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International Business

International Business (IB) combines international expertise with the functional areas of General Management, emphasizing issues facing the multinational enterprise (MNE) and businesses engaged in dealings across national borders. The strength in this combination allows students to explore a deeper understanding of the cross-border intra- and inter-organizational relationships of the MNE, and incorporates a multi-level approach that also addresses the economic, institutional, sociocultural, and sociopolitical contexts in which the MNE is embedded.

The IB group at Ivey encourages students to engage with the academic community early, with many students presenting their work at the Academy of International Business and Academy of Management Annual Conferences. Our students deliver high-quality research that has frequently been recognized in leading dissertation award competitions, including those presented by the Academy of Management IM Division, the Academy of International Business, and the European International Business Academy. Ivey’s IB area group’s PhD graduates are frequent winners or finalists of these awards.

PhD students regularly co-author with senior scholars in the IB group, and their papers have received Best Paper Awards at: Academy of International Business Annual Meeting, Academy of Management Annual Meeting, Strategic Management Society Annual International Conference, Administrative Sciences of Canada Annual Conference, and Association of Japanese Business Studies Annual Conference.

Our current  IB group at Ivey consists of Paul Beamish, Klaus Meyer, Andreas Schotter, Vanessa Hasse, Nina Rosenbusch, Shengwen Li, and Elie Chrysostome. Though the common theme of IB unifies these colleagues, they draw on varied disciplinary bases to address issues of strategic alliances, foreign direct investment, subsidiary management, and boundary spanning leadership. They are particularly interested in studying these themes in emerging economies, including multinational enterprises originating from emerging economies. Leveraging their diversity, the IB group is interested in understanding IB phenomena from a multi-level and multi-disciplinary perspective. The International Business Institute supports this research. 

*Please note that IB is a stream under General Management

Areas of Research Focus

  • Strategies and performance of international joint ventures
  • Management of international alliances
  • Motives and strategies of foreign direct investment
  • Managing subsidiaries of multinational enterprises
  • Doing business and social justice in lower-income economies
  • Global value chain governance

The IB group ranks among the world's top 10 IB departments in terms of impact and productivity, and regularly publishes in the field’s top journals, such as Journal of International Business Studies, Academy of Management Journal, Academy of Management Review, Entrepreneurship Theory & Practice, Journal of Business Venturing, Journal of Management, Journal of Management Studies, Organization Science, and Strategic Management Journal.

Current PhD Student Opportunities

IB is one of five possible specializations within Ivey’s General Management PhD program. The IB specialization is designed for those interested in pursuing academic careers at top business schools in IB, Strategy, or Management departments.

The IB group welcomes applications from qualified candidates who are interested in conducting research into themes related to their research interests. The following list is indicative of such projects:

All Professors within the IB group are recruiting PhD students to join their research on the management of MNE subsidiaries. Such subsidiaries interact with, and contribute to, host societies in multiple ways that merit deeper scholarly investigations. Topics within this research agenda may examine any aspect of the strategies and operations of MNE subsidiaries, including the drivers of subsidiary growth, performance knowledge management, scope reductions and divestment as well as their contribution to host country economic, social, and environmental objectives. We are particularly interested in research exploring the role that individuals, such as boundary spanners, have on subsidiary- and MNE-level outcomes. Sample research:

Professors Paul Beamish, Vanessa Hasse, and Elie Chrysostome are recruiting for a co-supervision of PhD students with a research interest in the area of international joint ventures (IJVs) and strategic alliances. Topics within this research area can range broadly from collaborative strategies to the management of IJVs and strategic alliances. Experience with or an interest in quantitative data analysis, especially using larger datasets, will be an asset. Sample research:

Professor Andreas Schotter is recruiting PhD students wishing to pursue research into internationalization in the age of digitalization, AI, automation, and digital platforms. Topics in this line of research may employ qualitative or quantitative methodologies to examine the internationalization and the radical transformation of all types of firms, (1) disruptive technologies and digitalization, (2) sustainable development goals in the age of digitalization, (3) the changing power relationships between firms, and between firms and governments, (4) the Future of Work and the location of value creation around the world, and (4) the resurgence of populism, decoupling, and globalization; (2). The research is conducted in collaboration with several renowned professors worldwide. Sample research:

Professors Klaus Meyer and Bob Andersen are recruiting PhD students interested to analyze the impact of social and political disruption on businesses operating across national borders. This is a new stream of research which aims to enhance scholarly understanding of corporate strategies (e.g. mergers, acquisitions and divestments) as companies cope with an increasingly uncertain international business environment and/or with specific disruptions in international trade or investment regimes. Sample research:

Professors Paul Beamish, Vanessa Hasse, and Elie Chrysostome are recruiting for a co-supervision of PhD students with an interest in (and ideally direct exposure to) international business within frontier markets and the world’s poorest economies. Topics within this research area can range broadly from: FDI into or exit from these countries, social intermediation to reduce poverty, the role of management education, and response strategies for rare events, among others. Sample research:

Professor Klaus Meyer is recruiting PhD students with a research interest in the strategies and operations of multinational enterprises originating from emerging economies. Multinational enterprises from countries and regions such as China, India or South-East Asia face distinct challenges and opportunities arising from the economic and political structures of their home economies. This line of research is in particular exploring how companies address the strategic and operational challenges of catch-up strategies, including the engagement with market and nonmarket actors at home and abroad. Sample research:

Professor Andreas Schotter is recruiting Ph.D. students wishing to pursue research at the intersections of international business, economic geography, and innovation, with as particular focus on how Industry 4.0 forces shape multinational enterprise (MNE) activities and the future of work in global value chains. The research considers firm level lenses from corporate strategy and the theory of the firm and microfoundations lenses, bringing the manager into the focus, while considering the rapid changes in the external environment, such as the emergence of digital technologies and increasing global connectedness. The emphasis will be on novel configurational theorizing and methods that seek to accommodate the multiplicity of actors—individuals, firms, industries, countries—and multiplexity of interactions among these actors. We aim to develop new and refine existing knowledge that accounts for the new complexities of configuring the MNE. Sample research:

Professors Andreas Schotter and Adam Fremeth are recruiting PhD students wishing to pursue research at the intersection of international business, strategy, and public policy on the critical dynamics between globalization, deglobalization and regional studies. Topics in this line of research may employ qualitative or quantitative methodologies to examine changes in international economic, social, environmental, institutional, and business risks. A particular focus is to address the rising need for international business to become more sophisticated in managing the energy transition and how firms engage governments in that process. Sample research and sources:

 

· Formal institutional context in global strategy research: A layer cake perspective (Global Strategy Journal)

· Challenging the orthodoxy in international business research: Directions for “new” research areas (Journal of World Business)

· Activist Protest Spillovers into the Regulatory Domain (Organization Science)

· Disentangling the Politics of Climate Change (Academy of Management Discoveries)

Recent PhD Graduates

DR. RISHIRAJ KASHYAP

Assistant Professor, University of Groningen

PhD Dissertation:

Appraisals of three critical capabilities driving internationalization strategies of emerging market multinational enterprises (EMNEs)

This dissertation engages with the ongoing dialogue in the international business (IB) literature on the evolution of emerging-market multinational enterprises (EMNEs). It shows how three different EMNE capabilities – at various stages of evolution – distinctly influence the strategies they adopted during their internationalization. It shows that EMNEs’ relational capabilities are well-developed and are leveraged in their international expansion…. Read more about this thesis

 

DR. CHENG LI

Assistant Professor, University of Manitoba

PhD Dissertation:

General manager succession in multinational enterprise subsidiaries

Multinationals face growing demands from nonmarket forces, making them increasingly vulnerable to social and political disruptions. This thesis investigates two sets of relationships that are at the core of multinational nonmarket strategy: firm-government and firm-society relationships, and in so doing advances our understanding of global strategies employed to tackle challenges. It comprises…. Read more about this thesis

 

DR. LIANG (ARTHUR) LI

Assistant Professor in International Business at Henley Business School, University of Reading

PhD Dissertation:

General manager succession in multinational enterprise subsidiaries

This dissertation, based on interviews with over 40 managers and longitudinal data from over 1,900 foreign subsidiaries, develops new insights regarding subsidiary general manager (GM) changes in multinational enterprises (MNEs)…. Read more about this thesis

 

DR. JIANHUA (JENNY) ZHU

PhD Dissertation:

Investment Motives and Non-Traditional Foreign Direct Investment

This dissertation examines the characteristics and performance of non-traditional investment motives, with a secondary focus on small-employment subsidiaries. It also investigates how firms re-evaluate and change their organizational control after an industry-wide consumer confidence crisis…. Read more about this thesis

 

DR. LIANG LIANG (LUCAS) WANG

Associate Professor, University of New Brunswick

PhD Dissertation:

Antecedents and consequences of share distribution in equity joint ventures: A pricing-error approach and empirical evidence

This dissertation bridges the identified literature gaps by developing and testing two empirical models based on the pricing-error rule. According to this rule, only when share distribution of an EJV perfectly matches the two pricing errors will profit sharing to each partner fully offset the errors, which helps save the most on transaction costs…. Read more about this thesis

 

DR. MAXIMILIAN STALKAMP

Assistant Professor, Virginia Tech

PhD Dissertation:

Contemporary perspectives on the internationalization of firms

This dissertation contributes new insights to research on the internationalization of firms. Whereas prior research has focused mostly on the country as the main locational unit of analysis, I examine internationalization from both subnational and (supranational) regional perspectives. Moreover, I investigate the impact of digitalization on internationalization, by studying how ‘digital’ firms expand internationally.... Read more about this thesis

 

DR. DWARKA CHAKRAVARTY

Assistant Professor, San Diego State University

PhD Dissertation:

Foreign Direct Investment in Global Cities and Co-Ethnic Clusters: Characteristics, Performance, and Survival

This dissertation examines the characteristics, profitability, and survival of multinational enterprise (MNE) foreign direct investment (FDI) in North American “global” cities (GCs), such as Los Angeles, New York, and Toronto. Across GCs and their metropolitan areas (Metros), MNEs often co-locate with their home country and co-industry peers in “co-ethnic” and “co-ethnic, co-industry” (CECI) clusters. Despite their substantial influence on the world economy GCs are relatively underexplored as location units of analysis in International Business (IB) research. Accordingly, I address three research questions.... Read more about this thesis


Dr. YAMLAKSIRA GETACHEW

Assistant Professor, Loyola Marymount University

PhD Dissertation:

Institutional Voids, Investment Purposes, and Foreign Subsidiaries of Multinational Enterprises

This dissertation is motivated by two sets of research questions: (a) Whether, how, and when host-country market and institutional conditions have implications for the performance of foreign subsidiaries? And (b) Whether, how, and when investment purposes/motives for which foreign subsidiaries are established relate to the extent to which the subsidiaries/their parents overcome the hazards of or capitalize on the opportunities from operating in locations of high institutional voids?.... Read more about this thesis

Discipline Coordinator

Vanessa C. Hasse

Vanessa C. Hasse

Vanessa Hasse is an Assistant Professor of International Business at the Ivey Business School. Her primary research interests focus on exploring firm-level responses to performance signals (including those triggered by crises/rare events) in an international context, as well as the impact cultural and temporal dimensions have on managerial decision-making.   

Her research has been published in outlets such as the Academy of Management Journal, Global Strategy Journal, Business & Society, and more. She has received international recognition for her work, including the 2023 IM Division Best Paper Award in OB/HRM/OT (AOM) and the 2017 IM Division D'Amore-McKim School of Business, Northeastern University, Best Dissertation Award in International Management (AOM). She is also a co-author on the forthcoming 9th edition of the popular textbook International Management Behavior, with M.L. Maznevski, H.W. Lane, and R.K. Nielsen.

Dr. Hasse has authored several case studies and has been recognized as a management educator for her innovations in designing transformative learning experiences. She is the recipient of multiple Teaching Excellence Awards (every year since 2021) and was named a Finalist for the 2021 Academy of International Business Teaching Innovation Award. Dr. Hasse is a board member at the Academy of International Business-Canada chapter.

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