The Influence of Institutionally Embedded Ownership on Anglo-American Corporate Governance Migration into Emerging Economy IPO Firms
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Oliver E. Williamson, 2000. "The New Institutional Economics: Taking Stock, Looking Ahead," Journal of Economic Literature, American Economic Association, vol. 38(3), pages 595-613, September.
- Ilir Haxhi & Hans van Ees, 2010. "Explaining diversity in the worldwide diffusion of codes of good governance," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 41(4), pages 710-726, May.
- North, Douglass C., 1989. "Institutions and economic growth: An historical introduction," World Development, Elsevier, vol. 17(9), pages 1319-1332, September.
- Williamson, Oliver, 2009.
"The Theory of the Firm as Governance Structure: From Choice to Contract,"
Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 6, pages 111-134, December.
- Oliver E. Williamson, 2002. "The Theory of the Firm as Governance Structure: From Choice to Contract," Journal of Economic Perspectives, American Economic Association, vol. 16(3), pages 171-195, Summer.
- North, Douglass C., 1994.
"The historical evolution of polities,"
International Review of Law and Economics, Elsevier, vol. 14(4), pages 381-391, December.
- Douglass C. North, 1994. "The Historical Evolution of Polities," Economic History 9411007, University Library of Munich, Germany, revised 14 Dec 1994.
- Ruth V. Aguilera & Igor Filatotchev & Howard Gospel & Gregory Jackson, 2008. "An Organizational Approach to Comparative Corporate Governance: Costs, Contingencies, and Complementarities," Organization Science, INFORMS, vol. 19(3), pages 475-492, June.
- Gurneeta Vasudeva & Elizabeth A. Alexander & Stephen L. Jones, 2015. "Institutional Logics and Interorganizational Learning in Technological Arenas: Evidence from Standard-Setting Organizations in the Mobile Handset Industry," Organization Science, INFORMS, vol. 26(3), pages 830-846, June.
- Garry D. Bruton & Vance H. Fried & Sophie Manigart, 2005. "Institutional Influences on the Worldwide Expansion of Venture Capital," Entrepreneurship Theory and Practice, , vol. 29(6), pages 737-760, November.
- Noam Wasserman, 2003. "Founder-CEO Succession and the Paradox of Entrepreneurial Success," Organization Science, INFORMS, vol. 14(2), pages 149-172, April.
- Garry D. Bruton & Igor Filatotchev & Salim Chahine & Mike Wright, 2010.
"Governance, ownership structure, and performance of IPO firms: the impact of different types of private equity investors and institutional environments,"
Strategic Management Journal, Wiley Blackwell, vol. 31(5), pages 491-509, May.
- Mike Wright & Garry Bruton & Igor Filatotchev & Salim Chahine, 2010. "Governance, ownership structure and performance of IPO firms : The impact of different types of private equity investors and institutional environments," Post-Print hal-02312519, HAL.
- Bylund, Per L. & McCaffrey, Matthew, 2017. "A theory of entrepreneurship and institutional uncertainty," Journal of Business Venturing, Elsevier, vol. 32(5), pages 461-475.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Yochanan Shachmurove, 2012. "Failing Institutions Are at the Core of the U.S. Financial Crisis," PIER Working Paper Archive 12-040, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Hearn, Bruce & Strange, Roger & Piesse, Jenifer, 2017. "Social elites on the board and executive pay in developing countries: Evidence from Africa," Journal of World Business, Elsevier, vol. 52(2), pages 230-243.
- Luca Grilli & Boris Mrkajic & Gresa Latifi, 2018. "Venture capital in Europe: social capital, formal institutions and mediation effects," Small Business Economics, Springer, vol. 51(2), pages 393-410, August.
- Darcy W E Allen, 2020. "When Entrepreneurs Meet:The Collective Governance of New Ideas," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number q0269, October.
- Chen Liu & Lynnette Purda & Hui Zhu, 2021. "Institutional influence on syndicate structure and cross‐border leveraged buyouts," Financial Management, Financial Management Association International, vol. 50(1), pages 169-202, March.
- Pascal Gantenbein & Axel Kind & Christophe Volonté, 2019.
"Individualism and Venture Capital: A Cross-Country Study,"
Management International Review, Springer, vol. 59(5), pages 741-777, October.
- Pascal Gantenbein & Axel Kind & Christophe Volonte, 2019. "Individualism and Venture Capital: A Cross-Country Study," Working Paper Series of the Department of Economics, University of Konstanz 2019-01, Department of Economics, University of Konstanz.
- Hearn, Bruce, 2022. "The Determinants of Foreign Multinational Enterprise Firms' Board Governance in Caribbean Offshore Island Economies," Journal of International Management, Elsevier, vol. 28(4).
- Guilherme Fowler A. Monteiro & Bruno Varella Miranda, 2023. "Disentangling the role of the institutional environment in the ownership competence framework: A comment on Foss et al. (2021)," Strategic Management Journal, Wiley Blackwell, vol. 44(8), pages 1939-1954, August.
- Hearn, Bruce & Oxelheim, Lars & Randøy, Trond, 2016. "The Role of Institutions in the Migration of Corporate Governance Practice into Emerging Economies – The Case of Africa," Working Paper Series 1122, Research Institute of Industrial Economics.
- Yochanan Shachmurove, 2012. "Financial Crises And Econonomic Institutions An Institutional Account Of The Usa Financial Crisis," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 8(2), pages 45-52.
- Hearn, Bruce & Filatotchev, Igor, 2019. "Founder retention as CEO at IPO in emerging economies: The role of private equity owners and national institutions," Journal of Business Venturing, Elsevier, vol. 34(3), pages 418-438.
- Hearn, Bruce, 2013. "The impact of board governance on director compensation in West African IPO firms," Research in International Business and Finance, Elsevier, vol. 28(C), pages 82-104.
- Stephanie Rosenkranz & Patrick W. Schmitz, 2007.
"Can Coasean Bargaining Justify Pigouvian Taxation?,"
Economica, London School of Economics and Political Science, vol. 74(296), pages 573-585, November.
- Rosenkranz, Stephanie & Schmitz, Patrick W., 2004. "Can Coasean Bargaining Justify Pigouvian Taxation?," CEPR Discussion Papers 4263, C.E.P.R. Discussion Papers.
- Rosenkranz, Stephanie & Schmitz, Patrick W., 2006. "Can Coasean bargaining justify Pigouvian taxation?," Bonn Econ Discussion Papers 7/2006, University of Bonn, Bonn Graduate School of Economics (BGSE).
- Schmitz, Patrick W., 2021.
"On the optimality of outsourcing when vertical integration can mitigate information asymmetries,"
Economics Letters, Elsevier, vol. 202(C).
- Schmitz, Patrick W., 2021. "On the Optimality of Outsourcing when Vertical Integration can Mitigate Information Asymmetries," CEPR Discussion Papers 15970, C.E.P.R. Discussion Papers.
- Schmitz, Patrick W., 2021. "On the Optimality of Outsourcing when Vertical Integration can Mitigate Information Asymmetries," MPRA Paper 106947, University Library of Munich, Germany.
- Patrick W. Schmitz, 2006.
"Information Gathering, Transaction Costs, and the Property Rights Approach,"
American Economic Review, American Economic Association, vol. 96(1), pages 422-434, March.
- Schmitz, Patrick W., 2005. "Information Gathering, Transaction Costs and the Property Rights Approach," CEPR Discussion Papers 5417, C.E.P.R. Discussion Papers.
- Christopher J. Boudreaux & Daniel L. Bennett & David S. Lucas & Boris N. Nikolaev, 2023. "Taking mental models seriously: institutions, entrepreneurship, and the mediating role of socio-cognitive traits," Small Business Economics, Springer, vol. 61(2), pages 465-493, August.
- Rossi, Enrico, 2020. "Reconsidering the dual nature of property rights: personal property and capital in the law and economics of property rights," LSE Research Online Documents on Economics 105840, London School of Economics and Political Science, LSE Library.
- Li, Xiaoqing & Qiao, Penghua & Zhao, Lin, 2019. "CEO media exposure, political connection and Chinese firms' stock price synchronicity," International Review of Economics & Finance, Elsevier, vol. 63(C), pages 61-75.
- Cordes, Christian & Richerson, Peter J. & McElreath, Richard & Strimling, Pontus, 2008.
"A naturalistic approach to the theory of the firm: The role of cooperation and cultural evolution,"
Journal of Economic Behavior & Organization, Elsevier, vol. 68(1), pages 125-139, October.
- Christian Cordes & Peter J. Richerson & Richard McElreath & Pontus Strimling, 2006. "A Naturalistic Approach to the Theory of the Firm: The Role of Cooperation and Cultural Evolution," Papers on Economics and Evolution 2006-06, Philipps University Marburg, Department of Geography.
- Xiaoyu Yu & Xiaotong Meng & Laura Stanley & Franz W. Kellermanns, 2024. "Self-employment and life satisfaction: The contingent role of formal institutions," Small Business Economics, Springer, vol. 63(1), pages 135-163, June.
More about this item
Keywords
IPO; Corporate Governance Practice; Institutional Theory; Africa; Emerging Economies;All these keywords.
JEL classification:
- G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
- G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation
- M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation
- M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
- M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration
NEP fields
This paper has been announced in the following NEP Reports:- NEP-AFR-2017-12-11 (Africa)
- NEP-BEC-2017-12-11 (Business Economics)
- NEP-CFN-2017-12-11 (Corporate Finance)
Statistics
Access and download statisticsCorrections
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:hhs:iuiwop:1190. 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.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Elisabeth Gustafsson (email available below). General contact details of provider: https://edirc.repec.org/data/iuiiise.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.