As a researcher in international business with a particular interest in transdisciplinary inquiry, my research agenda comprises two primary streams. The first investigates the strategies of multinational enterprises (MNEs) in emerging economies, with particular attention to location and staffing decisions. The second employs a transdisciplinary approach to examine the microfoundations of strategy in international contexts, integrating perspectives from management, economics, and organizational behavior.
Contact
185 Wohlers Hall
1206 S Sixth St
Champaign, IL 61820
Listings
Educational Background
- Ph.D., Business Administration, University of California at Berkeley, 2013
- M.S., Business Administration, University of California at Berkeley, 2008
- M.Phil., Management and Organizations, Hong Kong University of Science and Technology, 2006
- M.A., Management, Nanjing University, 2002
- B.A., Management, Nanjing University, 1999
Positions Held
- Associate Professor of Business Administration, Business Administration, University of Illinois at Urbana-Champaign, 2024 to present
- Assistant Professor of Business Administration, Business Administration, University of Illinois at Urbana-Champaign, 2014-2024
- Lecturer of Business Administration, Business Administration, University of Illinois at Urbana-Champaign, 2013-2013
Recent Publications
- Xia, J., Yao, F., Li, J., Liu, C., Wang, F., Ding, W., & Zhang, H. Forthcoming. Bridging the Divide: How Dual-Background Leaders Unlock Returnee Innovation in Politically Connected Chinese Firms. Journal of Management Studies.
- Yao, F., Xu, M., & Ao, J. Forthcoming. Worldwide Spread of the Weinstein Scandal and the #MeToo movement: Cross-Country Diffusion of Reputation Loss in the Film Industry. Journal of International Business Studies. link >
- Wang, X., & Yao, F. (2025). Geopolitical Risk Hedging and MNE’s Affiliate Divestment Decisions: A Portfolio-Based View. Academy of Management Best Paper Proceedings, Academy of Management.
- Yao, F., Yang, G., Chang, S., & Lu, J. (2025). Not All Threats Are Equal: Symbolic and Realistic Threats and the Deployment of Parent Country Nationals. Journal of International Business Studies, 56 174-193. link >
Other Publications
Articles
- Wang, X., & Yao, F. (2024). Home-Host Government Conflict and MNEs’ Subsidiary Manager Staffing Strategy: A strategic Alignment. Academy of Management Best Paper Proceedings, Academy of Management.
- Yao, F., Chen, M., Li, J., Combs, D., & Li, Q. (2024). A Review of 50 Years of Research Since Knickerbocker (1973): Competitive Dynamics in International Business. Journal of International Business Studies, 55 522-550. link >
- Xia, J., Yao, F., Yin, X., Wang, X., & Lin, Z. (2024). How Do Political and Non-Political Ties Affect Corporate Regulatory Participation? A Regulatory Capture Perspective. Business and Society, 63 (7), 1639-1686.
- Yao, F., Xie, L., Li, J., & Xu, M. (2023). Subnational-level Government Influence and FDI Location Choices: The Moderating Roles of Resource Dependence Relations. Journal of International Business Studies, 54 (6), 1027-1054. link >
- Leung, W., Yao, F., Gong, Y., & Chang, S. (2023). Does Firm Diversity-Enhancement Program Bundle Matter? Firm Performance Dimensions, Employee Ownership Program, and Environmental Technological opportunity. International Journal of Human Resource Management, 34 (16), 3051-78.
- Yao, F., Jiang, K., Combs, D., & Chang, S. (2022). Informal Institutions and Absorptive Capacity: A Cross-country Meta-Analytic Study. Journal of International Business Studies, 53 (6), 1091-1109. link >
- Chang, S., Leung, W., Yao, F., & Gong, Y. (2022). Firm Employee Relations System and Financial Performance: Unfolding the Dual-Causal Relationship and the Associated Temporal and Resource Boundary Conditions. International Journal of Human Resource Management, 33 (18), 3591 - 3628.
- Yao, F., & Xu, M. (2022). Backstages and the spread of organizational misconduct. Academy of Management Best Paper Proceedings, Academy of Management, 2022 (1), 17186.
- Yao, F. (2020). Preventing or Concealing Organizational Misconduct? Corporate Boards in a Transitional Economy. Journal of Business Law and Ethics, 8 (1), 1-8.
- Yao, F., & Chang, S. (2017). Do Individual Employees' Learning Goal Orientation and Civic Virtue Matter? A Micro-Foundations Perspective on Firm Absorptive Capacity. Strategic Management Journal, 38 (10), 2041-2060. link >
- Audia, P., & Yao, F. (2017). The Spatial Diffusion of an Invisible Corporate Practice: Revisiting Stock Backdating, 1981-2005. Advances in Strategic Management, 36 309-339.
- Yao, F., & Li, J. (2016). Multi-market Contact and Foreign Entry Location Decisions in China. Management International Review, 56 95-122.
- Li, J., Qian, C., & Yao, F. (2015). Confidence in Learning: Inter-and Intraorganizational Learning in Foreign Market Entry Decisions. Strategic Management Journal, 36 918-929. link >
- Li, Y., Yao, F., & Ahlstrom, D. (2015). The social dilemma of bribery in emerging economies: A dynamic model of emotion, social value, and institutional uncertainty. Asia Pacific Journal of Management, Springer Science and Business Media LLC, 32 (2), 311-334. link >
- Chang, S., Leung, W., & Yao, F. (2015). The Dual-Causal and Temporal Relationships between Firm Employee Relations Systems and Performance. Academy of Management Best Paper Proceedings, Academy of Management, 2015 (1), 11829.
- Li, J., & Yao, F. (2010). The Role of Reference Groups in International Investment Decisions by Firms from Emerging Economies. Journal of International Management, 16 143-153.
- Li, J., & Yao, F. (2005). Competing in Multiple Geographic Markets: Multi-market Contact and Foreign Entry Location Decisions in China. Academy of International Business Best Paper Proceedings, Academy of International Business, 144.
- Li, J., & Yao, F. (2005). Population Exploitation, Organizational Exploration: Intra-and Inter-Organizational Effects on FDI Location Decisions in China. Academy of International Business Best Paper Proceedings, Academy of International Business, 100.
Book Chapters
- Yang, J., Chang, S., & Yao, F., Shuming Zhao, Stephen Nicholas, Hong Liu & Chunlin Liu (Ed.) (2014). Why managers do what they do? A study on Chinese managers’ time allocation Research on the Impact of Global Economic Integration and Information Networking on Sustainable Corporate Development ( pp. 3-15). Nanjing University Press.
Presentations
- Wang, X., & Yao, F. (2025). Geopolitical Risk Hedging and MNE’s Affiliate Divestment Decisions: A Portfolio-Based View. 2025 Academy of Management Annual Meeting.
- Wang, X., & Yao, F. (2025). Geopolitical Risk Hedging and MNEs’ Affiliate Divestment Decisions:A Portfolio-Based View. 2025 Annual Meeting of Academy of International Business.
- Xu, M., & Yao, F. (2025). The Determinants of Multinational Firms’ Expatriate Staffing: The Redeployability Perspective. 2025 Annual Meeting of Academy of International Business.
- Huang, D., & Yao, F. (2024). Rivalry between Multinational Corporations in Corporate Social Responsibility: The Contingencies of Observability and Coordination. SMS 44th Annual Conference.
- Yao, F. (2024). Worldwide Spread of the Weinstein Scandal and the #MeToo movement: Cross-Country Diffusion of Reputation Loss in the Film Industry. AIB Journals Webinar: New Cultural Industries and IB: Navigating Social and Technological Transformations, AIB.
- Huang, D., & Yao, F. (2024). Rivalry between Multinational Corporations in Corporate Social Responsibility. 84th Annual Meeting of Academy of Management (AOM) Conference.
- Wang, X., & Yao, F. (2024). Home-Host Government Conflict and MNEs’ Subsidiary Manager Staffing Strategy: A Strategic Alignment. 84th Annual Meeting of Academy of Management.
- Huang, D., & Yao, F. (2024). Rivalry between Multinational Corporations in Corporate Social Responsibility. 2024 Academy of International Business (AIB) Annual Meeting.
- Wang, X., & Yao, F. (2024). Home-Host Government Conflict and MNEs’ Subsidiary Manager Staffing Strategy: A Strategic Alignment. 2024 Academy of International Business Annual Meeting.
- Yao, F. (2024). Managerial work in emerging economies? Semi-routinization, discontinuity, and variety in China. The 13th Asia Academy of Management Conference.
- Yao, F. (2024). Similarity matters: Heterogeneous effects of CSR dimensions on suppliers’ firm-specific investments. The 13th Asia Academy of Management Conference.
- Xia, J., Yao, F., & Ding, W. (2024). Returnee Corporate Leaders and Firm Innovation Performance: An Institution-carrier Perspective. 2024 Migration and Organizations Conference, The Wharton School, University of Pennsylvania.
- Xu, M., & Yao, F. (2023). Stock Market Valuation on the Sequence of Divestiture and Greenfield Investment Announcement. 83rd Annual Meeting of the Academy of Management.
- Ao, J., & Yao, F. (2023). Stain or Glory? Cross-level Diffusion of Individual Stigma to Peer Organizations after the Harvey Weinstein Scandal in Hollywood. 2023 IACMR Conference.
- Yao, F. (2023). A Review of Fifty Years of Research Since Knickerbocker (1973): Competitive Dynamics in International Business. 3rd Competitive Dynamics Conference.
- Yao, F., & Chang, S. (2022). Do Individual Employees' Learning Goal Orientation and Civic Virtue Matter? A Micro-Foundations Perspective on Firm Absorptive Capacity". ISOI distinguished speaker series , ISOI.
- Yao, F., & Xu, M. (2022). Backstages and the spread of organizational misconduct. 82nd Annual Meeting of Academy of Management.
- Yao, F. (2020). MNE Headquarters’ International Staffing Decisions: A Real Options Lens. 40th SMS Annual Conference.
- Yao, F. (2020). MNE Headquarters’ International Staffing Decisions: A Real Options Lens. 80th Annual Meeting of the Academy of Management Conference.
- Yao, F. (2019). How Do Government Affiliations Affect Innovation Inputs and Outputs? A Stakeholder Perspective. 79th Annual Meeting of the Academy of Management.
- Yao, F. (2019). Local Upper-Class Clubs as Backstages: The Diffusion of Stock Backdating. 79th Annual Meeting of the Academy of Management.
- Yao, F. (2019). Global Integration, host Country threats and subsidiary executive staffing. SYSBS International Symposium on Frontier Management Research.
- Yao, F. (2017). Domain Protection and Organizational Ties: Regulatory Standards Making as a Corporate Political Action. 10th Asia Academy of Management Conference.
- Yao, F. (2016). Executive Staffing Strategies of Japanese Multinational Enterprises in China. 7th International Association of Chinese Management Research (IACMR) Conference.
- Yao, F. (2016). Resource Dependence and Foreign Direct Investment Entry into Subnational Regions in an Emerging Economy: The Moderating Role of Cultural Distance. the 58th Annual Conference of Academy of International Business.
- Yao, F. (2015). The Dual-Causal and Temporal Relationships between Frim Employee Relations Systems and Performance. Annual Meeting of Academy of Management.
- Yao, F. (2015). Stock Option Exercises of Chinese Executives. 9th Asia Academy of Management Conference.
- Yao, F. (2014). Opportunity, Threat, and Asymmetric Moderating Effects on Multinational Firms' Staffing Strategies. Academy of Management Annual Meeting.
- Yao, F. (2014). Paying the Price: Executive Demotion after Stock Option Exercises in Chinese State-owned Enterprises. Academy of Management Annual Meeting.
- Yao, F. (2014). Decomposing Environmental Effects: A Study of Japanese Multinational Enterprises’ Executive Staffing Strategies in China. Annual Meeting of the Academy of International Business.
- Yao, F. (2013). To Cash in or Not: Executive Stock Option Exercises in Chinese State-Owned Firms. Academy of Management Annual Meeting.
- Yao, F. (2013). When and How People Make the Place: Understanding the Micro-Foundation of Firm Absorptive Capacity. Academy of Management Annual Meeting.
- Yao, F. (2012). The Impact of Corporate Governance on Corporate Illegal Behavior in China. 4th World Business Ethics Forum.
- Yao, F. (2011). The Diffusion of an Invisible Practice: Evidence from Stock Backdating. Annual Academy of Management Meeting.
- Yao, F. (2009). Sub-national policy uncertainty and foreign investment location strategies in an emerging economy. Annual Academy of Management Meeting.
- Yao, F. (2008). Emerging economy multinationals as reference groups: Institutional environments and investing in China. Presented at Copenhagen Business School.
- Yao, F. (2007). Preventing a Crime? Exploring the Impact of Corporate Governance on Corporate Illegal Behavior in China. Annual Academy of Management Meeting.
- Yao, F. (2007). The Geography of stock backdating. Annual Academy of Management Meeting.
- Yao, F. (2006). A Network Perspective on Geographic Competition: Market Entry Decisions of American Subsidiaries in China. Annual Academy of Management Meeting.
- Yao, F. (2005). Population Exploitation, Organizational Exploration: Intra-and Inter-Organizational Effects on FDI Location Decisions in China. Annual Academy of Management Meeting.
- Yao, F. (2005). Competing in Multiple Geographic Markets: Multi-market Contact and Foreign Entry Location Decisions in China. Academy of International Business Annual Meeting.
- Yao, F. (2005). Population Exploitation, Organizational Exploration: Intra-and Inter-Organizational Effects on FDI Location Decisions in China. Academy of International Business Annual Meetings.
Honors and Awards
- Best Reviewer, Journal of International Business Studies, 2025-2025
- Best Paper, Academy of Management Meeting, IM division, 2024, 2025-2025
- List of Teachers Ranked as Excellent, University of Illinois, Urbana-Champaign, 2014-2020, 2022-2023
- Best Paper Award, Illinois Strategic Organizations Initiative, Gies College of Business, 2022
- Second Runner-up of the Michael Poole Best Paper award for 2022, International Journal of Human Resource Management, 2022
- Best Paper, Academy of Management Meeting, OMT division, 2022
Service
- Associate Editor, Quarterly Journal of Management, 2024 to present
- Editorial Review Board, Journal of International Business Studies, 2025 to present, 2020-2022
- Editorial Review Board, Strategic Management Journal, 2017 to present
Teaching Interests
Multinational Management, International Business
Research Interests
Global Strategy, Emerging Economies, Corporate Governance
Current Courses
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Multinational Management (BADM 381) Examines critical issues facing managers who work in multinational firms. Designed to develop students' skills for working in a global business environment. Topics include foreign market entry strategies, global management of the functional areas of business, and management and control of multinational firms in the global marketplace.
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Business Policy and Strategy (BADM 449) Analysis of policy formulation and implementation from a company-wide standpoint; emphasis on integration of knowledge and approaches across functional areas; both endogeneous and exogeneous factors which affect company policies; and the role of the firm in society.
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SEIB Brown Bag (BADM 590) Special topics in the general area of business. Topics are selected by the instructor at the beginning of each term.
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SEIB Brown Bag Seminar (BADM 590) Special topics in the general area of business. Topics are selected by the instructor at the beginning of each term.
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Orgs & Int'l Business (BADM 590) Special topics in the general area of business. Topics are selected by the instructor at the beginning of each term.
Contact
185 Wohlers Hall
1206 S Sixth St
Champaign, IL 61820


