Golikova, Viktorija V.; Karhunen, Päivi; Kosonen, Riitta - 2013
empirically elaborate the concept of institutional arbitrage (Gaur and Lu, 2007; Boisot and Meyer, 2008), which refers to the … arbitrage. In our case this is demonstrated by possibilities to establish in Finland businesses, which are targeted to Russian … trade. Our analysis also points to the negative implications of institutional distance, and the root causes of institutional …