MNC Subsidiaries and Country Risk: Internalization as a Safeguard Against Weak External Institutions

By S. Feinberg, Anil K. Gupta. 2009

237 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/c5d0e3a760d07039e3b0a1a166103a6a72e239ae

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Citations in the corpus

FDI spillovers over time in an emerging market: : The roles of entry tenure and barriers to imitation (2014, background): “Most of the previous studies have investigated foreign firms’ spillovers to domestic firms by estimating domestic firms’ productivity change (e.g., Aitken & Harrison, 1999; Blomström & Kokko, 1998; Buckley et al., 2007; Feinberg & Majumdar, 2001; Zhang et al., 2010).”
Extending the internationalization process model: Increases and decreases of MNE commitment in emerging economies (2011, background): “Consequently, political uncertainty – that is, uncertainty over political actions that may affect the profitability of a business – has been shown to play a significant role in MNEs’ investment and behavior (Feinberg & Gupta, 2009).”
Political risk spreads (2014, unknown): “(4)The use of sovereign spreads is widespread among consultants, for an overview, see Harvey (2001). Morningstar, a leading vendor of cost of capital estimates in the United States, provides two estimates involving sovereign spreads.”
Testing Moderating Hypotheses in Limited Dependent Variable and Other Nonlinear Models (2012, background): “For example, Feinberg and Gupta (2009) explore their direct hypotheses by estimating a tobit (limited dependent variable) model but explore their moderating hypotheses by estimating a linear regression model in order to “avoid the issues raised by Ai and Norton (2003) concerning interpreting…”
Offshoring innovation to emerging markets: Organizational control and informal institutional distance (2014, background): “Given that institutional distance is a major source of uncertainty for MNEs (Feinberg & Gupta, 2009; Santangelo & Meyer, 2011), more pronounced differences in the informal institutions that prevail within the home and host country markets will result in heightened uncertainty for the…”
Do cross-border mergers and acquisitions increase short-term market performance? The case of Chinese firms (2017, background): “…impact on post-acquisition activities and hinder the acquirer’s efforts to establish and enforce cooperative agreements with local partners (Brouthers & Hennart, 2007; Feinberg & Gupta, 2009), thus leading to higher transaction costs when the company tries to acquire and integrate local resources.”
The institutional context of poverty: State fragility as a predictor of cross‐national variation in commercial microfinance lending (2014, background): “…stability and the provision of a general rule of law, that reduce the institutional hazards of private investment and organization (Delios and Beamish, 1999; Delios and Henisz, 2000, 2003; Feinberg and Gupta, 2009; Hermelo and Vassolo, 2010; Meyer, et al., 2009; Slangen and Beugelsdijk, 2010).”
An integrative typology of global strategy and global value chains: The management and organization of cross‐border activities (2020, methodology): “While previous research (Feinberg & Gupta, 2009) has shown that MNEs prefer the option of intra-firm trade in markets with institutional hazards and high political risks, this paper shows that knowledge gained from external suppliers can moderate this relationship.”