کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5110132 1377741 2016 23 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Home Country Institutional Effects on the Multinationality-Performance Relationship: A Comparison Between Emerging and Developed Market Multinationals
ترجمه فارسی عنوان
صفحه اصلی کشور تاثیرات نهادی بر روابط چند ملیتی-عملکردی: مقایسه بین شرکت های چند ملیتی نوظهور و توسعه یافته
کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی مدیریت، کسب و کار و حسابداری کسب و کار و مدیریت بین المللی
چکیده انگلیسی
The question of how institutional aspects can shape multinational enterprises' (MNEs) operations abroad and overall performance has received increasing attention in the international business literature. We address this issue by meta-analyzing the effects of home country formal institutions on MNEs' multinationality-performance (M-P) relationship using data from 170 independent studies covering over 54,600 firms from 26 countries. By focusing on specific policies such as capital market development, labor market flexibility, regulatory quality, control of corruption, and trade openness, we provide evidence that home country institutions can significantly influence MNEs' M-P relationship. From a multilevel approach, our findings indicate that a stronger institutional environment not always positively affects the M-P relationship. For developed market firms, the M-P relationship gets stronger with an improved institutional environment. However, in emerging markets, we find that the M-P relationship is actually weaker in cases of higher levels of home country labor flexibility and control of corruption. We discuss the implication of these findings showing that home country institutions have a significant and contrasting role in shaping MNEs' capacity to increase performance from their multinational investments.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of International Management - Volume 22, Issue 4, December 2016, Pages 380-402
نویسندگان
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