Business Groups in Emerging Economies: A Resource-Based View

By Mauro F. Guillén. 2000

964 citations recorded by the source corpus.

Subfields: Accounting, Management of Technology and Innovation, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/3f47391a5ac2c85ae00d4a2057fe2a71f562b972

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

In Management of Technology and Innovation

In Strategy and Management

Citations in the corpus

Leverage and business groups: Evidence from Indian firms (2007, background): “For example, investigating the case of Japanese groups, Gul (1999) shows that in keiretsu-affiliated firms, conflicts between debt and equity holders are less severe, because the main bank, around which the group is organised, is also likely to be the main shareholder.”
Springboard internationalization by emerging market firms: Speed of first cross-border acquisition (2019, positive): “These ties, facilitated by a centralized decision-making body, provide an ideal setting for a younger firm, with its agility, to access resources and knowledge about international markets and technology residing in the group (Guillén, 2000), more quickly than can older firms.”
Institutions Behind Family Ownership and Control in Large Firms (2010, background): “Thus, abilities to do so may become valuable, unique, and hard-to-imitate resources (Guillen, 2000; Peng et al., 2005).”
Asset restructuring and business group affiliation in French civil law countries (2004, methodology): “Guillén (2000) suggests that business groups may not survive when asymmetries in foreign trade and investment disappear in a country.”
An institution-based view of international business strategy: a focus on emerging economies (2008, neutral): “…in China is due to the Chinese culture (Redding, 1990), similar evidence on the rise of networks and relationships has been reported from Argentina (Guillen, 2000), Chile (Khanna & Palepu, 2000), the Czech Republic (Newman, 2000), Hungary (Rona-Tas, 1994; Stark, 1996), India (Kedia et al., 2006),…”
Guest Editors' Introduction Strategy Research in Emerging Economies: Challenging the Conventional Wisdom* (2005, positive): “…may reside in less munificent Strategy Research in Emerging Economies 11 resource environments, many of the resources enjoyed at home, especially by firms affiliated with large business groups, may be situation specific given the relative underdevelopment of their home countries (Guillen, 2000).”
The Performance of Group‐affiliated Firms during Institutional Transition: A Longitudinal Study of Indian Firms (2009, background): “However, there has been a growing interest among management and organizational scholars in this subject, especially as it pertains to emerging economies (e.g. Chang and Hong, 2002; Guillen, 2000; Keister, 1998; Khanna and Palepu, 2000; Khanna and Rivkin, 2001).”
Ownership of Corporations (2016, background): “Recent debates have examined family firms in TCE logic (Gedajlovic & Carney, 2010; Verbeke & Kano, 2010) and the advantages that BGs have from the internal capital market in dealing with uncertainty (e.g., Chang & Hong, 2000; Guillen, 2000; Khanna & Palepu, 1997).”
The effect of domestic uncertainty on the real options value of international investments (2009, methodology): “Since Korean firms’ international expansion is a more recent phenomenon than that of countries such as the US, Japan and the UK, it is unlikely that many Korean firms will already have in place the most intricate of international networks.”
Institutions and the OLI paradigm of the multinational enterprise (2008, neutral): “The network MNE comprises many different types of cross-border organisation, from 19th century trading companies (Jones, 2000) and “traditional” business groups, such as those found in Latin America and Asia (Guillén, 2000b), to new cellular or network based forms of organisation, many of which have”
Institutions, resources, and internationalization of emerging economy firms (2014, positive): “’’ They emerge in response to imperfect or missing markets (Leff, 1978), as a result of strong interpersonal relationships among families or clans (Granovetter, 1994), or due to active or passive government support, such as access to capital through loan guarantees (Ghemawat & Khanna, 1998; Guillen,”
The Entrepreneurship Process in Base of the Pyramid Markets: The Case of Multinational Enterprise/Nongovernment Organization Alliances (2010, background): “Guanxi in China, blat in Russia, pratik in Haiti (Xin & Pearce, 1996), Korean chaebols, Indian business houses, and Latin American grupos (Guillen, 2000) are examples of networks with proto-institutions.”