Marketized state ownership and foreign expansion of emerging market multinationals: Leveraging institutional competitive advantages
The emergence of marketized shareholders through corporate ownership reform and their impact on the foreign entry of emerging market firms is a critical but understudied issue. Our study investigates the effect of marketized state ownership on emerging market firms’ propensity to engage in foreign direct investment. We argue that firms with marketized state ownership may derive institutional competitive advantages from their dual responsiveness to shifting global market conditions and home...[Show more]
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|Source:||Asia Pacific Journal of Management|
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