COPYRIGHT 2016 IGI Global Handbook of Research on Impacts of International Business and Political Affairs on the Global Economy Norhayati Zakaria Universiti Utara Malaysia, Malaysia Asmat-Nizam Abdul-Talib Universiti Utara Malaysia, Malaysia Nazariah Osman Universiti Utara Malaysia, Malaysia A volume in the Advances in Finance, Accounting, and Economics (AFAE) Book Series COPYRIGHT 2016 IGI Global Published in the United States of America by Business Science Reference (an imprint of IGI Global) 701 E. Chocolate Avenue Hershey PA, USA 17033 Tel: 717-533-8845 Fax: 717-533-8661 E-mail: [email protected] Web site: http://www.igi-global.com Copyright © 2016 by IGI Global. All rights reserved. No part of this publication may be reproduced, stored or distributed in any form or by any means, electronic or mechanical, including photocopying, without written permission from the publisher. Product or company names used in this set are for identification purposes only. Inclusion of the names of the products or companies does not indicate a claim of ownership by IGI Global of the trademark or registered trademark. Library of Congress Cataloging-in-Publication Data Names: Norhayati Zakaria, 1969- editor. Title: Handbook of research on impacts of international business and political affairs on the global economy / Norhayati Zakaria, Asmat-Nizam Abdul-Talib and Nazariah Osman, editors. Description: Hershey, PA : Business Science Reference, [2016] | Includes bibliographical references and index. Identifiers: LCCN 2015042003| ISBN 9781466698062 (hardcover) | ISBN 9781466698079 (ebook) Subjects: LCSH: International business enterprises. | International trade. | International economic relations. | Business and politics. Classification: LCC HD2755.5 .H371835 2016 | DDC 338.8/8--dc23 LC record available at http://lccn.loc.gov/2015042003 This book is published in the IGI Global book series Advances in Finance, Accounting, and Economics (AFAE) (ISSN: 2327-5677; eISSN: 2327-5685) British Cataloguing in Publication Data A Cataloguing in Publication record for this book is available from the British Library. All work contributed to this book is new, previously-unpublished material. The views expressed in this book are those of the authors, but not necessarily of the publisher. For electronic access to this publication, please contact: [email protected]. 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Chocolate Ave., Hershey, PA 17033 Order online at www.igi-global.com or call 717-533-8845 x100 To place a standing order for titles released in this series, contact: [email protected] Mon-Fri 8:00 am - 5:00 pm (est) or fax 24 hours a day 717-533-8661 COPYRIGHT 2016 IGI Global Editorial Advisory Board AndreaAmelinckx,University of Lethbridge, Canada AndrewKelly,University of Western Sydney, Australia JennyKnowles,University of Texas at Austin, USA HelaMiniaoui,University of Wollongong in Dubai, UAE JawahithaSarabdeen,University of Wollongong in Dubai, UAE List of Reviewers AndreaAmelinckx,University of Lethbridge, Canada MohammadZakiAhmad,Universiti Utara Malaysia, Malaysia NasimaMohamedHoosenCarrim,University of Pretoria, South Africa BryanChristiansen,PryMarke Business Academy, Turkey MohdNazariIsmail,Universiti Malaysia, Malaysia AbdRahimJaguli,Universiti Utara Malaysia, Malaysia Mohd.HaniffJedin,Universiti Utara Malaysia, Malaysia LeenaAjitKaushal,Management Development Institute (MDI) Gurgaon, India AndrewKelly,University of Western Sydney, Australia ShazidaJanMohdKhan,Universiti Utara Malaysia, Malaysia SherkoKirmanj,Universiti Utara Malaysia, Malaysia MaximilianoKorstanje,Palermo University, Argentina DebendraMahalik,Universiti Utara Malaysia, Malaysia HelaMiniaoui,University of Wollongong in Dubai, UAE RamazanNacar,Yalova University, Turkey AramRafaat,Universiti Utara Malaysia, Malaysia NorsafinasMd.Saad,Universiti Utara Malaysia, Malaysia JawahithaSarabdeen,University of Wollongong in Dubai, UAE EfeSevin,Kadir Has University, Turkey FaridahwatiMohdShamsudin,Sultan Qaboos University, Oman DavidSmith,University of Greenwich, UK NorazahSuki,Universiti Malaysia Sabah, Malaysia IsaacTerungwaTerwase,Universiti Utara Malaysia, Malaysia TsuwaJohnTor,Benue State University, Nigeria BenTran,Alliant International University, USA JoséVargas-Hernández,University of Guadalajara, Guadalajara RatnariaWahid,Universiti Utara Malaysia, Malaysia HiroshiYama,Osaka City University, Japan UmmuAtiyahZakuan,Universiti Utara Malaysia, Malaysia COPYRIGHT 2016 IGI Global List of Contributors Ahmad, Mohammad Zaki/Universiti Utara Malaysia (UUM), Malaysia.....................................257 Ahmad, Syed Zamberi/Abu Dhabi University, UAE..........................................................................1 Alkaabi, Saeed /ASCORP Holding Psc, UAE......................................................................................1 Carrim, Nasima Mohamed Hoosen/University of Pretoria, South Africa.....................................133 Christansen, Bryan /PryMarke Business Academy, Turkey............................................................173 Dirikan, Caner /Novartis, Turkey.....................................................................................................173 Dirikan, Tuğba /Sandoz Pharmaceuticals, Turkey...........................................................................173 Hassan, Kalthum /Universiti Utara Malaysia, Malaysia.................................................................242 Ismail, Mohd Nazari/University of Malaya, Malaysia...................................................................207 Ismail, Norafidah /Universiti Utara Malaysia, Malaysia.................................................................312 Jabeen, Fauzia /Abu Dhabi University, UAE........................................................................................1 Jaguli, Abd Rahim/Universiti Utara Malaysia, Malaysia..............................................................111 Jedin, Mohd. Haniff/Universiti Utara Malaysia, Malaysia..............................................................93 Karaca, Hazal Sena/Kadir Has University, Turkey.........................................................................349 Kasarcı, Fatmanur /PryMarke Business Academy, Turkey.............................................................173 Kaushal, Leena Ajit/Management Development Institute (MDI) Gurgaon, India.........................154 Khan, Shazida Jan Mohd/Universiti Utara Malaysia, Malaysia...................................................225 Mahalik, Debendra /Universiti Utara Malaysia (UUM), Malaysia................................................326 Mat, Bakri /Universiti Utara Malaysia, Malaysia............................................................................299 Mukhtaruddin, Mas Juliana/Universiti Utara Malaysia, Malaysia..............................................285 Nacar, Ramazan /Yalova University, Turkey......................................................................................42 Osman, Nazariah /Universiti Utara Malaysia (UUM), Malaysia....................................................326 Panina, Daria /Texas A&M University, USA......................................................................................23 Saad, Norsafinas Md./Universiti Utara Malaysia, Malaysia............................................................93 Senne, Yvonne /Tshwane University of Technology, South Africa....................................................133 Sevin, Efe /Kadir Has University, Turkey.........................................................................................349 Smith, David /University of Greenwich, UK.....................................................................................367 Tran, Ben /Alliant International University, USA...............................................................................62 Uray, Nimet /İstanbul Technical University, Turkey...........................................................................42 Wahid, Ratnaria /Universiti Utara Malaysia, Malaysia..................................................................299 Yama, Hiroshi /Osaka City University, Japan..................................................................................185 Zakuan, Ummu Atiyah Ahmad/Universiti Utara Malaysia, Malaysia.........................................242 COPYRIGHT 2016 IGI Global Table of Contents Preface...............................................................................................................................................xviii Section 1 International Business Chapter 1 TheInternationalizationDecision-MakingofUnitedArabEmiratesFamilyBusinesses......................1 Fauzia Jabeen, Abu Dhabi University, UAE Syed Zamberi Ahmad, Abu Dhabi University, UAE Saeed Alkaabi, ASCORP Holding Psc, UAE Chapter 2 WomeninGlobalProfessionalServicesFirms:TheEndoftheGentlemen’sClub?...........................23 Daria Panina, Texas A&M University, USA Chapter 3 TheChallengeofInternationalMarketSegmentationinEmergingMarkets.......................................42 Ramazan Nacar, Yalova University, Turkey Nimet Uray, İstanbul Technical University, Turkey Chapter 4 Communication(InterculturalandMulticultural)atPlayforCrossCulturalManagementwithin MultinationalCorporations(MNCs)....................................................................................................62 Ben Tran, Alliant International University, USA Chapter 5 ExaminingTacitKnowledgeAcquisitionandOpportunityRecognitioninInternationalBuyer- SupplierCollaborations........................................................................................................................93 Norsafinas Md. Saad, Universiti Utara Malaysia, Malaysia Mohd. Haniff Jedin, Universiti Utara Malaysia, Malaysia Chapter 6 ChannelforVerticalSpillovers:TheEffectofMNCsTrainingActivitiesinStimulatingLocal SuppliersInnovativeCapacity............................................................................................................111 Abd Rahim Jaguli, Universiti Utara Malaysia, Malaysia COPYRIGHT 2016 IGI Global Chapter 7 ChallengesfacedbySouthAfricanHumanResourcePractitionersinMultinational Corporations........................................................................................................................................133 Nasima Mohamed Hoosen Carrim, University of Pretoria, South Africa Yvonne Senne, Tshwane University of Technology, South Africa Chapter 8 MultinationalCorporations:ABoonorBaneforaDevelopingEconomy–AStudyinIndian Context................................................................................................................................................154 Leena Ajit Kaushal, Management Development Institute (MDI) Gurgaon, India Chapter 9 Turkey’sEconomicSustainabilityinGlobalHypercompetition........................................................173 Bryan Christansen, PryMarke Business Academy, Turkey Tuğba Dirikan, Sandoz Pharmaceuticals, Turkey Caner Dirikan, Novartis, Turkey Fatmanur Kasarcı, PryMarke Business Academy, Turkey Chapter 10 APerspectiveofCross-CulturalPsychologicalStudiesforGlobalBusiness.....................................185 Hiroshi Yama, Osaka City University, Japan Chapter 11 GlobalFinancialCrises:TheRoleoftheLending-for-ProfitIndustry...............................................207 Mohd Nazari Ismail, University of Malaya, Malaysia Chapter 12 SoutheastAsiaandFinancialCrisis:Causes,ExperiencesandChallenges.......................................225 Shazida Jan Mohd Khan, Universiti Utara Malaysia, Malaysia Section 2 International Relations Chapter 13 Women’sEconomicEmpowermentintheDevelopingCountries:ReengineeringPatriarchy?.........242 Ummu Atiyah Ahmad Zakuan, Universiti Utara Malaysia, Malaysia Kalthum Hassan, Universiti Utara Malaysia, Malaysia Chapter 14 InternationalFrameworkofEcosystemApproachtoFisheries:WithReferencetoPolicyand LegislativePracticesofMalaysia........................................................................................................257 Mohammad Zaki Ahmad, Universiti Utara Malaysia (UUM), Malaysia Chapter 15 Malaysia–USBilateralRelationsintheAftermathofthe2008GlobalFinancialCrisis...................285 Mas Juliana Mukhtaruddin, Universiti Utara Malaysia, Malaysia COPYRIGHT 2016 IGI Global Chapter 16 OpenAccessPolicies:BetweenRightsandObligations....................................................................299 Ratnaria Wahid, Universiti Utara Malaysia, Malaysia Bakri Mat, Universiti Utara Malaysia, Malaysia Chapter 17 Sino-SaudiJointVenturesandTradeinPetrochemicalSector...........................................................312 Norafidah Ismail, Universiti Utara Malaysia, Malaysia Chapter 18 TheQuestforSecurityinIndia-ASEANRelations:TheOrderofRealignment................................326 Nazariah Osman, Universiti Utara Malaysia (UUM), Malaysia Debendra Mahalik, Universiti Utara Malaysia (UUM), Malaysia Chapter 19 CorporationsasDiplomaticActors:ConceptualizingInternationalCommunicationTools..............349 Efe Sevin, Kadir Has University, Turkey Hazal Sena Karaca, Kadir Has University, Turkey Chapter 20 ThePoliticalContextofMigrationintheUK:ThecaseofRomaGypsies.......................................367 David Smith, University of Greenwich, UK Compilation of References...............................................................................................................381 About the Contributors....................................................................................................................440 Index...................................................................................................................................................447 COPYRIGHT 2016 IGI Global