Sakdipon Juasrikul’s Three Minute Thesis
Do Cross-border Alliances with MNEs From Developed Economies Create Firm Value for MNEs from Emerging Economies?
His paper “Do Cross-border alliances with MNEs from Developed Economies Create Firm Value for MNEs for Emerging Economies?” investigates the value resulting from cross-border alliances when multinational enterprises (MNEs) from emerging economies ally with those from developed economies. Based on a long-term event study of 122 cross-border alliances, the results indicate that MNEs from emerging economies derive value from such alliances. Given the nature of the MNEs from emerging economies, contractual alliance governance will enhance value creation, while cultural distance does not. This study also examines the influence of pre-alliance risk on MNEs from emerging economies as shareholders recognize the benefit of risk sharing through value creation. The interaction between cultural distance and risk level on value creation is also explored. His study highlights not only emerging economies and their MNEs, but offers an expanded picture of cross-border alliance literature.
About Sakdipon
Sakdipon “Todd” Juasrikul, Ph.D. candidate, received a Fulbright scholarship from the University of the Thai Chamber of Commerce to pursue his Ph.D. in business administration at the Carson College of Business. His research interest focus on international entrepreneurship and strategy, especially in the context of emerging economies. Todd earned a B.A. in economics from Thammasat University, Bangkok and MBA from Chiang Mai University, Chiang Mai, Thailand.