DOES SUBNATIONAL REGION MATTER? FOREIGN AFFILIATE PERFORMANCE IN THE UNITED STATES AND CHINA

• 成果类型: Article
• 署名作者: Chan, Christine M.; Makino, Shige; Isobe, Takehiko
• 署名单位: University of Hong Kong; Chinese University of Hong Kong; Keio University
• 刊物名称: STRATEGIC MANAGEMENT JOURNAL
• ISSN/ISSBN: 0143-2095
• DOI: 10.1002/smj.854
• 发表日期: 2010
• 页码: 1226-1243
• 关键词: foreign affiliate performance; subnational region; Institutional environments; emerging economies; cross-national comparison; Japanese multinationals

摘要

This study examines the extent to which subnational regions can explain foreign affiliate performance in two host country settings, the United States and China, the world's two largest economies at polar ends of the economic spectrum (i.e., an advanced versus an emerging economy). Our results suggest that the subnational region is significant in explaining foreign affiliate performance, thus confirming its importance as an additional unit of analysis for firm performance. This study also shows that the effects of subnational region are far stronger in China than they are in the United States, thus suggesting that regional differences are more critical in their explanatory power for firm performance in emerging economies than they are in advanced economies. Copyright (C) 2010 John Wiley & Sons, Ltd.