David A. Griffith and ChangSeob Yeo
David A. Griffith and Goksel Yalcinkaya
The global launch of a new product is a challenging and critical decision for firms in today’s competitive business environment. In this chapter, the authors investigate the topic of global product launch in a dynamically changing institutional economic context. The chapter begins with a conceptualization of the process of global product launch. Next, a review of the scholarly literature pertaining to two streams of discovery is presented. Specifically, the authors begin with an examination of customer-driven research, which has primarily focused on the diffusion of innovations. Then, they examine firm-driven research, which has focused on the managerial decisions regarding global product launch, and briefly discuss the current limitations brought forth in these literature streams. To address these limitations, the institutional economic perspective is offered. The institutional economic perspective views countries as consisting of social, legal, and political elements. However, more noteworthy, the institutional economic perspective views these elements as dynamic, wherein countries move toward convergence and divergence. The authors conclude by providing directions for future research that could advance the study of global product launch under the more holistic and dynamic institutional economic perspective.
John K. Ryans and David A. Griffith
Edited by Subhash C. Jain and David A. Griffith
Edited by Sean Griffith, Jessica Erickson, David H. Webber and Verity Winship
Shareholder litigation—primarily representative litigation on behalf of all stockholders of a corporation—has proliferated globally. Shareholder litigation has long been part of the corporate landscape in the United States, where shareholders can challenge nearly any corporate decision. The scope of shareholder suits, however, has been kept largely in check by a set of substantive and procedural rules. But in recent years these suits have proliferated as shareholders have taken advantage of innovative tactics and new doctrines. Moreover, shareholder litigation has begun to spread to jurisdictions other than the US, where it has taken on new forms. This research handbook provides a modernday survey of the state of shareholder litigation and offers empirical evidence of how these suits have developed. Its chapters provide indepth analyses of the forms of shareholder litigation, including securities class actions, merger litigation, derivative suits, and appraisal litigation. Through its examination of these different types of litigation, the book details some of the advantages and disadvantages of shareholder litigation. It explores such issues as the agency costs inherent in representative litigation, the challenges of multijurisdictional litigation and disclosureonly settlements, and the rise of institutional investors. It also surveys how related issues are addressed across the globe, with examinations of shareholder litigation in the United States, Canada, the United Kingdom, the European Union, Israel, and China.