Managerial Issues In International Business (academy Of International Business)

Managerial Issues in International Business Edited by Felicia M. Fai and Eleanor J. Morgan Managerial Issues in International Business THE ACADEMY OF INTERNATIONAL BUSINESS Published in association with the UK Chapter of the Academy of International Business Titles already published in the series: International Business and Europe in Transition (Volume 1) Edited by Fred Burton, Mo Yamin and Stephen Young Internationalisation Strategies (Volume 2) Edited by George Chryssochoidis, Carla Millar and Jeremy Clegg The Strategy and Organization of International Business (Volume 3) Edited by Peter Buckley, Fred Burton and Hafiz Mirza Internationalization: Process, Context and Markets (Volume 4) Edited by Graham Hooley, Ray Loveridge and David Wilson International Business Organization (Volume 5) Edited by Fred Burton, Malcolm Chapman and Adam Cross International Business: Emerging Issues and Emerging Markets (Volume 6) Edited by Carla C.J.M. Millar, Robert M. Grant and Chong Ju Choi International Business: European Dimensions (Volume 7) Edited by Michael D. Hughes and James H. Taggart Multinationals in a New Era: International Strategy and Management (Volume 8) Edited by James H. Taggart, Maureen Berry and Michael McDermott International Business (Volume 9) Edited by Frank McDonald, Heinz Tüselmann and Colin Wheeler Internationalization: Firm Strategies and Management (Volume 10) Edited by Colin Wheeler, Frank McDonald and Irene Greaves The Process of Internationalization (Volume 11) Edited by Frank McDonald, Michael Mayer and Trevor Buck International Business in an Enlarging Europe (Volume 12) Edited by Trevor Morrow, Sharon Loane, Jim Bell and Colin Wheeler Managerial Issues in International Business (Volume 13) Edited by Felicia M. Fai and Eleanor J. Morgan Managerial Issues in International Business Edited by Felicia M. Fai and Eleanor J. Morgan School of Management, University of Bath, UK Selection and editorial matter © Felicia M. Fai and Eleanor J. Morgan 2006 Foreword © Jeremy Clegg 2006 Individual chapters © the contributors 2006 All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission. No paragraph of this publication may be reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright, Designs and Patents Act 1988, or under the terms of any licence permitting limited copying issued by the Copyright Licensing Agency, 90 Tottenham Court Road, London W1T 4LP. Any person who does any unauthorised act in relation to this publication may be liable to criminal prosecution and civil claims for damages. The authors have asserted their rights to be identified as the authors of this work in accordance with the Copyright, Designs and Patents Act 1988. First published 2006 by PALGRAVE MACMILLAN Houndmills, Basingstoke, Hampshire RG21 6XS and 175 Fifth Avenue, New York, N.Y. 10010 Companies and representatives throughout the world PALGRAVE MACMILLAN is the global academic imprint of the Palgrave Macmillan division of St. Martin’s Press, LLC and of Palgrave Macmillan Ltd. Macmillan® is a registered trademark in the United States, United Kingdom and other countries. Palgrave