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International Business 2e

ISBN-13: 9781473722644 / ISBN-10: 1473722640

Klaus Meyer, China Europe International Business School (CEIBS), China.
Mike Peng, University of Texas at Dallas
Published by Cengage Learning, ©2016
Available Now

The second edition of International Business offers a comprehensive and accessible introduction to international business that starts from Europe but ultimately encompasses the globe.

This edition has been fully updated to reflect the rapidly changing world of business, including more coverage of emerging economies and trading blocks.

The text’s comprehensive coverage is arranged around one central question – what determines the success and failure of firms around the globe? Scholarly research is used throughout to help answer this question and to facilitate learning of the key concepts.

1 Globalizing Business
2 Formal Institutions: Political, Economic and Legal Systems
3 Informal Institutions: Culture, Religion and Languages
4 Firms Resources: Competitiveness and Growth

5 Trading Internationally
6 Investing Abroad Directly
7 Exchange Rates

8 European Integration
9 Global Integration and multilateral organizations
10 Socially Responsible Business

11 Starting International Business
12 Foreign Entry Strategies
13 Competitive Dynamics
14 Global Strategies and Acquisitions

15 Operations in the Global MNE
16 People in the MNE
17 Customers and Suppliers of the MNE

Integrative Cases
Klaus Meyer
Dr. Klaus E. Meyer joined China Europe International Business School (CEIBS) in September 2011 as Professor of Strategy and International Business. He is also holding an honorary position of Adjunct Professor at Copenhagen Business School in Denmark. Dr. Meyer teaches in the areas of Strategic Management, International Business, Global Strategy, and Business in Emerging Markets. He previously taught at the University of Bath, University of Reading, Copenhagen Business School, Hong Kong University of Science and Technology, as well as Cheng-chi University in Taipei. He graduated with a Ph.D. from London Business School, with a dissertation on "Determinants of Direct Foreign Investment in the Transition Economies in Central and Eastern Europe”. Dr. Meyer’s current research focuses on strategies of multinational enterprises in emerging economies. He is in particular interested in how firms adapt their business strategies to the specific conditions prevailing in each emerging economy. He has thus investigated foreign investor's choice of entry mode and foreign acquisitions in transition economies. Another stream of research focuses on the global strategies that may bring multinational enterprises into emerging economies in the first place. Recent research investigates multinational enterprises originating from emerging economies such as China, focusing in particular on how the home country context shapes the strategies of international growth. In 2013 Dr. Meyer was elected to serve a three-year term as Fellow of the Academy of International Business (AIB), and was the organisation’s Vice President with responsibility for their 2014 annual conference in Vancouver Canada. Moreover, he serves as Deputy-Editor-in-Chief, Management and Organisation Review, the Journal of the International Association of Chinese Management Research and as Consulting Editor of the Journal of International Business Studies.

Mike Peng
Mike Peng is the Jindal Chair of Global Business Strategy at the Jindal School of Management, University of Texas at Dallas. A National Science Foundation (NSF) CAREER Award winner, Professor Peng is a fellow with the Academy of International Business and listed among Thomson Reuters' The World's Most Influential Scientific Minds. His recent research awards include the Journal of International Business Studies Decade Award (2015) and the Academy of Management Perspectives Best Impact Award (2014). He holds a bachelor's degree from Winona State University, Minnesota, and a Ph.D. from the University of Washington, Seattle. Prior to joining UT Dallas, Professor Peng was on the faculty at The Ohio State University, Chinese University of Hong Kong, and University of Hawaii. In addition, he has held visiting or courtesy appointments in Australia, Britain, Canada, China, Denmark, Hong Kong, and Vietnam. This award-winning professor is widely regarded as one of the most prolific and influential scholars in global business, and he has garnered many research grants for his work. The United Nations and the World Bank have cited his work in major publications. Truly global in scope, his research focuses on firms' strategies in diverse regions such as Asia, Central and Eastern Europe, and North America. He has published over 120 articles in leading academic journals and authored five books. Professor Peng has served on the editorial boards of the Academy of Management Journal, Academy of Management Review, Journal of International Business, and Strategic Management Journal. He was the editor-in-chief of the Asia Pacific Journal of Management and is currently a senior editor of the Journal of World Business. Professor Peng is also an active trainer and consultant, and his consulting clients include AstraZeneca, Mass Transit Railway Hong Kong, SAFRAN, Springer, UK Government Office for Science, US Navy, and Texas Instruments.