Board composition, family ownership, institutional distance and the foreign equity ownership strategies of Turkish MNEs
Abstract
In much of the developing world, families represent the dominant form of firm ownership. This study investigates how this influences equity ownership strategies when firms venture abroad. Drawing on agency theory and institutional theory, we investigate the direct effect of board composition and family ownership on the equity-based ownership strategies of multinational enterprises (MNEs) in their affiliates, and how institutional distance may...
Paper Details
Title
Board composition, family ownership, institutional distance and the foreign equity ownership strategies of Turkish MNEs
Published Date
Dec 1, 2018
Journal
Volume
53
Issue
6
Pages
862 - 879
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