Alliances in international governmental organizations, regional trade agreement formation, and multinational enterprise regionalization strategy

• 成果类型: Article
• 署名作者: Kandogan, Yener; Hiller, Jens
• 署名单位: University of Michigan System; University of Michigan; University of Michigan Flint; University of Wuppertal
• 刊物名称: JOURNAL OF INTERNATIONAL BUSINESS STUDIES
• ISSN/ISSBN: 0047-2506
• DOI: 10.1057/s41267-018-0152-x
• 发表日期: 2018
• 页码: 729-742
• 关键词: alliances; Path dependence; logistic regression; regional strategy or strategies; POLITICAL RISK; international institutions

摘要

Drawing from political science alliance theories, we explain why countries are likely to enter regional trade agreements. We argue that the probability that this will happen is higher if the countries are allies in the same international governmental organizations (IGOs), as such alliances can help build trust and reduce political risk. Our results show that IGO scope and also partner reliability and influence in the IGO network play important roles. Our findings provide guidance to multinational enterprises in formulating regionalization strategies.