LONDON, March 21, 2017 /PRNewswire/ -- Professor Adam Cross of International Business School Suzhou at Xi'an Jiaotong-Liverpool University has been selected to receive the 2017 Decade Award of the Journal of International Business Studies, one of the world's leading business studies journals and the premiere journal its field.

The award, sponsored by Palgrave Macmillan, is designed to recognise the most influential paper published in JIBS 10 years previously. It will be presented to Professor Cross and his co-authors at the 2017 Academy of International Business conference in Dubai.

'The determinants of Chinese outward foreign direct investment', originally published in JIBS in 2007, has since had over 2,000 citations and has become one of the authoritative studies on the internationalisation of Chinese companies.

The award's selection committee called the paper one of the "pioneering empirical studies" of its kind, noting that it provides "a truly comprehensive treatment of Chinese investment abroad making it a landmark study in understanding outward foreign direct investment."

Professor of international business and associate dean for learning and teaching at IBSS, Professor Cross said, "I am extremely honored to receive this award and I will be proud to represent XJTLU at the AIB conference, as our current research continues to investigate hot topics in international business studies."

"Our paper looked at how the location and political characteristics of countries influenced the magnitude and direction of Chinese investment in the 1980s and 1990s. Our key finding was that, because of the privileged access to capital that many Chinese companies enjoyed at that time, not least because of their state-owned status, and because of their distinct sources of competitive advantage, their attitude to investment and location risk was different to that generally observed for western companies."

The paper is available to read on the website of the Journal of International Business Studies.

The selection process for the JIBS Decade Award considers not only the number of citations but also the quality. Only papers with a significant number of citations in leading business journals make the final selection. The top five papers are then reviewed by a selection committee of experts to determine which has had the most significant impact in the field of international business studies over a 10-year period.

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SOURCE Xi'an Jiaotong-Liverpool University