Enhancing foreign subsidiaries' performance through relational ties, market- and nonmarket-based capabilities

Purpose Given the inconclusive findings on relational ties–performance relationships, this study approaches this phenomenon through social capital theory and resource-based view (RBV) lenses to advocate the mediating role of nonmarket- and market-based capabilities. Design/methodology/approach A survey-based research methodology was employed. A list of 1,425 foreign subsidiaries was identified from the Thailand Board of Investment (BOI) website,...