Status | 已發表Published |
How Country Institutional Environments and Foreign Expansion of Emerging Market Firms | |
Wu, J.; Chen, X. Y. | |
2013-07-01 | |
Source Publication | 2013 Annual Meeting of the Academy of International Business Proceedings |
Abstract | We propose that home country institutional environment shapes emerging market firms’ foreign expansion. We argue that better-developed home country institutional environment promotes emerging market firms’ expansion to foreign markets more advanced than the home country, while institutional instability in the home country reduces this propensity. We further hypothesize that the effects of home country institutional environment are contingent on firm-specific government ownership. Data on the foreign expansion of over 900 Chinese firms provide strong support for the effects of home country's institutional development and institutional instability. We also find that a high degree of government ownership weakens the positive effect of home country's institutional development on emerging market firms’ propensity to expansion to more advanced markets. |
Keyword | Institutional Environment Foreign Expansion Emerging Market |
URL | View the original |
Language | 英語English |
The Source to Article | PB_Publication |
PUB ID | 16253 |
Document Type | Conference paper |
Collection | University of Macau |
Recommended Citation GB/T 7714 | Wu, J.,Chen, X. Y.. How Country Institutional Environments and Foreign Expansion of Emerging Market Firms[C], 2013. |
APA | Wu, J.., & Chen, X. Y. (2013). How Country Institutional Environments and Foreign Expansion of Emerging Market Firms. 2013 Annual Meeting of the Academy of International Business Proceedings. |
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