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Pro-Market Reforms and Developing Country Multinational Corporations
Building on the institution-based view of strategy, I study the impact of pro-market reforms on developing country firm multinationality. I propose that reforms increase multinationality by reducing institutional imperfections and increasing domestic competition, thus inducing firms to expand internationally. However, I argue the effect is higher for private firms than state firms because the former are compelled to be more responsive to institutional changes and opportunities in order to survive. Three-level RCM Poisson analyses of a panel of the largest firms in Latin America for the period 1989 to 2009 provide robust support for the arguments.
Call Number | Location | Available |
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PSB lt.dasar - Pascasarjana | 1 |
Penerbit | USA Strategic Management Society., 2012 |
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Edisi | Vol. 2 No. 3, Aug 2012 |
Subjek | Developing countries Internationalization Multinationality Institution-based view Pro-market reforms |
ISBN/ISSN | 20425791 |
Klasifikasi | NONE |
Deskripsi Fisik | 276 p. |
Info Detail Spesifik | Global Strategy Journal |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas | Tidak Ada Data |