Economics at your fingertips  

Within-country religious diversity and the performance of private participation infrastructure projects

Alfredo Jiménez, Guoliang Frank Jiang, Bent Petersen and Jens Gammelgaard

Journal of Business Research, 2019, vol. 95, issue C, 13-25

Abstract: This paper investigates the impact of within-country religious diversity on the performance of private participation infrastructure projects. Our analysis of 8139 projects in 33 countries (1990–2014) shows that higher levels of within-country religious diversity are associated with a higher risk of project failure. This negative effect is exacerbated in greenfield projects and when a project's main sponsor is a foreign firm. In contrast, we find no moderation effect for local government ownership. The study contributes to the ongoing debate regarding the effects of within-country diversity on foreign business ventures.

Keywords: Within-country religious diversity; Private participation infrastructure project; Multinational enterprise (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

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:

DOI: 10.1016/j.jbusres.2018.08.027

Access Statistics for this article

Journal of Business Research is currently edited by A. G. Woodside

More articles in Journal of Business Research from Elsevier
Bibliographic data for series maintained by Haili He ().

Page updated 2020-05-02
Handle: RePEc:eee:jbrese:v:95:y:2019:i:c:p:13-25