The Impact of Governance Quality on Subsidiaries' Performance: A Survey Analysis from Turkey

被引:3
|
作者
Manolopoulos, Dimitris [1 ]
Bitzenis, Aristides [2 ]
Tatoglu, Ekrem [3 ]
机构
[1] Athens Univ Econ & Business, Dept Business Adm, 76,Patiss Ave, Athens 10474, Greece
[2] Univ Macedonia, Dept Int & European Studies, Thessaloniki, Greece
[3] Ibn Haldun Univ, Sch Business, Dept Management, Basaksehir, Turkey
关键词
Institutional theory; quality of governance; subsidiary performance; Turkey; WGI indicators; RESOURCE-BASED VIEW; EMERGING MARKET ENTERPRISES; DEVELOPING-COUNTRY MNES; ENTRY MODE CHOICE; INTERNATIONAL DIVERSIFICATION; ORGANIZATIONAL PRACTICES; INSTITUTIONAL DISTANCE; FOREIGN SUBSIDIARIES; PSYCHIC DISTANCE; FIRM PERFORMANCE;
D O I
10.1080/10669868.2019.1708838
中图分类号
F [经济];
学科分类号
02 ;
摘要
We employ the quality of governance to study the impact of local institutional context on foreign subsidiaries' performance. We propose and empirically document that local institutional quality has growth-enhancing effects on subsidiary growth. More specifically, we show that political stability, government effectiveness, regulatory quality, and rule of low are positively and significantly related to subsidiaries' output. Our findings suggest that, apart from resources and market considerations, institutional constructs should be included as influential predictors in the general models investigating subsidiary performance.
引用
收藏
页码:269 / 292
页数:24
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