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Institutional Environment and Multinational Enterprises’ Post-Entry Choice: An Institutional Perspective

In: Experiences of Emerging Economy Firms

Author

Listed:
  • Chang Liu
  • Zijie Li
  • Yi Li
  • Yuting Liang

Abstract

Despite using the international joint venture (IJV) as an important mode applied by multinational enterprises (MNEs) when entering emerging economies (Makino, Chan, Isobe and Beamish, 2007; Park and Ungson, 1997; Brouthers, 2002, Yiu and Makino, 2002), more and more IJVs are being converted into wholly foreign-owned subsidiaries (Dhanaraj and Beamish, 2004; Inkpen and Beamish, 1997; Franko, 1971; Harrigan, 1988; Kogut, 1989). Even though conversions from IJV (partially owned by MNEs) to wholly foreign-owned subsidiaries are prevalent in emerging economy contexts at the present time, factors influencing MNEs’ ownership decisions about their IJVs’ conversion are still unclear in international business research.

Suggested Citation

  • Chang Liu & Zijie Li & Yi Li & Yuting Liang, 2015. "Institutional Environment and Multinational Enterprises’ Post-Entry Choice: An Institutional Perspective," Palgrave Macmillan Books, in: Marin Marinov (ed.), Experiences of Emerging Economy Firms, chapter 4, pages 54-78, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-137-47228-1_4
    DOI: 10.1057/9781137472281_4
    as

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