کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
1002469 937425 2014 13 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
The influences of governance quality on equity-based entry mode choice: The strengthening role of family control
ترجمه فارسی عنوان
تأثیرات کیفیت حکومت بر انتخاب حالت ورود مبتنی بر عدالت: نقش تقویت کنترل خانواده
کلمات کلیدی
حالت ورود، کنترل خانواده، کیفیت حکومتداری، سرمایه گذاری مشترک، کاملا متعلق به شرکت تابعه
موضوعات مرتبط
علوم انسانی و اجتماعی مدیریت، کسب و کار و حسابداری کسب و کار و مدیریت بین المللی
چکیده انگلیسی


• The influence of governance quality on entry mode choice varies across firms.
• Firms tend to prefer WOSs over JVs when the host country's governance quality is high.
• Family control strengthens firms’ tendency to choose WOSs.

This study examines the possible heterogeneity of governance quality's influence on entry mode decisions made by firms with different degrees of family control. When entering a country with low governance quality, ceding control of the subsidiary in exchange for local partners’ help enables foreign firms to tackle institutional flaws. However, such a motivation diminishes as governance quality increases. This study thus hypothesizes that firms tend to choose WOSs over JVs when entering a host country with high governance quality.Firms controlled by family members, due to concerns regarding the preservation of socioemotional wealth, prefer to maintain high ownership levels of their affiliates. This study thus hypothesizes that firms with a higher degree of family control are even more likely to choose WOSs when entering a country with high governance quality. The results support the hypotheses.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: International Business Review - Volume 23, Issue 5, October 2014, Pages 1008–1020
نویسندگان
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