Local density and foreign subsidiary performance

• 成果类型: Article
• 署名作者: Miller, SR; Eden, L
• 署名单位: University of Texas System; University of Texas Austin; Texas A&M University System; Texas A&M University College Station
• 刊物名称: ACADEMY OF MANAGEMENT JOURNAL
• ISSN/ISSBN: 0001-4273
• 发表日期: 2006
• 页码: 341-355
• 关键词: ORGANIZATIONAL LEGITIMACY; UNITED-STATES; STRATEGIC GROUPS; market share; survival; liability; banking; experience; resource; MODEL

摘要

Local density (the number of firms vying for similar resources in a local environment) has been overlooked in explaining foreign subsidiary performance. This study drew upon the concepts of liability of foreignness and density dependence to examine how local density within a host country affected performance-directly and indirectly-through effects on market experience and strategic conformity. We found that local density was negatively related to foreign subsidiary performance and that market experience was less beneficial in high-density environments. Strategic conformity enhanced performance in low-density environments but adversely affected performance in high-density environments.