Foreigners in the boardroom: The implications of attitudes toward immigration and conservatism in firms' sub-national context

International Business (IB) research has surveyed firms' internationalization by examining the geographical dispersion of their sales and assets. However, less attention has been devoted to an important facet of their internationalization: the globalization of boards of directors. Drawing on institutional theory, we study the determinants of board foreign diversity by focusing on firms' sub-national socio-cultural context. We theorize on factors...