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How Country Institutional Environments and Foreign Expansion of Emerging Market Firms
Wu, J.; Chen, X. Y.
2013-07-01
Source Publication2013 Annual Meeting of the Academy of International Business Proceedings
AbstractWe 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.
KeywordInstitutional Environment Foreign Expansion Emerging Market
URLView the original
Language英語English
The Source to ArticlePB_Publication
PUB ID16253
Document TypeConference paper
CollectionUniversity 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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