Institutional Environment and Subsidiary Survival

被引:71
|
作者
Dhanaraj, Charles [1 ]
Beamish, Paul W. [1 ]
机构
[1] Univ Western Ontario, Richard Ivey Sch Business, London, ON, Canada
关键词
Institutional environment; Political openness; Social openness; International joint venture; Subsidiary survival; Mortality risk; INTERNATIONAL JOINT VENTURES; MULTINATIONAL-CORPORATIONS; NATIONAL CULTURE; ENTRY; PERFORMANCE; OWNERSHIP; STRATEGIES; LIABILITY; CHOICE; DETERMINANTS;
D O I
10.1007/s11575-009-0144-y
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
We examine the effect of the institutional environment (IE) on the mortality of overseas subsidiaries. We develop hypotheses to study the impact of political openness and social rates these relationships. We test our hypotheses using a sample of 12,000+ Japanese overseas investments from 1986-1997 in 25 countries, using Cox hazard models. Our results suggest that the sociopolitical context has a strong influence on the mortality of overseas subsidiaries. We theorized a negative main effect for political and social openness and positive interaction effects with openness when the FDI is through a JV. The results are consistent with the hypotheses. However, political and social openness show significantly different influences on subsidiary mortality.
引用
收藏
页码:291 / 312
页数:22
相关论文
共 50 条
  • [1] Institutional Environment and Subsidiary Survival
    Charles Dhanaraj
    Paul W. Beamish
    [J]. Management International Review, 2009, 49 : 291 - 312
  • [2] Subsidiary Initiatives in the Institutional Environment
    Hamprecht, Julia
    Schwarzkopf, Jan
    [J]. MANAGEMENT INTERNATIONAL REVIEW, 2014, 54 (05) : 757 - 778
  • [3] Subsidiary Initiatives in the Institutional Environment
    Julia Hamprecht
    Jan Schwarzkopf
    [J]. Management International Review, 2014, 54 : 757 - 778
  • [4] Erratum to: Subsidiary Initiatives in the Institutional Environment
    Jens Hamprecht
    Julia Schwarzkopf
    [J]. Management International Review, 2014, 54 (5) : 779 - 780
  • [5] Taking advantage of institutional weakness? Political stability and foreign subsidiary survival in primary industries
    Lupton, Nathaniel C.
    Behnam, Donya
    Jimenez, Alfredo
    [J]. MULTINATIONAL BUSINESS REVIEW, 2021, 29 (04) : 501 - 521
  • [6] The accelerating effect of institutional environment unfamiliarity on subsidiary portfolio expansion in a new host country
    Hutzschenreuter, Thomas
    Harhoff, Philippa-Luisa
    [J]. INTERNATIONAL BUSINESS REVIEW, 2021, 30 (03)
  • [7] Impact of Institutional and Business Distance on Subsidiary Performance: The Mediation of Subsidiary Entrepreneurship
    Park, Minkyoung
    Lee, Min-Jae
    Roh, Taewoo
    [J]. JOURNAL OF KOREA TRADE, 2023, 27 (02):
  • [8] Market Seeking Orientation and Performance in China: The Impact of Institutional Environment, Subsidiary Ownership Structure and Experience
    Xinming He
    Jianhong Zhang
    Jinmeng Wang
    [J]. Management International Review, 2015, 55 : 389 - 419
  • [9] Market Seeking Orientation and Performance in China: The Impact of Institutional Environment, Subsidiary Ownership Structure and Experience
    He, Xinming
    Zhang, Jianhong
    Wang, Jinmeng
    [J]. MANAGEMENT INTERNATIONAL REVIEW, 2015, 55 (03) : 389 - 419
  • [10] Institutional environments, staffing strategies, and subsidiary performance
    Gaur, Ajai S.
    Delios, Andrew
    Singh, Kulwant
    [J]. JOURNAL OF MANAGEMENT, 2007, 33 (04) : 611 - 636