Research proposes that institutions matter in shaping firm strategic behavior as well as the performance implications of such behavior but is less forthcoming with respect to how they matter especially during the process of internationalization of emerging-economy firms. We build on the...

We propose that home country institutional environment shapes emerging market firms’ foreign expansion. We argue that better-developed home country institutional environment promotes emerging market firms’ expansion to foreign markets more advanced than the home country, while institutional...

This study aims to investigate the outward foreign direct investment (FDI) location choices of leading Turkish business groups (TBGs) regarding internationalization motives, dynamic capabilities (DC), and institutional context. The scope of the study consists of eleven multinational TBGs with...