Internationalization of Emerging Market Multinational Enterprises in a Volatile Environment

Dear Colleagues,

Emerging market multinational enterprises (EMNEs) have become important players in international business, and their internationalizations have contributed a significant amount of foreign direct investments (FDIs) to the global economy. However, the ongoing trade war between the world’s two largest economies—the United States and China—has been challenging for EMNEs since 2018. The spread of COVID-19 has further impeded international business operations. It is critical for researchers to understand the impact of this volatile environment on the internationalizations of EMNEs.

Compared to multinational enterprises from developed economies, EMNEs tend to have different strategic goals and circumstances in their internationalizations. Conventional business practices based on networks and knowledge to achieve international success might not apply to EMNEs’ FDIs in a turbulent global environment. Although EMNEs tend to adopt aggressive strategies due to their apparent tolerance for host country institutional risk, limited existing literature links strategies to distinctive risk management in a volatile environment.

This Special Issue focuses on the broad topic of “Internationalization of Emerging Market Multinational Enterprises in a Volatile Environment” and aims to include novel research on EMNEs, FDIs, host country institutional risk, internationalization, risk management, risk tolerance, strategic configuration, and volatile environments.

Dr. Yi Li
Dr. Yifan Zhong
Dr. Xuefeng Shao
Prof. Dr. Xiao-Guang Yue
Guest Editors

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