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In this study, we integrate resource dependence theory and agencytheory to argue that state ownership has a dual (inducement and constraint) effect onemerging market firms’ export performance. Building on this inducement-constraintframework, we hypothesize a non-linear relationship between...
Persistent link: https://www.econbiz.de/10013308018
Purpose – The purpose of this paper is to look into state ownership and political support as two factors that influence the process of internationalization of Russian MNEs.Design/methodology/approach – The authors observe the theory and empirical evidence behindthe phenomenon.Findings –...
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This study examines whether a stronger corporate governance enforcement regime influences the investment decisions of foreign portfolio investors in an emerging market context. Using a natural experiment provided by an Indian corporate governance regulatory reform introduced in 2000, but for...
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