The boundaries of the law: can US private enforcement discipline foreign firms?

Existing studies tend to focus on how a legal system reinforces the efficiency of its domestic firms or foreign companies that are subject to its domestic jurisdiction (e.g., via cross-listing). Our study provides critical normative implications in the era of financial globalization by showing that...

Celý popis

Uložené v:

Podrobná bibliografia
Vydané v:	Journal of international business studies Ročník 56; číslo 1; s. 62 - 83
Hlavní autori:	Massa, Massimo, Wang, Xiaoqiao, Zhang, Bohui, Zhang, Hong
Médium:	Journal Article
Jazyk:	English
Vydavateľské údaje:	London Palgrave Macmillan UK 01.02.2025 Palgrave Macmillan
Predmet:	Academic disciplines Action Action control Analysis Artificial intelligence Borders Boundaries Business Business and Management Business Strategy/Leadership Class action lawsuits Companies Coordination Courts Efficiency Enforcement Financial institutions Foreign companies Global economy Globalization Governance Industrial enterprises Information dissemination Information sharing International Business International finance Jurisdiction Legal institutions Legal system Litigation Management Market shares Markets Organization Peers Personnel policies Researcher subject relations Securities markets Spillover effect Statistical methods Stockholders Valuation Value United States > US Corporate financial policy Governance Lawsuits Valuation Class action
ISSN:	0047-2506, 1478-6990
On-line prístup:	Získať plný text
Tagy:	Pridať tag Žiadne tagy, Buďte prvý, kto otaguje tento záznam!

Abstract	Existing studies tend to focus on how a legal system reinforces the efficiency of its domestic firms or foreign companies that are subject to its domestic jurisdiction (e.g., via cross-listing). Our study provides critical normative implications in the era of financial globalization by showing that the influence of a country’s legal institutions extend beyond its territorial boundaries. We examine whether US shareholder-initiated class action lawsuits can discipline non-US firms. Using an international sample of firms over the period 1994–2019, we find that a US class action lawsuit against a non-US firm cross-listed in the US negatively affects the value of its non-US-listed industry peers. The effect is robust in both event-based analyses for short-term market reaction and stacked difference-in-difference analyses for long-term valuation. We uncover two economic mechanisms underlying this effect: information sharing and policy coordination between the US and the non-US firm’s home country. Specifically, the cross-border disciplining effect is more pronounced for firms from countries that lack information and that coordinate with the US at the policy level. Moreover, non-US peer firms subsequently improve their governance practices and financial policies to restore shareholder value. Our findings suggest that private enforcement in the US has a worldwide influence.
AbstractList	Existing studies tend to focus on how a legal system reinforces the efficiency of its domestic firms or foreign companies that are subject to its domestic jurisdiction (e.g., via cross-listing). Our study provides critical normative implications in the era of financial globalization by showing that the influence of a country’s legal institutions extend beyond its territorial boundaries. We examine whether US shareholder-initiated class action lawsuits can discipline non-US firms. Using an international sample of firms over the period 1994–2019, we find that a US class action lawsuit against a non-US firm cross-listed in the US negatively affects the value of its non-US-listed industry peers. The effect is robust in both event-based analyses for short-term market reaction and stacked difference-in-difference analyses for long-term valuation. We uncover two economic mechanisms underlying this effect: information sharing and policy coordination between the US and the non-US firm’s home country. Specifically, the cross-border disciplining effect is more pronounced for firms from countries that lack information and that coordinate with the US at the policy level. Moreover, non-US peer firms subsequently improve their governance practices and financial policies to restore shareholder value. Our findings suggest that private enforcement in the US has a worldwide influence.
Author	Zhang, Hong Zhang, Bohui Wang, Xiaoqiao Massa, Massimo
Author_xml	– sequence: 1 givenname: Massimo surname: Massa fullname: Massa, Massimo organization: INSEAD – sequence: 2 givenname: Xiaoqiao surname: Wang fullname: Wang, Xiaoqiao organization: School of Management and Economics and Shenzhen Finance Institute, The Chinese University of Hong Kong, Shenzhen (CUHK-Shenzhen) – sequence: 3 givenname: Bohui surname: Zhang fullname: Zhang, Bohui email: bohuizhang@cuhk.edu.cn organization: School of Management and Economics and Shenzhen Finance Institute, The Chinese University of Hong Kong, Shenzhen (CUHK-Shenzhen) – sequence: 4 givenname: Hong surname: Zhang fullname: Zhang, Hong organization: Lee Kong Chian School of Business, Singapore Management University
BookMark	eNp9kM1LAzEQxYNUsK3-A54CnqOTz229iBS_oNCD7Tlsdid1S5utyVbpf290BW_OZeDx3hvmNyKD0AYk5JLDNQdd3CTFhSkYCMUACmXY8YQMuSomzEynMCBDAFUwocGckVFKG8gjtRiSxfINqWsPoS5jg4m2nnZZ2Zaft7QqA1290n1sPsoOKQbfxgp3GDpaN6lq9tsmIM0iNutAfRN36e6cnPpym_Did4_J6vFhOXtm88XTy-x-zioJsmOojfbOaYeqhoJXpQRReu5rFLyWWuppzeVEOxDeaOCFmHAjHRjB0XENTo7JVd-7j-37AVNnN-0hhnzSSm6UFkpOILtE76pim1JEb_MzuzIeLQf7Dc724GwGZ3_A2WMOyT6UsjmsMf5V_5P6AscJcg8
Cites_doi	10.1017/S0022109015000010 10.1016/j.jfineco.2022.01.004 10.1093/rfs/hhr011 10.1111/j.1540-6261.2006.00828.x 10.2307/2491047 10.1111/j.1540-6261.2005.00775.x 10.1016/S0165-4101(02)00047-2 10.1093/rfs/hhy053 10.1016/j.jacceco.2020.101301 10.1007/s11142-020-09553-w 10.1016/j.jfineco.2004.11.003 10.1111/1475-679X.12098 10.1016/S0304-405X(00)00071-4 10.1111/jofi.12187 10.1093/jleo/ewm015 10.1086/505371 10.1016/j.jfineco.2013.02.012 10.1057/s41267-017-0074-z 10.1111/j.1540-6261.2008.01379.x 10.1016/S0304-405X(03)00183-1 10.1002/gsj.1510 10.1111/j.1540-6261.2012.01749.x 10.1016/j.jfineco.2007.07.003 10.1016/j.jwb.2024.101542 10.1111/j.1540-6261.1997.tb04820.x 10.1016/j.jcorpfin.2017.05.011 10.1016/j.jwb.2023.101426 10.1016/j.jfineco.2006.09.002 10.1016/S0304-405X(02)00151-4 10.1093/rfs/hhn107.ra 10.1111/j.1540-6261.2010.01614.x 10.1016/j.jfineco.2021.05.040 10.1016/j.jfineco.2007.02.007 10.1016/j.jfineco.2020.04.016 10.1057/s41267-016-0029-9 10.1016/S0304-405X(03)00121-1 10.1016/j.ibusrev.2022.101978 10.1007/s11142-012-9181-z 10.1017/S0022109000002222 10.1057/s41267-016-0063-7 10.1057/s41267-022-00524-8 10.1016/j.jfineco.2010.10.018 10.1111/j.1540-6261.2010.01577.x 10.1017/S0022109009990202 10.2139/ssrn.2376686 10.1057/s41267-022-00534-6 10.1086/250042 10.1111/j.1475-679X.2004.00136.x 10.1016/j.jfineco.2008.02.010 10.1057/imfsp.2008.34 10.1111/j.1745-6622.1999.tb00027.x
ContentType	Journal Article
Copyright	Academy of International Business 2024 Springer Nature or its licensor (e.g. a society or other partner) holds exclusive rights to this article under a publishing agreement with the author(s) or other rightsholder(s); author self-archiving of the accepted manuscript version of this article is solely governed by the terms of such publishing agreement and applicable law. Copyright Palgrave Macmillan Feb 2025
Copyright_xml	– notice: Academy of International Business 2024 Springer Nature or its licensor (e.g. a society or other partner) holds exclusive rights to this article under a publishing agreement with the author(s) or other rightsholder(s); author self-archiving of the accepted manuscript version of this article is solely governed by the terms of such publishing agreement and applicable law. – notice: Copyright Palgrave Macmillan Feb 2025
DBID	AAYXX CITATION 8BJ FQK JBE
DOI	10.1057/s41267-024-00746-y
DatabaseName	CrossRef International Bibliography of the Social Sciences (IBSS) International Bibliography of the Social Sciences International Bibliography of the Social Sciences
DatabaseTitle	CrossRef International Bibliography of the Social Sciences (IBSS)
DatabaseTitleList	International Bibliography of the Social Sciences (IBSS)
DeliveryMethod	fulltext_linktorsrc
Discipline	Business
EISSN	1478-6990
EndPage	83
ExternalDocumentID	10_1057_s41267_024_00746_y
GeographicLocations	United States--US
GeographicLocations_xml	– name: United States--US
GroupedDBID	-5G -BR -~X 0R~ 1OL 29K 2FS 3R3 3V. 4.4 406 41~ 4R4 5GY 7WY 85S 8FL 8FQ 8G5 8R4 8R5 8VB AAAZS AABCJ AACDK AAFIF AAIAL AAIKC AAMNW AANZL AARHV AASML AATNV AAXLS AAYOK ABAKF ABBHK ABCQX ABDPE ABDZT ABJNI ABKVW ABLWH ABPPZ ABUWG ABXSQ ABYYQ ACAOD ACGFO ACGFS ACHQT ACLPH ACMJI ACNCM ACNCT ACPIV ACREN ACXJH ACYGS ACZOJ ADEPB ADFRT ADGDI ADINQ ADLEJ ADMHC ADNFJ ADRFC ADULT ADXJC AECXW AEFQL AEJRE AEMSY AESKC AEUPB AEVLU AEXYK AFAIT AFBBN AFFNX AFKRA AFTQD AGAYW AGQEE AGRTI AHAJD AHBYD AHSBF AIGIU AILAN AJPNJ AJRNO AKVCP ALMA_UNASSIGNED_HOLDINGS AMKLP AMTXH AMYLF APTMU AQSKT ASPBG AVWKF AXJJW AXYYD AZQEC BENPR BEZIV BKKNO BPHCQ CAG CBXGM CCKSF CCPQU COF CS3 CSNOR CYVLN D-I DNIVK DPUIP DU5 DWQXO E.L EBE EBLON EBR EBS EBU EIOEI EJD EWM FEFRA FERAY FIGPU FPDNL FRNLG FSGXE GENNL GNUQQ GROUPED_ABI_INFORM_ARCHIVE GROUPED_ABI_INFORM_COMPLETE GROUPED_ABI_INFORM_RESEARCH GUPYA GUQSH HGD HVGLF H~9 IPSME IWAJR J-C JAAYA JAV JBC JBMMH JBZCM JENOY JHFFW JKQEH JLEZI JLXEF JPL JPPEU JSODD JST JZLTJ K1G K60 K6~ L7B LGEZI LOTEE LPU LXZ M0C M2O M3D N8N NADUK NEJ NHB NXXTH P2P PEA PKN PLIJB PQBIZ PQBZA PQQKQ PROAC PVNMB PZZ Q2X QN7 QWB RNS ROL RPC RSV SA0 SJYHP SNX SOHCF SOJ SRMVM SSHVO TAE TN5 TSG U5U UKR UPT VQA WH7 WHG XZL YQT YYP ZL0 AAYXX ABAWQ ABBRH ABDBE ABFSG ABJZF ABRTQ ACHJO ACSTC AEZWR AFDZB AFFHD AFHIU AGKTX AHWEU AIXLP ASMEE ATHPR AYFIA CITATION PHGZM PHGZT WCM 8BJ FQK JBE
ID	FETCH-LOGICAL-c303t-e565fbb5be4d071ca302af1fde21d35359d1385b02f6501728163b0621eb150b3
IEDL.DBID	RSV
ISICitedReferencesCount	0
ISICitedReferencesURI	http://www.webofscience.com/api/gateway?GWVersion=2&SrcApp=Summon&SrcAuth=ProQuest&DestLinkType=CitingArticles&DestApp=WOS_CPL&KeyUT=001341138900001&url=https%3A%2F%2Fcvtisr.summon.serialssolutions.com%2F%23%21%2Fsearch%3Fho%3Df%26include.ft.matches%3Dt%26l%3Dnull%26q%3D
ISSN	0047-2506
IngestDate	Sat Nov 08 06:56:44 EST 2025 Sat Nov 29 04:46:19 EST 2025 Fri Feb 21 02:37:45 EST 2025
IsPeerReviewed	true
IsScholarly	true
Issue	1
Keywords	Corporate financial policy Governance Lawsuits Valuation Class action
Language	English
LinkModel	DirectLink
MergedId	FETCHMERGED-LOGICAL-c303t-e565fbb5be4d071ca302af1fde21d35359d1385b02f6501728163b0621eb150b3
Notes	ObjectType-Article-1 SourceType-Scholarly Journals-1 ObjectType-Feature-2 content type line 14
PQID	3164524380
PQPubID	35735
PageCount	22
ParticipantIDs	proquest_journals_3164524380 crossref_primary_10_1057_s41267_024_00746_y springer_journals_10_1057_s41267_024_00746_y
PublicationCentury	2000
PublicationDate	2025-02-01
PublicationDateYYYYMMDD	2025-02-01
PublicationDate_xml	– month: 02 year: 2025 text: 2025-02-01 day: 01
PublicationDecade	2020
PublicationPlace	London
PublicationPlace_xml	– name: London – name: Basingstoke
PublicationTitle	Journal of international business studies
PublicationTitleAbbrev	J Int Bus Stud
PublicationYear	2025
Publisher	Palgrave Macmillan UK Palgrave Macmillan
Publisher_xml	– name: Palgrave Macmillan UK – name: Palgrave Macmillan
References	A Gande (746_CR31) 2009; 44 X Huang (746_CR36) 2017; 45 R Aggarwal (746_CR2) 2011; 100 D Acemoglu (746_CR1) 2017; 15 J Doh (746_CR19) 2017; 48 MF Johnson (746_CR39) 2007; 23 A Shleifer (746_CR48) 1997; 52 C Doidge (746_CR22) 2009; 91 R Stulz (746_CR53) 1999; 12 LA Bebchuk (746_CR9) 1993; 48 R La Porta (746_CR41) 2006; 61 KE Meyer (746_CR45) 2023; 58 746_CR100 MM Spiegel (746_CR52) 2009; 56 AC Baker (746_CR7) 2022; 144 W Reese (746_CR47) 2002; 66 C Doidge (746_CR21) 2007; 86 SP Ferris (746_CR30) 2007; 42 T Hu (746_CR35) 2024; 59 M Arena (746_CR5) 2015; 50 C Doidge (746_CR23) 2010; 65 G Areneke (746_CR6) 2022; 31 JJ Jones (746_CR40) 1991; 29 L Jin (746_CR38) 2007; 79 A Dyck (746_CR24) 2010; 65 R Stulz (746_CR54) 2005; 60 R Aggarwal (746_CR3) 2010; 23 VW Fang (746_CR28) 2014; 69 C Doidge (746_CR20) 2004; 71 L Cohen (746_CR13) 2008; 63 I Haw (746_CR33) 2012; 17 R Silvers (746_CR49) 2016; 54 N Diniz-Maganini (746_CR17) 2023; 54 A Jain (746_CR37) 2013; 109 JPH Fan (746_CR27) 2002; 33 L Dai (746_CR15) 2021; 26 M Lang (746_CR43) 2020; 138 R Silvers (746_CR50) 2020; 69 R La Porta (746_CR42) 1998; 106 R Silvers (746_CR51) 2021; 142 S Djankov (746_CR18) 2008; 88 JA Ellis (746_CR26) 2017; 48 C Leuz (746_CR44) 2003; 69 SM Bartram (746_CR8) 2012; 67 R Morck (746_CR46) 2000; 58 TA Gormley (746_CR32) 2011; 24 M Ferreira (746_CR29) 2008; 88 746_CR10 746_CR11 746_CR55 D Cumming (746_CR14) 2017; 48 S El Ghoul (746_CR25) 2023; 54 E Helland (746_CR34) 2006; 49 PM Dechow (746_CR16) 1995; 70 R Albuquerque (746_CR4) 2019; 32 J Coffee (746_CR12) 1999; 93
References_xml	– volume: 50 start-page: 251 year: 2015 ident: 746_CR5 publication-title: Journal of Financial and Quantitative Analysis doi: 10.1017/S0022109015000010 – volume: 144 start-page: 370 year: 2022 ident: 746_CR7 publication-title: Journal of Financial Economics doi: 10.1016/j.jfineco.2022.01.004 – volume: 24 start-page: 2781 year: 2011 ident: 746_CR32 publication-title: Review of Financial Studies doi: 10.1093/rfs/hhr011 – volume: 93 start-page: 641 year: 1999 ident: 746_CR12 publication-title: Northwestern University Law Review – volume: 61 start-page: 1 year: 2006 ident: 746_CR41 publication-title: Journal of Finance doi: 10.1111/j.1540-6261.2006.00828.x – volume: 29 start-page: 193 year: 1991 ident: 746_CR40 publication-title: Journal of Accounting Research doi: 10.2307/2491047 – volume: 60 start-page: 1595 year: 2005 ident: 746_CR54 publication-title: Journal of Finance doi: 10.1111/j.1540-6261.2005.00775.x – volume: 33 start-page: 401 year: 2002 ident: 746_CR27 publication-title: Journal of Accounting and Economics doi: 10.1016/S0165-4101(02)00047-2 – volume: 32 start-page: 738 issue: 2 year: 2019 ident: 746_CR4 publication-title: Review of Financial Studies doi: 10.1093/rfs/hhy053 – volume: 69 start-page: 101301 year: 2020 ident: 746_CR50 publication-title: Journal of Accounting and Economics doi: 10.1016/j.jacceco.2020.101301 – volume: 70 start-page: 193 year: 1995 ident: 746_CR16 publication-title: The Accounting Review – volume: 26 start-page: 343 year: 2021 ident: 746_CR15 publication-title: Review of Accounting Studies doi: 10.1007/s11142-020-09553-w – volume: 79 start-page: 257 year: 2007 ident: 746_CR38 publication-title: Journal of Financial Economics doi: 10.1016/j.jfineco.2004.11.003 – volume: 54 start-page: 187 year: 2016 ident: 746_CR49 publication-title: Journal of Accounting Research doi: 10.1111/1475-679X.12098 – volume: 15 start-page: 245 issue: 2 year: 2017 ident: 746_CR1 publication-title: Journal of the European Economic Association – volume: 58 start-page: 215 year: 2000 ident: 746_CR46 publication-title: Journal of Financial Economics doi: 10.1016/S0304-405X(00)00071-4 – volume: 69 start-page: 2085 year: 2014 ident: 746_CR28 publication-title: Journal of Finance doi: 10.1111/jofi.12187 – volume: 23 start-page: 627 issue: 3 year: 2007 ident: 746_CR39 publication-title: The Journal of Law, Economics, and Organization doi: 10.1093/jleo/ewm015 – volume: 49 start-page: 365 year: 2006 ident: 746_CR34 publication-title: Journal of Law and Economics doi: 10.1086/505371 – volume: 109 start-page: 177 year: 2013 ident: 746_CR37 publication-title: Journal of Financial Economics doi: 10.1016/j.jfineco.2013.02.012 – volume: 48 start-page: 293 year: 2017 ident: 746_CR19 publication-title: Journal of International Business Studies doi: 10.1057/s41267-017-0074-z – volume: 63 start-page: 1977 year: 2008 ident: 746_CR13 publication-title: Journal of Finance doi: 10.1111/j.1540-6261.2008.01379.x – volume: 71 start-page: 205 year: 2004 ident: 746_CR20 publication-title: Journal of Financial Economics doi: 10.1016/S0304-405X(03)00183-1 – ident: 746_CR55 doi: 10.1002/gsj.1510 – volume: 67 start-page: 1329 year: 2012 ident: 746_CR8 publication-title: Journal of Finance doi: 10.1111/j.1540-6261.2012.01749.x – volume: 88 start-page: 499 year: 2008 ident: 746_CR29 publication-title: Journal of Financial Economics doi: 10.1016/j.jfineco.2007.07.003 – volume: 59 start-page: 101542 issue: 4 year: 2024 ident: 746_CR35 publication-title: Journal of World Business doi: 10.1016/j.jwb.2024.101542 – volume: 52 start-page: 737 year: 1997 ident: 746_CR48 publication-title: Journal of Finance doi: 10.1111/j.1540-6261.1997.tb04820.x – volume: 45 start-page: 378 year: 2017 ident: 746_CR36 publication-title: Journal of Corporate Finance doi: 10.1016/j.jcorpfin.2017.05.011 – volume: 58 start-page: 101426 issue: 2 year: 2023 ident: 746_CR45 publication-title: Journal of World Business doi: 10.1016/j.jwb.2023.101426 – volume: 86 start-page: 1 year: 2007 ident: 746_CR21 publication-title: Journal of Financial Economics doi: 10.1016/j.jfineco.2006.09.002 – volume: 66 start-page: 65 year: 2002 ident: 746_CR47 publication-title: Journal of Financial Economics doi: 10.1016/S0304-405X(02)00151-4 – volume: 23 start-page: 3131 issue: 3 year: 2010 ident: 746_CR3 publication-title: Review of Financial Studies doi: 10.1093/rfs/hhn107.ra – volume: 65 start-page: 2213 year: 2010 ident: 746_CR24 publication-title: Journal of Finance doi: 10.1111/j.1540-6261.2010.01614.x – volume: 142 start-page: 1275 year: 2021 ident: 746_CR51 publication-title: Journal of Financial Economics doi: 10.1016/j.jfineco.2021.05.040 – volume: 88 start-page: 430 year: 2008 ident: 746_CR18 publication-title: Journal of Financial Economics doi: 10.1016/j.jfineco.2007.02.007 – volume: 138 start-page: 138 year: 2020 ident: 746_CR43 publication-title: Journal of Financial Economics doi: 10.1016/j.jfineco.2020.04.016 – volume: 48 start-page: 148 year: 2017 ident: 746_CR26 publication-title: Journal of International Business Studies doi: 10.1057/s41267-016-0029-9 – volume: 69 start-page: 505 year: 2003 ident: 746_CR44 publication-title: Journal of Financial Economics doi: 10.1016/S0304-405X(03)00121-1 – volume: 31 start-page: 101978 issue: 5 year: 2022 ident: 746_CR6 publication-title: International Business Review doi: 10.1016/j.ibusrev.2022.101978 – volume: 17 start-page: 389 year: 2012 ident: 746_CR33 publication-title: Review of Accounting Studies doi: 10.1007/s11142-012-9181-z – volume: 42 start-page: 143 year: 2007 ident: 746_CR30 publication-title: Journal of Financial and Quantitative Analysis doi: 10.1017/S0022109000002222 – volume: 48 start-page: 123 year: 2017 ident: 746_CR14 publication-title: Journal of International Business Studies doi: 10.1057/s41267-016-0063-7 – volume: 54 start-page: 233 year: 2023 ident: 746_CR17 publication-title: Journal of International Business Studies doi: 10.1057/s41267-022-00524-8 – volume: 100 start-page: 154 year: 2011 ident: 746_CR2 publication-title: Journal of Financial Economics doi: 10.1016/j.jfineco.2010.10.018 – volume: 48 start-page: 719 year: 1993 ident: 746_CR9 publication-title: Journal of Finance – volume: 65 start-page: 1507 year: 2010 ident: 746_CR23 publication-title: Journal of Finance doi: 10.1111/j.1540-6261.2010.01577.x – volume: 44 start-page: 823 year: 2009 ident: 746_CR31 publication-title: Journal of Financial and Quantitative Analysis doi: 10.1017/S0022109009990202 – ident: 746_CR10 doi: 10.2139/ssrn.2376686 – volume: 54 start-page: 344 year: 2023 ident: 746_CR25 publication-title: Journal of International Business Studies. doi: 10.1057/s41267-022-00534-6 – volume: 106 start-page: 1113 year: 1998 ident: 746_CR42 publication-title: Journal of Political Economy doi: 10.1086/250042 – ident: 746_CR100 doi: 10.1111/j.1475-679X.2004.00136.x – volume: 91 start-page: 253 year: 2009 ident: 746_CR22 publication-title: Journal of Financial Economics doi: 10.1016/j.jfineco.2008.02.010 – ident: 746_CR11 – volume: 56 start-page: 198 year: 2009 ident: 746_CR52 publication-title: IMF Staff Papers doi: 10.1057/imfsp.2008.34 – volume: 12 start-page: 8 year: 1999 ident: 746_CR53 publication-title: Journal of Applied Corporate Finance doi: 10.1111/j.1745-6622.1999.tb00027.x
SSID	ssj0000352
Score	2.4603865
Snippet	Existing studies tend to focus on how a legal system reinforces the efficiency of its domestic firms or foreign companies that are subject to its domestic...
SourceID	proquest crossref springer
SourceType	Aggregation Database Index Database Publisher
StartPage	62
SubjectTerms	Academic disciplines Action Action control Analysis Artificial intelligence Borders Boundaries Business Business and Management Business Strategy/Leadership Class action lawsuits Companies Coordination Courts Efficiency Enforcement Financial institutions Foreign companies Global economy Globalization Governance Industrial enterprises Information dissemination Information sharing International Business International finance Jurisdiction Legal institutions Legal system Litigation Management Market shares Markets Organization Peers Personnel policies Researcher subject relations Securities markets Spillover effect Statistical methods Stockholders Valuation Value
Title	The boundaries of the law: can US private enforcement discipline foreign firms?
URI	https://link.springer.com/article/10.1057/s41267-024-00746-y https://www.proquest.com/docview/3164524380
Volume	56
WOSCitedRecordID	wos001341138900001&url=https%3A%2F%2Fcvtisr.summon.serialssolutions.com%2F%23%21%2Fsearch%3Fho%3Df%26include.ft.matches%3Dt%26l%3Dnull%26q%3D
hasFullText	1
inHoldings	1
isFullTextHit
isPrint
journalDatabaseRights	– providerCode: PRVAVX databaseName: Springer Journals New Starts & Take-Overs Collection customDbUrl: eissn: 1478-6990 dateEnd: 99991231 omitProxy: false ssIdentifier: ssj0000352 issn: 0047-2506 databaseCode: RSV dateStart: 19970101 isFulltext: true titleUrlDefault: https://link.springer.com/search?facet-content-type=%22Journal%22 providerName: Springer Nature
link	http://cvtisr.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMwnV3PS8MwFH7oFPHib3E6JQdvGmybZm28iIjDg0xxbuwWkjaBwdxknZP9976mrUPRgx5L27R8fS_vS1_e-wBOEyFUlGpGbag8GiKhpSKO8RCDrxCRUMY1nu_dR-123O-Lx7IoLKt2u1cpSTdTl1q0F1noB-jUGFOoE8mg82VYwXAX5-741Okt5l_Gix7hrgeB1yxLZX4e42s4WnDMb2lRF21am_97zy3YKNkluS7MYRuWzGgH1qrN7bvwgFZBtFNSypfIZGwJEkAyVO-XBDEm3Q7Bh82QfxKT1ykl7uch-SzdNcQWUp7EDiYv2dUedFu3zzd3tJRUoAnGqik1yN-s1lybMEVykSjmBcr6NjWBnzLOuEh9FnPtBRapW65dhXxNe83Axzmde5rtQ200HpkDIBqXYomN8fawGVobK25tpIKUGfzWhnt1OKuQla9F5wzpMt48kgVGEjGSDiM5r0OjAl-WXpRJ5udp17wnfh3OK7AXp38f7fBvlx_BepDL-rrN2A2oTSdv5hhWk9l0kE1OnHV9ACMIySs
linkProvider	Springer Nature
linkToHtml	http://cvtisr.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMwnV3PT4MwFH7RadSLv43TqT1400agdFAvxhgXjXMap8tuDYU2WaKbGXNm_72PAi4aPeiRAIV8vPZ95f34AA5jIaIgUYwaP3Koj4SWijDEQ3S-QgQi0rbxfKcZtFphtyvui6KwtMx2L0OSdqUutGhPUt_1cFKjT6FWJINOZmHOR4-VJfI9tDvT9ZfxvEe47UHg1ItSmZ_H-OqOphzzW1jUepvGyv_ecxWWC3ZJznNzWIMZ3V-HhTK5fQPu0CqIskpK2RaZDAxBAkieo_dTghiTpzbBh42RfxKd1SnF9uch-Szd1cTkUp7E9IYv6dkmPDUuHy-uaCGpQGP0VSOqkb8ZpbjSfoLkIo6Y40XGNYn23IRxxkXispArxzNI3TLtKuRryql7Lq7p3FFsCyr9QV9vA1G4FYtNiLf7dd-YMOLGBJGXMI3fWnOnCkclsvI175whbcSbBzLHSCJG0mIkJ1WoleDLYhalkrlZ2DXriV-F4xLs6enfR9v52-UHsHj1eNuUzevWzS4seZnEr03MrkFlNHzTezAfj0e9dLhvLe0Dm0TMDw
linkToPdf	http://cvtisr.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMwpV3PS8MwFH7olOHF3-J0ag7etKxtmrX1IqIOxTEHc2O30LQJDLQb25zsv_clbZ2KHsRjaZuWry95X_p-fACncRhGfiKopbzItjwktFYYBHiIzjcM_TCSpvF8r-m3WkG_H7Y_VfGbbPciJJnVNOguTem0NkpUoUtbm3iOixMc_YtlBDOs-TKseFo0SO_XO73FWkxZ1i_c9COw63nZzM9jfHVNC775LURqPE9j4__vvAnrOeskV5mZbMGSTLehXCS978AjWgsRRmFJb53JUBEkhuQ5ersgiD3pdgg-eIa8lEhdvxSbn4rko6RXEpVJfBI1GL9MLneh27h9ur6zcqkFK0YfNrUk8jolBBPSS5B0xBG13Ug5KpGuk1BGWZg4NGDCdhVSOq1phTxO2HXXwbWe2YLuQSkdpnIfiMAtWqwCvN2re0oFEVPKj9yESrQByewKnBUo81HWUYObSDjzeYYRR4y4wYjPK1AtPgTPZ9eEU0eHY3Wv_AqcF8AvTv8-2sHfLj-BcvumwZv3rYdDWHO18q_J165CaTp-lUewGs-mg8n42BjdO-Gi1PM
openUrl	ctx_ver=Z39.88-2004&ctx_enc=info%3Aofi%2Fenc%3AUTF-8&rfr_id=info%3Asid%2Fsummon.serialssolutions.com&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.atitle=The+boundaries+of+the+law%3A+can+US+private+enforcement+discipline+foreign+firms%3F&rft.jtitle=Journal+of+international+business+studies&rft.au=Massa%2C+Massimo&rft.au=Wang%2C+Xiaoqiao&rft.au=Zhang%2C+Bohui&rft.au=Zhang%2C+Hong&rft.date=2025-02-01&rft.issn=0047-2506&rft.eissn=1478-6990&rft.volume=56&rft.issue=1&rft.spage=62&rft.epage=83&rft_id=info:doi/10.1057%2Fs41267-024-00746-y&rft.externalDBID=n%2Fa&rft.externalDocID=10_1057_s41267_024_00746_y
thumbnail_l	http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/lc.gif&issn=0047-2506&client=summon
thumbnail_m	http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/mc.gif&issn=0047-2506&client=summon
thumbnail_s	http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/sc.gif&issn=0047-2506&client=summon