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Amitabh Kant, India's G20 Sherpa and Former CEO of the National Institution for Transforming India (Niti Aayog), discussed India's role in the global economy in a fireside chat moderated by Sharad Sharma, Co-Founder of the Indian Software Product Industry Roundtable (iSPIRT), and Ravi Ramamurti, Founding Director of the Center for Emerging Markets.

Greg Distelhorst and Anita McGahan of the University of Toronto conducted a comprehensive study of more than 4,000 companies across developing countries, investigating the impacts of wage theft, abusive disciplinary practices, and other exploitative behaviors on firm performance. They drew a comparison between “high road” employers, who treat employees with fairness and value their contributions, and “low road” employers, who exploit workers to minimize costs and enhance control. The study found that companies on the low road experienced more frequent issues with quality control, delivery timelines, and lower order values than their high road counterparts. Consequently, the researchers suggest that NGO efforts to eliminate inhumane employee treatment could actually help companies enhance their productivity and profitability. 

In their analysis of 194 publicly listed, non-state-owned Chinese companies across 24 provinces, Banalieva and colleagues observed that rapid implementation of pro-market reforms was associated with increased internationalization. Conversely, quick reversals had a deleterious effect on international expansion. The presence of family involvement, however, made family-owned companies more resilient in the face of such reversals, enabling firms to sustain their international presence, despite regulatory headwinds.

Researchers at Rutgers University and the University of Manchester examine the central role of managerial perceptions in shaping a company's response to its country joining the World Trade Organization (WTO). They find that firms from emerging markets whose managers view domestic institutions positively are more likely to expand internationally post-accession. This suggests that, to promote the internationalization of emerging markets-based companies, policymakers should prioritize improving domestic institutions and fostering positive perceptions towards those institutions among managers.

Research by Luis Dau and his colleagues at Northeastern University and Villanova University shows how international trade and sustainability agreements facilitate the adoption of corporate social responsibility (CSR) standards by state-owned enterprises (SOEs) in emerging market countries. By exploring how SOEs respond to increasing pressure from global institutions, the authors reveal the social and political factors affecting national-level decision-making and subsequent company behavior. Overall, the findings provide valuable insights for both academics and practitioners regarding the intricate relationships between trade policies, business practices, and ownership structures.

Dean De Cremer shares why the ethical use of AI is crucial to shaping the future of careers. Uncovering principles that matter in the realm of artificial intelligence.

The European Business Review

Sponsored by the Center for Emerging Markets, the International Business Club (IBC) held its inaugural International Business & Emerging Markets Case Competition on campus on Saturday, October 28, 2023.

On Saturday, October 28, 2023, the Center for Emerging Markets at Northeastern University held the second annual India summit: India – The Next Startup Nation? to explore India's vibrant startup ecosystem.

Ruth V. Aguilera and her co-author urge organizations to take a new approach to corporate governance in the face of existential risks posed by the strain of planetary resources in their study, which received the Journal of Management Studies 2022 Best Paper Award.

I by IMD

The Center for Emerging Markets was thrilled to participate in India's dynamic startup scene by supporting SmartIDEAthon 2023, one of the country's largest social innovation pitchfests.