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The Interrelationships Among Informal Institutions, Formal Institutions, and Inward Foreign Direct Investment

Hitt, Michael A. - ; Holmes, R. Michael - ; Miller, Toyah - ; Salmador, M. Paz - ;

This research contributes to institutional theory by examining the influence of informal institutions on formal institutions and the effects of formal institutions on inward foreign direct investment. In particular, the authors integrate prior research from multiple disciplines to identify and to examine the roles of a country’s formal regulatory, political, and economic institutions. The results suggest that the country’s informal institutions, in the form of the cultural dimensions of collectivism and future orientation, shape the country’s formal institutions. In turn, each of the three formal institutions affects the country’s level of inward foreign direct investment differently. To facilitate future research, the authors also provide a set of measures for formal institutions in 50 countries.


Ketersediaan

Call NumberLocationAvailable
JOM3902PSB lt.dasar - Pascasarjana (Majalah)1
PenerbitUnited States: Sage Publication 2013
EdisiVol. 39 No. 2, Feb 2013
SubjekForeign direct investment
Internationalization
Institutional Theory
formal and informal institutions
construct validity
ISBN/ISSN1557-1211
KlasifikasiNONE
Deskripsi Fisik567 p.
Info Detail SpesifikJournal of Management
Other Version/RelatedTidak tersedia versi lain
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  • The Interrelationships Among Informal Institutions, Formal Institutions, and Inward Foreign Direct Investment

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