“Making the foreign familiar: The influence of top management team and board of directors characteristics on the adoption of foreign practices,” Journal of World Business, 51(6): 937-949.
Abstract
This paper examines the firm-level antecedents of Six Sigma adoption in Korea. Our results indicate that firms with top executives and board members having work experience in the foreign country where the focal management practice originated and was popularized are more likely to adopt this practice. Furthermore, firms’ exposure to foreign investors exerts a direct effect and also moderates the impact of foreign work experience on adoption. Prior work experience in the country of practice origin reduces the uncertainty inherent in cross-border adoption by providing executives and board members with greater insight into the presumed benefits of the focal practice.