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Professor Atipol Bhanich Supapol has been teaching at the Schulich School of Business since 1989. He was also country chief and head of corporate finance for NatWest Securities Asia (Thailand), a subsidiary of NatWest Bank, and director and VP of PricewaterhouseCoopers (PwC) Securities (New York) responsible for corporate debt restructuring.
Recent Publications
Pan, Y., Teng, L., Supapol, A. B., Lu, X., Huang, D., & Wang, Z. (2014), "Firms’ FDI Ownership: The Influence of Government Ownership and Legislative Connections", Journal of International Business Studies, 45(8), 1029-1043.
Abstract
The level of ownership in an overseas subsidiary has been an important issue in international business. Existing literature, based on transaction cost theory, predicts that firms prefer higher ownership for subsidiaries located in favorable foreign institutional environments. We propose two moderating factors to this prediction: governments as owners of firms and firms’ legislative connections. We hypothesized that the level of subsidiary ownership was less affected by the heterogeneity of foreign institutional environments for firms with a higher level of government ownership and for firms with legislative connections. These two interaction effects were tested using a sample of overseas subsidiaries documented in the 2010 annual reports of listed Chinese firms. The empirical findings provide robust support for the hypothesized effects. This study offers fresh insight on the role of government and political factors in firms’ internationalization activities.
Pan, Y., Teng, L., Supapol, A. B., Lu, X., Huang, D., & Wang, Z. (2014), "Firms’ FDI Ownership: The Influence of Government Ownership and Legislative Connections", Journal of International Business Studies, 45(8), 1029-1043.
Abstract
The level of ownership in an overseas subsidiary has been an important issue in international business. Existing literature, based on transaction cost theory, predicts that firms prefer higher ownership for subsidiaries located in favorable foreign institutional environments. We propose two moderating factors to this prediction: governments as owners of firms and firms’ legislative connections. We hypothesized that the level of subsidiary ownership was less affected by the heterogeneity of foreign institutional environments for firms with a higher level of government ownership and for firms with legislative connections. These two interaction effects were tested using a sample of overseas subsidiaries documented in the 2010 annual reports of listed Chinese firms. The empirical findings provide robust support for the hypothesized effects. This study offers fresh insight on the role of government and political factors in firms’ internationalization activities.
Courses Taught
Kellogg - Schulich Executive MBA:
ECON: Economics of the Business Enterprise
Masters of Business Administration (MBA) & Int’l MBA:
ECON 5100 Economic Environment of Business (Applied Macroeconomics and Microeconomics for Business)
ECON 6450 Innovation and Technology Diffusion
ECON 6960 Economic and Business Environments of East and Southeast Asia
INTL 5250 International Business Strategy
INTL 6600 International Work Term
Bachelor of Business Administration (BBA) & Int’l BBA:
Intermediate Microeconomics for Business
Intermediate Macroeconomics for BusinessGrants
Project Title Role Award Amount Year Awarded Granting Agency Project TitleDeveloping a new IMBA program curriculum with Integrated and Experiential Education (EE) components Role Award Amount$68,000.00 Year Awarded Granting AgencyAcademic Innovation Fund (AIF)