Institutional distances and equity-based entry modes: a systematic literature review

Fernando Moreira Silva, Mario Henrique Ogasavara and Renato Pereira ()
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Fernando Moreira Silva: ESPM
Mario Henrique Ogasavara: ESPM
Renato Pereira: Instituto Universitário de Lisboa (ISCTE-IUL)

Management Review Quarterly, 2024, vol. 74, issue 3, No 15, 1723-1790

Abstract: Abstract The institutional distance between home and host countries influences the benefits and costs of entry into markets where a firm intends to conduct business. Entry mode choice is a function of a firm's strategy to increase its competitiveness, efficiency, and control over resources that are critical to its operations. This systematic literature review aims to explain the influence of institutional distances on equity-based entry modes in international markets. The present study contributes to the literature on international business using institutional theory to address the entry mode, and by analyzing the nature of the constructs used to measure the influence institutional distances have on the choice of entry mode into foreign markets.

Keywords: Institutional distance; Equity-based entry mode; Systematic literature review (search for similar items in EconPapers)
JEL-codes: F23 M16 (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/s11301-023-00346-4

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