International Diversification of Emerging Market Firms: The Role of Ownership Structure and Group Affiliation
Abstract
We examine the role of ownership structure on international diversification during institutional transition. We also examine how domestic and foreign ownership, as well as business group affiliation, moderate the performance consequences of international diversification. Our theoretical framework integrates agency and institutional perspectives with internationalization research. We argue that the ownership concentration, along with the identity...
Paper Details
Title
International Diversification of Emerging Market Firms: The Role of Ownership Structure and Group Affiliation
Published Date
Mar 25, 2015
Volume
55
Issue
2
Pages
235 - 253
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