Institutional distance and the multinational enterprise

• 成果类型: Review
• 署名作者: Xu, D; Shenkar, O
• 署名单位: Peking University; University System of Ohio; Ohio State University
• 刊物名称: ACADEMY OF MANAGEMENT REVIEW
• ISSN/ISSBN: 0363-7425
• DOI: 10.2307/4134406
• 发表日期: 2002
• 页码: 608-618
• 关键词: joint ventures; entry mode; ORGANIZATIONAL LEGITIMACY; INTERNATIONAL PRODUCTION; JAPANESE INVESTORS; ECLECTIC THEORY; FOREIGN ENTRY; Start-up; Isomorphism; performance

摘要

We draw from the recently developed construct of institutional distance to propose a framework that explains foreign direct investment by the multinational enterprise. We decompose the institutional distance between the host and home countries into distances on the regulative, normative, and cognitive dimensions of institutions, and match these with firm-level attributes to produce propositions regarding host country selection and foreign market entry strategies.