Objective: To verify the quality of institutional environment and its role in attracting foreign direct investment (FDI). The article attempts to provide a quantitative description of the impact of institutional quality (IQ) on FDI inflow to 17 countries of Central and Eastern Europe (CEECs) in...

This paper examines long-term developments in the quality and efficiency of free market institutional systems across thirteen emerging economies from South, South-east, and East Asia over the 1995-2014 period. The paper also empirically assesses the impact of free market institutions on a...

This paper analyzes the role of institutional distance in the establishment of domestic linkages by multinational enterprises in a cross- section of 19 Sub- Saharan countries. Investors’ familiarity with formal and informal procedures in the host country lowers uncertainty and facilitates...

Using an extensive data set on foreign invested enterprises (FIEs) in the Chinese mainland, we compare the sensitivities of the location choice of foreign direct investment (FDI) from six major source countries/areas (Hong Kong, Taiwan, US, EU, Japan and Korea) toward the variation in the...

The study explores the primary determinants of Indian OFDI in 26 developed and 81 developing countries by integrating a nuanced perspective of institutional distance with conventional location factors (2008-2018). Our findings indicate that asset augmentation and market-seeking motives are the...

We review the relationships between institutions and global strategy and explain several clarifications for future research. First, studies need to clarify the standard used to assess quality in institutional dimensions they research rather than let readers assess them from the measures. Second,...

This paper studies the link between foreign direct investment (FDI) and institutional distance. Using a heterogeneous firms framework, we develop a theoretical model to explain how institutional distance influences FDI, and it is shown that institutional distance reduces both the likelihood that...