Lunchtime Seminar - INTERNATIONAL BUSINESS UNDER SANCTIONS

You are cordially invited to attend an IBS lunchtime research seminar by Klaus E. Meyer, Ivey Business School. Please join us in Room 108, HBS on the day.

Sandwiches and refreshments will be provided. Please let me know of any dietary requirements.

Title: INTERNATIONAL BUSINESS UNDER SANCTIONS

Teams- A Teams link to the seminar is included for those who cannot attend in person (as per last year), however, attendance in person is preferred.

Abstract:

Recent years have seen an increasing use of sanctions, which are nonmilitary coercive measures imposed by a country or a group of countries against another country, organization, or individuals. These sanctions can disrupt international business environment on short notice, change the rules of the game, and force firms to alter their business strategies, in extreme cases even to cease entire operations or business relationships. I n this Perspective paper, we introduce the concept of sanctions as a key aspect of the institutional framework for international business, the variety of sanctions seen in recent years. We discuss responses by firms facing sanctions, and explore theoretical explanation from the perspective of three popular perspectives: institution-based view, resource-based view, and resource dependency theory. On this basis, we outline a research agenda for the new reality of intensified sanctions confronting international business.