Home country institutions and the internationalization of state owned enterprises: A cross-country analysis
Abstract
National institutions shape the ability of civil society and minority shareholders to monitor and influence decision-makers in listed state owned enterprises (SOEs), and thereby their strategies of internationalization. We argue that the weaker are such controls, the more likely such decision makers pursue self-serving motives, and thus shy away from international investment. Listed SOEs’ strategies will thus be more similar to those of wholly...
Paper Details
Title
Home country institutions and the internationalization of state owned enterprises: A cross-country analysis
Published Date
Feb 1, 2016
Journal
Volume
51
Issue
2
Pages
294 - 307
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