Labor Market Institutions and Global Strategic Adaptation: Evidence from Lincoln Electric

References

• Abowd J. A., Lemieux T. The effects of product market competition on collective bargaining agreements: The case of foreign competition in Canada. Quart. J. Econom. (1993) 108:983–1014Crossref, Google Scholar
• Baldamus W. The relationship between wage and effort. J. Indust. Econom. (1957) 5:192–201Crossref, Google Scholar
• Bognanno M. F., Keene M. P., Yang D. The influence of wages and industrial relations environments on the production location decisions of U.S. multinational corporations. Indust. Labor Relations Rev. (2005) 58:171–200Crossref, Google Scholar
• Botero J., Djankov S., La Porta R., Lopez-de-Silanes F., Shleifer A. The regulation of labor. Quart. J. Econom. (2004) 119:1339–1382Crossref, Google Scholar
• Brown M., Philips P. The decline of the piece-rate system in California canning: Technological innovation, labor management, and union pressure, 1890–1947. Bus. History Rev. (1986) 60:564–601Crossref, Google Scholar
• Chilton K. W.The Double-Edged Sword of Administrative Heritage: The Case of Lincoln Electric (1993a) (Center for the Study of American Business, Washington University, St. Louis) Google Scholar
• Chilton K. W. Lincoln Electric's incentive system: Can it be transferred overseas? Compensation Benefits Rev. (1993b) 25:21–30Crossref, Google Scholar
• Cushman D. O. The effect of real wages and labor productivity on foreign direct investment. Southern Econom. J. (1987) 54:174–185Crossref, Google Scholar
• Dawson V. P.Lincoln Electric: A History (1999) (Lincoln Electric Company, Cleveland) Google Scholar
• Desai M. A., Dyck A., Zingales L. Theft and taxes. J. Financial Econom. (2007) 84(3):591–623Crossref, Google Scholar
• Dow D. Adaptation and performance in foreign markets: Evidence of systematic under-adaptation. J. Internat. Bus. Stud. (2006) 37:212–226Crossref, Google Scholar
• Economist, The Building BRICs of growth: Record spending on infrastructure will help to sustain rapid growth in emerging economies. (2008) 387(8583):88(June 7)Google Scholar
• Ghemawat P.Redefining Global Strategy: Crossing Borders in a World Where Differences Still Matter (2007) (Harvard Business School Press, Boston) Google Scholar
• Ghoshal S., Westney D. E.Organization Theory and the Multinational Corporation (1992) (Macmillan, London) Google Scholar
• Gleditsch K. S., Ward M. D. Measuring space: A minimum distance database. J. Peace Res. (2001) 38:749–768Crossref, Google Scholar
• Grifhorst F. Interview by Jordan Siegel. (2006) September 7Google Scholar
• Gwartney J., Lawson R. Economic freedom of the world: 2006 annual report. (2006) (The Fraser Institute, Vancouver) . Accessed May 7, 2007, http://www.freetheworld.comGoogle Scholar
• Hansen C. B. Asymptotic properties of a robust variance matrix or panel data when T is large. J. Econometrics (2007) 141:597–620Crossref, Google Scholar
• Hastings D. F. Lincoln Electric's harsh lessons from international expansion. Harvard Bus. Rev. (1999) 77:163–178Google Scholar
• Hay Group Variable pay practices research. Presentation WorldatWork 49th Annual Conf. (2004) WorldatWork, Scottsdale, AZGoogle Scholar
• Henisz W. J. The institutional environment for infrastructure investment. Indust. Corporate Change (2002) 11:355–389Crossref, Google Scholar
• Ichniowski C., Shaw K. L. The effects of human resource systems on productivity: An international comparison of U.S. and Japanese plants. Management Sci. (1999) 45:704–722Link, Google Scholar
• Ichniowski C., Shaw K. L. Beyond incentive pay: Insiders' estimates of the value of complementary human resource management practices. J. Econom. Perspectives (2003) 17:155–180Crossref, Google Scholar
• Ichniowski C., Shaw K. L., Prennushi G. The effects of human resource management practices on productivity. Amer. Econom. Rev. (1997) 86:291–313Google Scholar
• Jacoby S. M. Union-management cooperation in the United States: Lessons from the 1920s. Indust. Labor Relations Rev. (1983) 37:18–33Crossref, Google Scholar
• Kaufmann D., Kraay A., Mastruzzi M. Governance matters III: Governance indicators for 1996–2002. (2003) . Policy Research Working Paper, World Bank, Washington, DCCrossref, Google Scholar
• Kennedy V. D.Union Policy and Incentive Wage Methods (1945) (Columbia University Press, New York) Crossref, Google Scholar
• Kostova T. Transnational transfer of strategic organizational practices: A contextual perspective. Acad. Management Rev. (1999) 24:308–324Crossref, Google Scholar
• Lazear E. P. Performance pay and productivity. Amer. Econom. Rev. (2000) 90:1346–1361Crossref, Google Scholar
• LeBlanc D. Interview by Jordan Siegel. (2006) August 17)Google Scholar
• Leibenstein H.Inside the Firm: The Inefficiencies of Hierarchy (1987) (Harvard University Press, Cambridge, MA) Crossref, Google Scholar
• Levinsohn J., Petrin A. Estimating production functions using inputs to control for unobservables. Rev. Econom. Stud. (2003) 70:317–342Crossref, Google Scholar
• Lewis M. The heat is on. InsideBusiness. (2007) 9(10):38–41(October 1)Google Scholar
• Maciariello J. A.Lasting Value: Lessons from a Century of Agility at Lincoln Electric (2000) (John Wiley & Sons, New York) Google Scholar
• Masten S. E. Transaction costs, mistakes, and performance: Assessing the importance of governance. Managerial Decision Econom. (1993) 14:119–129Crossref, Google Scholar
• Masten S. E., Meehan J. W., Snyder E. A. Vertical integration in the U.S. auto industry: A note on the influence of transaction specific assets. J. Econom. Behav. Organ. (1989) 12:265–273Crossref, Google Scholar
• Masten S. E., Meehan J. W., Snyder E. A. The costs of organization. J. Law, Econom., Organ. (1991) 7:1–25Crossref, Google Scholar
• Mercer Human Resource Consulting2006/2007 US Compensation Planning Survey: A Study of Pay Increases, Incentive Compensation, and Emerging Practices (2006) (Mercer, Louisville, KY) Google Scholar
• Milgrom P. R., Roberts J. Complementarities and fit: Strategy, structure, and organizational change in manufacturing. J. Accounting Econom. (1995) 19:179–208Crossref, Google Scholar
• Morgan G., Kristensen P. H., Whitley R.The Multinational Firm: Organizing Across Institutional and National Divides (2001) (Oxford University Press, Oxford, UK) Google Scholar
• Rosenzweig P. M., Nohria N. Influences on human resource management practices in multinational corporations. J. Internat. Bus. Stud. (1994) 25:229–251Crossref, Google Scholar
• Rosenzweig P. M., Singh J. V. Organizational environments and the multinational enterprise. Acad. Management Rev. (1991) 16:340–361Crossref, Google Scholar
• Roy D. Quota restriction and goldbricking in a machine shop. Amer. J. Soc (1952) 57:427–442Crossref, Google Scholar
• Seiler E. Piece rate vs. time rate: The effect of incentives on earnings. Rev. Econom. Statist. (1984) 66:363–376Crossref, Google Scholar
• Siegel J. I. Lincoln Electric. (2007) . HBS Case 707445, Harvard Business School, BostonGoogle Scholar
• Siegel J. I., Licht A. N., Schwartz S. H. Egalitarianism and international investment. (2008) . Working paper, Harvard Business School, BostonGoogle Scholar
• Stock J. H., Watson M. W. Heteroskedasticity-robust standard errors for fixed effects panel data regression. Econometrica (2008) 76:155–174Crossref, Google Scholar
• Szulanski G., Jensen R. J. Presumptive adaptation and the effectiveness of knowledge transfer. Strategic Management J. (2006) 27:937–957Crossref, Google Scholar
• Vézina M., Vinet A., Brisson C. Le vieillissement prématuré associé a la rémunération au rendement dans l'industrie du vêtement”. Le Travail Humain (1989) 52:203–212Google Scholar
• Watson Wyatt Data ServicesSurvey Report on Technician & Skilled Trades Personnel Compensation 2006/2007, Volume 1 (2006) (Watson Wyatt Data Services, Rochelle Park, NJ) Google Scholar
• Williamson O. E.Markets and Hierarchies: A Study in the Economics of Internal Organization (1975) (Collier Macmillan, London) Google Scholar
• Williamson O. E.The Economic Institutions of Capitalism: Firms, Markets, Relational Contracting (1985) (Free Press, New York) Google Scholar
• Wooldridge J. M. On estimating firm-level production functions using proxy variables to control for unobservables. (2005) . Working paper, Michigan State University, East LansingGoogle Scholar
• Zaheer S. Overcoming the liability of foreignness. Acad. Management J. (1995) 38:341–363Crossref, Google Scholar