The Past, Present and Future of Managing Distance: Stakeholders and Development

Research output: Chapter/Conference proceedingChapterAcademic

7 Citations (Scopus)

Abstract

This paper explores whether and what kind of distance can be considered a relevant factor for managers of multinational enterprises (MNEs). In the so-called era of globalization, traditional measures such as geographical, cultural or psychic distance have become less relevant or surrounded by growing ambiguity. Instead, institutional distance, governance or administrative distance have been introduced as variables in understanding success or failure of MNEs. Relative institutional distance, thereby, proves more important than absolute distance. This paper argues that further advances in international management studies critically depend on whether it is possible to, first, move the study of internationalization from ‘factors’ to ‘actors’ and, secondly, add societal relevance to managerial relevance. Now and in the future, therefore, two final dimensions of distance are increasingly relevant: stakeholder distance and normative/development distance.
Original languageEnglish
Title of host publicationThe Past, Present and Future of International Business & Management
EditorsT. Devinney, T. Pedersen, L. Tihanyi
Pages137-169
Number of pages33
Volume23
ISBN (Electronic)978-0-85724-086-6
DOIs
Publication statusPublished - 2010

Publication series

SeriesAdvances in International Management
ISSN1571-5027

Research programs

  • RSM ORG

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