Journal ArticleDOI
Exploring the role of government involvement in outward FDI from emerging economies
TLDR
In this paper, the authors explain the mechanisms through which government impacts the internationalization of emerging market enterprises (EMEs), and demonstrate that an important source of variation is the idiosyncratic manner in which EMEs are affiliated with government agencies.Abstract:
We explain the mechanisms through which government impacts the internationalization of emerging-market enterprises (EMEs). Rather than merely viewing internationalization as the result of differences in resource positions, we demonstrate that an important source of variation is the idiosyncratic manner in which EMEs are affiliated with government agencies. Although government involvement has a strong effect on international expansion, this effect is contingent upon the level at which the firm is affiliated with government and the degree of state ownership. Different types and levels of governments have different objectives, exert different institutional pressures on EMEs, and impact their willingness and ability to internationalize differently. Government involvement influences the level of overseas investment, its location (developed vs developing countries) and its type (resource- vs market-seeking). These effects depend on firms’ own resources and capabilities, suggesting that not all firms possess equal ability to internalize government-related advantages and respond to institutional pressures. By demonstrating that resource-based and institutional constructs are highly dependent on one another, we enhance understanding of how EMEs succeed in expanding overseas, and why governments matter.read more
Citations
More filters
The iron cage revisited: Institutional isomorphism and collective rationality in organizational fields (Chinese Translation)
Paul DiMaggio,Walter W. Powell +1 more
TL;DR: In this article, the authors argue that rational actors make their organizations increasingly similar as they try to change them, and describe three isomorphic processes-coercive, mimetic, and normative.
Journal ArticleDOI
Theoretical foundations of emerging economy business research
Klaus E. Meyer,Mike W. Peng +1 more
TL;DR: Theoretically into Central and Eastern Europe: Transactions, Resources, and Institutions as mentioned in this paper is a survey of the contributions of research in CEE to theoretical debates in business research, highlighting the need to develop a better understanding of the boundary conditions of scholarly theories of knowledge.
Journal ArticleDOI
A Review of the Nonmarket Strategy Literature: Toward a Multi-Theoretical Integration
TL;DR: This article reviewed and synthesized strategic corporate social responsibility (CSR) and corporate political activity (CPA) research published in top-tier and specialized academic journals between 2000 and 2014.
Journal ArticleDOI
International experience and FDI location choices of Chinese firms: The moderating effects of home country government support and host country institutions
TL;DR: This paper examined the extent to which Chinese government support of foreign direct investment (FDI) projects and host country institutional environments interact with prior entry experience by Chinese firms, and how this interrelationship affects FDI undertaken by Chinese companies.
Journal ArticleDOI
A general theory of springboard MNEs
Yadong Luo,Rosalie L. Tung +1 more
TL;DR: The springboard view has become one theoretic lens to analyze emerging market multinationals (EMNEs) in the past decade as mentioned in this paper, and new developments offer keen insights on these firms and MNEs in general that aggressively engage in critical asset seeking.
References
More filters
Book ChapterDOI
The iron cage revisited institutional isomorphism and collective rationality in organizational fields
Paul DiMaggio,Walter W. Powell +1 more
TL;DR: In this paper, the authors argue that rational actors make their organizations increasingly similar as they try to change them, and describe three isomorphic processes-coercive, mimetic, and normative.
Book
Multiple Regression: Testing and Interpreting Interactions
Leona S. Aiken,Stephen G. West +1 more
TL;DR: In this article, the effects of predictor scaling on the coefficients of regression equations are investigated. But, they focus mainly on the effect of predictors scaling on coefficients of regressions.
Journal ArticleDOI
A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity
TL;DR: In this article, a parameter covariance matrix estimator which is consistent even when the disturbances of a linear regression model are heteroskedastic is presented, which does not depend on a formal model of the structure of the heteroSkewedness.
Journal ArticleDOI
Specification Tests in Econometrics
TL;DR: In this article, the null hypothesis of no misspecification was used to show that an asymptotically efficient estimator must have zero covariance with its difference from a consistent but asymptonically inefficient estimator, and specification tests for a number of model specifications in econometrics.
Book
Applied Linear Statistical Models
TL;DR: Applied Linear Statistical Models 5e as discussed by the authors is the leading authoritative text and reference on statistical modeling, which includes brief introductory and review material, and then proceeds through regression and modeling for the first half, and through ANOVA and Experimental Design in the second half.
Related Papers (5)
International expansion of emerging market enterprises: A springboard perspective
Yadong Luo,Rosalie L. Tung +1 more
How emerging market governments promote outward FDI: Experience from China
Yadong Luo,Qiuzhi Xue,Binjie Han +2 more