Unbundling the effects of host-country institutions on foreign subsidiary survival: A case for subsidiary heterogeneity
Abstract
This study seeks to advance a fine-grained understanding of the relationship between host-country institutions and foreign subsidiary survival by unbundling institutions into contracting and property rights institutions as well as engaging subsidiary-level heterogeneity. We argue that the adverse effects of weak contracting institutions are stronger for market-seeking subsidiaries. In contrast, we contend that weak property rights institutions...
Paper Details
Title
Unbundling the effects of host-country institutions on foreign subsidiary survival: A case for subsidiary heterogeneity
Published Date
Jun 1, 2021
Journal
Volume
56
Issue
4
Pages
101226 - 101226
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