Subnational institutions and EMNE acquisitions in advanced economies: institutional escapism or fostering?

Rishika Nayyar (First Author), Shameen Prashantham (Participant Author)

Research output: Contribution to journalJournal

Abstract

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.
Original languageEnglish
Pages (from-to)417-443
Number of pages27
JournalCritical Perspectives on International Business
Volume17
Issue number3
DOIs
Publication statusPublished - 2020

Keywords

  • Cross-border acquisitions
  • EMNEs
  • Foreign direct investment
  • India
  • Indian MNEs
  • Institution-based view
  • Institutional escapism
  • Subnational institutions
  • Within-country inequality

Indexed by

  • ABDC-B
  • ESCI

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