EconPapers    
Economics at your fingertips  
 

Perceptions of Institutional Environment and Entry Mode

Mehmet Demirbag, Martina McGuinness (m.mcguinness@shef.ac.uk) and Hüseyin Altay
Additional contact information
Martina McGuinness: The University of Sheffield
Hüseyin Altay: Mustafa Kemal University

Management International Review, 2010, vol. 50, issue 2, No 4, 207-240

Abstract: Abstract Multinational companies from emerging and developing economies (EMNCs) are becoming major players in the globalized world economy and are likely to wield growing influence on economic dynamics in OECD, emerging, and developing countries alike. This paper presents data gathered from Turkish firms investing in the transitional economies of the Central Asian Republics. Using an integrated risk management framework (Miller 1992) as a platform for investigating executives' perceptions of environmental uncertainty in entry mode decisions, we extend the framework through the addition of variables, such as corruption, which synthesise institutional level factors. The findings indicate that greater ethical-societal uncertainties result in a preference for joint venture over wholly owned subsidiary. There is a strong correlation between the perceived risk of intervention and joint venture entry mode. We find only limited support for the Uppsala internationalisation model.

Keywords: FDI; Political risk; Entry mode; Emerging economies; Central Asian Republics (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations: View citations in EconPapers (38)

Downloads: (external link)
http://link.springer.com/10.1007/s11575-010-0028-1 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:manint:v:50:y:2010:i:2:d:10.1007_s11575-010-0028-1

Ordering information: This journal article can be ordered from
http://www.springer.com/journal/11575

DOI: 10.1007/s11575-010-0028-1

Access Statistics for this article

Management International Review is currently edited by Michael-Jörg Oesterle and Joachim Wolf

More articles in Management International Review from Springer
Bibliographic data for series maintained by Sonal Shukla (sonal.shukla@springer.com) and Springer Nature Abstracting and Indexing (indexing@springernature.com).

 
Page updated 2024-12-29
Handle: RePEc:spr:manint:v:50:y:2010:i:2:d:10.1007_s11575-010-0028-1