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choice by exploring a novel dataset of 5236 firms in Vietnam with foreign investment during the period 2005-2016. Although … transition economy such as Vietnam, where the government is committed to attracting foreign investment. The results indicate that …, when the cultural difference between Vietnam and their home country is high, foreign-invested firms prefer wholly …
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Institutional distance has been known to be an important driver of Multinational Enterprises' strategies and performance in host countries. Based on a large panel dataset of 10,562 firms operating in 17 emerging markets and spanning 80 home countries, we re-examine the relationship described by...
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