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
相关论文
共 50 条
  • [1] The impact of corporate governance structures on the corporate investment performance in Turkey
    Orbay, Hakan
    Yurtoglu, B. Burcin
    CORPORATE GOVERNANCE-AN INTERNATIONAL REVIEW, 2006, 14 (04) : 349 - 363
  • [2] The impact of governance quality and educational level on environmental performance
    Dinca, Gheorghita
    Barbuta, Mihaela
    Negri, Camelia
    Dinca, Dragos
    Model , Lizica-Sorina
    FRONTIERS IN ENVIRONMENTAL SCIENCE, 2022, 10
  • [3] Protectionism and its Impact on MNC Subsidiaries' Performance
    Ghauri, Pervez N.
    Xiao, Shufeng Simon
    Park, Byung Il
    Choi, Seong-Jin
    MANAGEMENT INTERNATIONAL REVIEW, 2023, 63 (05) : 731 - 757
  • [4] Protectionism and its Impact on MNC Subsidiaries’ Performance
    Pervez N. Ghauri
    Shufeng Simon Xiao
    Byung Il Park
    Seong-Jin Choi
    Management International Review, 2023, 63 (5) : 731 - 757
  • [5] Do regulations and governance quality impact performance of MFIs in India?
    Amma, K. P. Saraswathy
    Kannan, Gopalakrishnan
    Parthasarathy, Lakshmi
    DECISION, 2019, 46 (01) : 3 - 14
  • [6] Do regulations and governance quality impact performance of MFIs in India?
    K. P. Saraswathy Amma
    Gopalakrishnan Kannan
    Lakshmi Parthasarathy
    DECISION, 2019, 46 : 3 - 14
  • [7] THE IMPACT OF CULTURAL DISTANCE ON THE PERFORMANCE OF FOREIGN SUBSIDIARIES: EVIDENCE FROM THE KOREAN MARKET
    Park, Hyunjun
    Han, Kyungsu
    Yoon, Woojin
    ORGANIZATIONS AND MARKETS IN EMERGING ECONOMIES, 2018, 9 (01) : 123 - 134
  • [8] Regional environmental performance and governance quality: a nonparametric analysis
    Halkos G.E.
    Sundström A.
    Tzeremes N.G.
    Environmental Economics and Policy Studies, 2015, 17 (4) : 621 - 644
  • [9] Corporate governance and firm performance in emerging markets: Evidence from Turkey
    Ciftci, Ilhan
    Tatoglu, Ekrem
    Wood, Geoffrey
    Demirbag, Mehmet
    Zaim, Selim
    INTERNATIONAL BUSINESS REVIEW, 2019, 28 (01) : 90 - 103
  • [10] The Effects of Corporate Governance Implementations on Financial Performance: An Evidence from Turkey
    Sonmez, Adem Ruhan
    Yilmaz, Fatma
    INTERNATIONAL JOURNAL OF CONTEMPORARY ECONOMICS AND ADMINISTRATIVE SCIENCES, 2022, 12 (01): : 133 - 162