universidad del Rosario

Alvaro Cuervo-Cazurra: Honorary Doctorate, Copenhagen Business School; JIBS Silver Medal for intellectual contributions to Journal of International Business Studies in the last 50 years; Naming of Cuervo-Cazurra and Newburry Award for Contribution to the Scientific Capacity of Academics in Latin America and the Caribbean, Academy of International Business, Latin American Chapter; AIB Fellow, Academy of International Business; Best Reviewer Award, Journal of International Business Studies

Elitsa Banalieva: 2018: Winner, 2018 FIU/AIB Best Theory Paper Award, Academy of International Business

Gary Young: 2018 Keynote speaker, “Performance Measurement and the Limits of Provider Accountability” for the annual meeting of the Italian Health Economics Association, Naples Italy.

Elitsa Banalieva: 2016: Winner, Emerald Citation of Excellence Award

Luis Dau: Best Selling Case 2013-2016, Ivey Publishing

Luis Dau: Best Paper in Global Strategy Award, Academy of Management, International Management Division

Harry Lane: Best Selling Case 2015-2016, Ivey Publishing

Sheila Puffer: 2017 Emerald Literati Outstanding Paper Award, Emerald Publishing

Sheila Puffer: Top Ten Bestselling Case December 2016, Newmont Mining Corp, Ivey Publishing

Bert Spector: 2017 Sage Leadership Best Paper Award, Academy of Management Management History

Ruth Aguilera: Named Academy of International Business Studies Fellow

Allan W. Bird: Named Darla and Frederick Brodsky Trustee Professor in Global Business

William Crittenden: Named Direct Selling Education Foundation Fellow

Luis Dau: 2016-2017 John H. Dunning Visiting Fellow, University of Reading

Mark Huselid: Named National Academy of Human Resources Fellow

Valentina Marano: 2018 Academy of Management Best Paper Proceedings

Ruth Aguilera: 2016 Academy of International Business Fellowship

Elitsa Banalieva: 2012: Winner, Haynes Prize for the Most Promising Scholar Under the Age of 40, Academy of International Business

Elitsa Banalieva: 2012: Winner, Douglas Nigh Award for Best Interdisciplinary Paper, Academy of Management

Elitsa Banalieva: 2012: Winner, George Washington University-CIBER Best Paper on Emerging Markets Award, Academy of Management

Featured News

Ruth V. Aguilera's research, teaching, and service efforts are significant and have attracted worldwide acclaim. In 2016 she was named a Fellow to the Academy of International Business (AIB), and in 2018 she was inducted as a Fellow to the Strategic Management Society (SMS).

D'Amore-McKim School of Business Distinguished Professor Ravi Ramamurti came to the U.S. in 1977 with hopes to make a difference in the world. He is the founder and director of Northeastern University's Center for Emerging Markets, a leading hub of research on economies that are not quite developed—the largest of which are in Brazil, Russia, India, and China.