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subnational FDI legitimacy and improve the survival likelihood of their subsidiaries. We consider three organizational identity … hypothesize a U-shaped relationship between FDI legitimacy and subsidiary mortality, and that this relationship will be moderated … by the level of COO agglomeration at a subnational level. We also hypothesize that with improving FDI legitimacy, the use …
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Multinational enterprise (MNE) subsidiaries are thought to suffer from legitimacy shortfalls when they operate in … their legitimacy by embarking on corporate social initiatives that benefit host country actors or address social issues. Yet … improve its legitimacy with host country actors? What are the mechanisms that mediate the relationship between the performance …
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We explore the effect of foreign direct investment on economic growth in developing countries, distinguishing between mergers and acquisitions ("M&As") and "greenfield" investment. A simple model captures the key difference between the two types of FDI: unlike greenfield investment, M&As partly...
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