Working capital liability of foreignness: the apparel retail experience in Brazil
Autor(a) principal: | |
---|---|
Data de Publicação: | 2018 |
Tipo de documento: | Dissertação |
Idioma: | eng |
Título da fonte: | Repositório Institucional do FGV (FGV Repositório Digital) |
Texto Completo: | https://hdl.handle.net/10438/25692 |
Resumo: | Purpose: To provide propositions regarding how juxtaposing two well-known and established theories might impact the way firms venture when entering into new international markets. Design/Methodology/Approach: Building on exploratory and inductive research and on multiple cases and on work in related disciplines and on 18 field interviews with managers and C-level executives in diverse functions and organizations. Findings: Provide empirical support from interviews on the case studies to corroborate with the three propositions and compare amongst the observed practices what could be done differently to mitigate WCLOF (Working Capital Liability of Foreignness). The first proposition is presented regarding how the Liability of Foreignness (LOF) plays a role when international firms are managing their Working Capital (WC) of a subunit in a host market, using six qualitative case studies from three international players and three local competitors; the second proposition is related to if firms overcome LOF over time when, using the same three international players in qualitative case studies to observe how they have been evolving is the new host market regarding their WC improvement and; the third proposition is whether the international players might carry an advantage when establishing a subunit in a new host market, considering again the same three international players in qualitative case studies. Research Limitations: Further research is necessary into different markets other than Brazil and / or different industries other than the apparel / fashion retailing. Broader survey, with statistical generalization, might validate the propositions presented. Practical Implications: The propositions could serve as a managerial tool for identifying WCLOF, thus also for assisting to overcome it. Originality/value: given the novelty in bringing these two existing theories juxtaposed in academic literature, it demanded inductive research to assist uniqueness findings. |
id |
FGV_10a2cad7b2cf8cf4f725bcf4736d5b5a |
---|---|
oai_identifier_str |
oai:repositorio.fgv.br:10438/25692 |
network_acronym_str |
FGV |
network_name_str |
Repositório Institucional do FGV (FGV Repositório Digital) |
repository_id_str |
3974 |
spelling |
Bianchi, Francisco SoaresEscolas::EAESPRamos, Carla Sofia Dias MoreiraGenaro, Alan deSheng, Hsia Hua2018-11-07T12:09:18Z2018-11-07T12:09:18Z2018-09-25https://hdl.handle.net/10438/25692Purpose: To provide propositions regarding how juxtaposing two well-known and established theories might impact the way firms venture when entering into new international markets. Design/Methodology/Approach: Building on exploratory and inductive research and on multiple cases and on work in related disciplines and on 18 field interviews with managers and C-level executives in diverse functions and organizations. Findings: Provide empirical support from interviews on the case studies to corroborate with the three propositions and compare amongst the observed practices what could be done differently to mitigate WCLOF (Working Capital Liability of Foreignness). The first proposition is presented regarding how the Liability of Foreignness (LOF) plays a role when international firms are managing their Working Capital (WC) of a subunit in a host market, using six qualitative case studies from three international players and three local competitors; the second proposition is related to if firms overcome LOF over time when, using the same three international players in qualitative case studies to observe how they have been evolving is the new host market regarding their WC improvement and; the third proposition is whether the international players might carry an advantage when establishing a subunit in a new host market, considering again the same three international players in qualitative case studies. Research Limitations: Further research is necessary into different markets other than Brazil and / or different industries other than the apparel / fashion retailing. Broader survey, with statistical generalization, might validate the propositions presented. Practical Implications: The propositions could serve as a managerial tool for identifying WCLOF, thus also for assisting to overcome it. Originality/value: given the novelty in bringing these two existing theories juxtaposed in academic literature, it demanded inductive research to assist uniqueness findings.Propósito: Prover proposições a respeito de como duas conhecidas and estabelecidas teorias justapostas poodem impactar as firmas ao entrar em novos mercados internacionais. Design / Metodologia / Abordagem: a partir de pesquisa exploratória e indutiva e em casos múltiplos, em temas relacionados e em 18 entrevistas de campo com gestores e executivos em diversas funções e organizações. Resultados: prover base empírica a partir de entrevistas sobre os estudos de caso para corroborar com as três proposições e comparar, entre as práticas observadas, o que poderia ser feito de forma diferente para mitigar o WCLOF (Working Capital Liability of Foreignness). A primeira proposição é sobre o papel que Liability of Foreignness (LOF) desempenha quando as firmas internacionais gerenciam seu Capital de Giro (WC) de uma subunidade em um mercado estrangeiro, a com base em seis estudos de caso qualitativos de três competidores internacionais e três pares locais; a segunda proposição é a se as empresas superam o LOF ao longo do tempo, com base nos mesmos pares internacionais em estudos de caso qualitativos para observar como eles, no novo mercado estrangeito em relação ao aprimoramento de seus WC; a terceira proposição é se as firmas internacionais podem trazer uma vantagem ao estabelecer uma subunidade em um novo mercado estrangeiro, considerando novamente as mesmos três firmas internacionais em estudos de casos qualitativos Limitações de pesquisa: Pesquisas adicionais são necessárias em diferentes mercados, exceto no Brasil e / ou em diferentes indústrias, além do varejo de vestuário / moda. Um levantamento mais amplo, com testes estatísticos, pode validar as proposições apresentadas. Implicações Práticas: As proposições poderiam servir como uma ferramenta gerencial para identificar o WCLOF, assim também para ajudar a superá-lo. Originalidade / valor: dada o ineditismo em avaliar essas duas teorias existentes justapostas na literatura acadêmica, foram requeridas pesquisas indutivas para auxiliar a novidade das descobertas.engLiability of foreignnessCost of doing business abroadWorking capitalCash conversion cycleBrazilian apparel retailCusto de fazer negócios no exteriorCapital de giroCiclo de conversão de caixaVarejo de vestuário brasileiroAdministração de empresasCapital de giroEmpresas multinacionaisVestuário - Comércio - BrasilWorking capital liability of foreignness: the apparel retail experience in Brazilinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisinfo:eu-repo/semantics/openAccessreponame:Repositório Institucional do FGV (FGV Repositório Digital)instname:Fundação Getulio Vargas (FGV)instacron:FGVTEXTWCLOF_ TA_MPGC_Francisco Soares Bianchi_20181025_com_ficha_catalografica.pdf.txtWCLOF_ TA_MPGC_Francisco Soares Bianchi_20181025_com_ficha_catalografica.pdf.txtExtracted texttext/plain102370https://repositorio.fgv.br/bitstreams/ad366df6-43d7-4875-9617-cce500d04611/download6fff82ae1ccf153e334367fde0375ed1MD510ORIGINALWCLOF_ TA_MPGC_Francisco Soares Bianchi_20181025_com_ficha_catalografica.pdfWCLOF_ TA_MPGC_Francisco Soares Bianchi_20181025_com_ficha_catalografica.pdfPDFapplication/pdf1017500https://repositorio.fgv.br/bitstreams/ff85ea3e-d203-4ff0-a9ad-bb4ce15d2432/download3467f9f9a3cf66b21bc9868994b203d3MD56LICENSElicense.txtlicense.txttext/plain; charset=utf-84707https://repositorio.fgv.br/bitstreams/e9db9a56-1a87-46a7-8aa8-1dca696b2724/downloaddfb340242cced38a6cca06c627998fa1MD57THUMBNAILWCLOF_ TA_MPGC_Francisco Soares Bianchi_20181025_com_ficha_catalografica.pdf.jpgWCLOF_ TA_MPGC_Francisco Soares Bianchi_20181025_com_ficha_catalografica.pdf.jpgGenerated Thumbnailimage/jpeg2569https://repositorio.fgv.br/bitstreams/9b610128-7c0d-4525-85c2-62f0e5025366/download5fde7c77eb6c5464ed02282c10d8b9a9MD51110438/256922023-11-27 15:28:58.921open.accessoai:repositorio.fgv.br:10438/25692https://repositorio.fgv.brRepositório InstitucionalPRIhttp://bibliotecadigital.fgv.br/dspace-oai/requestopendoar:39742023-11-27T15:28:58Repositório Institucional do FGV (FGV Repositório Digital) - Fundação Getulio Vargas (FGV)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 |
dc.title.eng.fl_str_mv |
Working capital liability of foreignness: the apparel retail experience in Brazil |
title |
Working capital liability of foreignness: the apparel retail experience in Brazil |
spellingShingle |
Working capital liability of foreignness: the apparel retail experience in Brazil Bianchi, Francisco Soares Liability of foreignness Cost of doing business abroad Working capital Cash conversion cycle Brazilian apparel retail Custo de fazer negócios no exterior Capital de giro Ciclo de conversão de caixa Varejo de vestuário brasileiro Administração de empresas Capital de giro Empresas multinacionais Vestuário - Comércio - Brasil |
title_short |
Working capital liability of foreignness: the apparel retail experience in Brazil |
title_full |
Working capital liability of foreignness: the apparel retail experience in Brazil |
title_fullStr |
Working capital liability of foreignness: the apparel retail experience in Brazil |
title_full_unstemmed |
Working capital liability of foreignness: the apparel retail experience in Brazil |
title_sort |
Working capital liability of foreignness: the apparel retail experience in Brazil |
author |
Bianchi, Francisco Soares |
author_facet |
Bianchi, Francisco Soares |
author_role |
author |
dc.contributor.unidadefgv.por.fl_str_mv |
Escolas::EAESP |
dc.contributor.member.none.fl_str_mv |
Ramos, Carla Sofia Dias Moreira Genaro, Alan de |
dc.contributor.author.fl_str_mv |
Bianchi, Francisco Soares |
dc.contributor.advisor1.fl_str_mv |
Sheng, Hsia Hua |
contributor_str_mv |
Sheng, Hsia Hua |
dc.subject.eng.fl_str_mv |
Liability of foreignness Cost of doing business abroad Working capital Cash conversion cycle Brazilian apparel retail |
topic |
Liability of foreignness Cost of doing business abroad Working capital Cash conversion cycle Brazilian apparel retail Custo de fazer negócios no exterior Capital de giro Ciclo de conversão de caixa Varejo de vestuário brasileiro Administração de empresas Capital de giro Empresas multinacionais Vestuário - Comércio - Brasil |
dc.subject.por.fl_str_mv |
Custo de fazer negócios no exterior Capital de giro Ciclo de conversão de caixa Varejo de vestuário brasileiro |
dc.subject.area.por.fl_str_mv |
Administração de empresas |
dc.subject.bibliodata.por.fl_str_mv |
Capital de giro Empresas multinacionais Vestuário - Comércio - Brasil |
description |
Purpose: To provide propositions regarding how juxtaposing two well-known and established theories might impact the way firms venture when entering into new international markets. Design/Methodology/Approach: Building on exploratory and inductive research and on multiple cases and on work in related disciplines and on 18 field interviews with managers and C-level executives in diverse functions and organizations. Findings: Provide empirical support from interviews on the case studies to corroborate with the three propositions and compare amongst the observed practices what could be done differently to mitigate WCLOF (Working Capital Liability of Foreignness). The first proposition is presented regarding how the Liability of Foreignness (LOF) plays a role when international firms are managing their Working Capital (WC) of a subunit in a host market, using six qualitative case studies from three international players and three local competitors; the second proposition is related to if firms overcome LOF over time when, using the same three international players in qualitative case studies to observe how they have been evolving is the new host market regarding their WC improvement and; the third proposition is whether the international players might carry an advantage when establishing a subunit in a new host market, considering again the same three international players in qualitative case studies. Research Limitations: Further research is necessary into different markets other than Brazil and / or different industries other than the apparel / fashion retailing. Broader survey, with statistical generalization, might validate the propositions presented. Practical Implications: The propositions could serve as a managerial tool for identifying WCLOF, thus also for assisting to overcome it. Originality/value: given the novelty in bringing these two existing theories juxtaposed in academic literature, it demanded inductive research to assist uniqueness findings. |
publishDate |
2018 |
dc.date.accessioned.fl_str_mv |
2018-11-07T12:09:18Z |
dc.date.available.fl_str_mv |
2018-11-07T12:09:18Z |
dc.date.issued.fl_str_mv |
2018-09-25 |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/masterThesis |
format |
masterThesis |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://hdl.handle.net/10438/25692 |
url |
https://hdl.handle.net/10438/25692 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.source.none.fl_str_mv |
reponame:Repositório Institucional do FGV (FGV Repositório Digital) instname:Fundação Getulio Vargas (FGV) instacron:FGV |
instname_str |
Fundação Getulio Vargas (FGV) |
instacron_str |
FGV |
institution |
FGV |
reponame_str |
Repositório Institucional do FGV (FGV Repositório Digital) |
collection |
Repositório Institucional do FGV (FGV Repositório Digital) |
bitstream.url.fl_str_mv |
https://repositorio.fgv.br/bitstreams/ad366df6-43d7-4875-9617-cce500d04611/download https://repositorio.fgv.br/bitstreams/ff85ea3e-d203-4ff0-a9ad-bb4ce15d2432/download https://repositorio.fgv.br/bitstreams/e9db9a56-1a87-46a7-8aa8-1dca696b2724/download https://repositorio.fgv.br/bitstreams/9b610128-7c0d-4525-85c2-62f0e5025366/download |
bitstream.checksum.fl_str_mv |
6fff82ae1ccf153e334367fde0375ed1 3467f9f9a3cf66b21bc9868994b203d3 dfb340242cced38a6cca06c627998fa1 5fde7c77eb6c5464ed02282c10d8b9a9 |
bitstream.checksumAlgorithm.fl_str_mv |
MD5 MD5 MD5 MD5 |
repository.name.fl_str_mv |
Repositório Institucional do FGV (FGV Repositório Digital) - Fundação Getulio Vargas (FGV) |
repository.mail.fl_str_mv |
|
_version_ |
1813797652368719872 |