Leaving home: An institutional perspective on intermediary HQ relocations
Alfredo Valentino,
Jan Schmitt,
Benno Koch and
Phillip C. Nell
Journal of World Business, 2019, vol. 54, issue 4, 273-284
Abstract:
We investigate the effect of changing national institutions on relocations of intermediary HQs. Using a dataset of 154 cross-border relocations between the period from 2000 to 2015, we draw on the intermediary HQ’s middle position within the MNC and investigate how a decrease in institutional quality in the HQ’s host country and a change in institutional distance between different MNC units affect the relocation decision. Our findings advance the emergent literature on HQ relocations as well as our knowledge of intermediary HQs and the effect of changing institutions on organizational location choices. Beyond our theoretical contributions, we offer policy and managerial implications.
Keywords: HQ relocation; Intermediary headquarters; Institutional quality; ICRG; Institutional distance; National governance system (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (13)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:worbus:v:54:y:2019:i:4:p:273-284
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DOI: 10.1016/j.jwb.2018.08.004
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