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Institutional distances and equity-based entry modes: a systematic literature review

Author

Listed:
  • Fernando Moreira Silva

    (ESPM)

  • Mario Henrique Ogasavara

    (ESPM)

  • Renato Pereira

    (Instituto Universitário de Lisboa (ISCTE-IUL))

Abstract

The institutional distance between home and host countries influences the benefits and costs of entry into markets where a firm intends to conduct business. Entry mode choice is a function of a firm's strategy to increase its competitiveness, efficiency, and control over resources that are critical to its operations. This systematic literature review aims to explain the influence of institutional distances on equity-based entry modes in international markets. The present study contributes to the literature on international business using institutional theory to address the entry mode, and by analyzing the nature of the constructs used to measure the influence institutional distances have on the choice of entry mode into foreign markets.

Suggested Citation

  • Fernando Moreira Silva & Mario Henrique Ogasavara & Renato Pereira, 2024. "Institutional distances and equity-based entry modes: a systematic literature review," Management Review Quarterly, Springer, vol. 74(3), pages 1723-1790, September.
  • Handle: RePEc:spr:manrev:v:74:y:2024:i:3:d:10.1007_s11301-023-00346-4
    DOI: 10.1007/s11301-023-00346-4
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    More about this item

    Keywords

    Institutional distance; Equity-based entry mode; Systematic literature review;
    All these keywords.

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration

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