The role of the institutional environment in the strategic choices of international retailers in an emerging market: Evidence from China
Daniele Pederzoli and
Lanlan Cao
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Daniele Pederzoli: Pôle Customer, Retail and Supply Chain - Rouen Business School - Rouen Business School, Pôle Markets, Brands & Experiences - Rouen Business School - Rouen Business School
Lanlan Cao: Pôle Customer, Retail and Supply Chain - Rouen Business School - Rouen Business School
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Abstract:
This paper addresses the issue of international retailers' strategic responses to institutional environment in emerging markets. Using in-depth interviews with top managers from a grounded theory perspective, the present research highlights the strategic specificities for international retailers in an emerging market, especially in China. The international retailers' strategic choices are often identified as pragmatism, dynamism, public policy-orientation and seeking leader position in the market. Moreover, when international retailers can commit to cultivating local markets and creating shared added value, they are better able to respond proactively to an institutional environment that is still in a phase of transition.
Date: 2012-12
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Published in Business Plus Markets Review, 2012, Vol. 1 (n° 2), pp. 4-20
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00916526
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