TY - JOUR
T1 - Subnational institutions and EMNE acquisitions in advanced economies: institutional escapism or fostering?
AU - Nayyar, Rishika
AU - Prashantham, Shameen
PY - 2020
Y1 - 2020
N2 - The purpose of this paper is to examine whether subnational market-supporting institutions in Indian states affect the likelihood of Indian multinational enterprises (MNEs) to undertake acquisitions in advanced economies (AEs) rather than emerging economies (EEs) and, if so, which mechanism – institutional fostering or escapism – underlies the phenomenon.
AB - The purpose of this paper is to examine whether subnational market-supporting institutions in Indian states affect the likelihood of Indian multinational enterprises (MNEs) to undertake acquisitions in advanced economies (AEs) rather than emerging economies (EEs) and, if so, which mechanism – institutional fostering or escapism – underlies the phenomenon.
KW - Cross-border acquisitions
KW - EMNEs
KW - Foreign direct investment
KW - India
KW - Indian MNEs
KW - Institution-based view
KW - Institutional escapism
KW - Subnational institutions
KW - Within-country inequality
U2 - 10.1108/cpoib-01-2019-0007
DO - 10.1108/cpoib-01-2019-0007
M3 - Journal
SN - 1742-2043
VL - 17
SP - 417
EP - 443
JO - Critical Perspectives on International Business
JF - Critical Perspectives on International Business
IS - 3
ER -
