IDEAS home Printed from https://ideas.repec.org/a/pal/jintbs/v35y2004i5p459-459.html
   My bibliography  Save this article

Balancing private and state ownership in emerging markets' telecommunications infrastructure: country, industry, and firm influences

Author

Listed:
  • Jonathan P Doh
  • Hildy Teegen
  • Ram Mudambi

Abstract

Bargaining between host states and investors over the terms of investment in sensitive sectors of the economy generates political and economic tensions. In this study, we investigate the factors that contribute to the outcomes of those negotiations as measured by the private (vs state-owned) share of newly consummated telecommunications infrastructure projects. We find that private ownership is positively associated with overall economic development and investment liberalization in the host country and with greenfield (vs divestiture) and joint venture (vs wholly owned) projects. Private ownership is negatively associated with existing telecommunications infrastructure, higher levels of state ownership of foreign investing firms, and the technological sophistication of the projects. Our analysis also shows a curvilinear (inverted U-shaped) relationship between investment policy hazards and private ownership. This finding supports the insight from transaction cost economics that potential gains from internalization are greatest at intermediate levels of uncertainty. Journal of International Business Studies (2004) 35, 233–250. doi:10.1057/palgrave.jibs.8400082
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Jonathan P Doh & Hildy Teegen & Ram Mudambi, 2004. "Balancing private and state ownership in emerging markets' telecommunications infrastructure: country, industry, and firm influences," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 35(5), pages 459-459, September.
    • Handle: RePEc:pal:jintbs:v:35:y:2004:i:5:p:459-459
    as

    Download full text from publisher

    File URL: http://www.palgrave-journals.com/jibs/journal/v35/n5/pdf/8400105a.pdf
    File Function: Link to full text PDF
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: http://www.palgrave-journals.com/jibs/journal/v35/n5/full/8400105a.html
    File Function: Link to full text HTML
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:jintbs:v:35:y:2004:i:5:p:459-459. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave-journals.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.