Varieties in state capitalism: Outward FDI strategies of central and local state owned enterprises from emerging economy countries
Institutional diversity characterizing state-owned enterprises (SOEs) from emerging economies holds critical but under-examined implications for their internationalization activities. Different types of SOEs can exhibit distinct motivations, strategic resources, and adaptive capabilities for penetrating foreign markets. To understand how such idiosyncratic differences emerge, we conceptualize the heterogeneity of SOEs as an outcome of multiple institutional reform processes - administrative and...[Show more]
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|Source:||Journal of International Business Studies|
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