Corporate governance and MNE strategies in emerging economies

Bhaumik, Sumon, Driffield, Nigel, Gaur, Ajai, Mickiewicz, Tomasz and Vaaler, Paul (2019). Corporate governance and MNE strategies in emerging economies. Journal of World Business, 54 (4), pp. 234-243.

Abstract

We explore factors of convergence and divergence in corporate governance of emerging and developed market economies, focussing on the role of firm internationalisation. In particular, foreign investments by emerging economy firms led to upgrade of their governance capabilities. These firms also became advocates for home-country policy reforms that mandated the development of similar capabilities for local firms. We present a broad overview of the literature and propose an approach that considers the evolution of corporate governance, both at the national level and the firm level, with MNEs from both emerging market economies and developed economies as active actors in this process.

Publication DOI: https://doi.org/10.1016/j.jwb.2019.03.004
Divisions: Aston Business School > Economics, Finance & Entrepreneurship
Additional Information: © 2019, Elsevier. Licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International http://creativecommons.org/licenses/by-nc-nd/4.0/
Uncontrolled Keywords: Convergence,Corporate governance,Emerging economies,MNE strategy,Business and International Management,Finance,Marketing
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Related URLs: https://linking ... 090951619301282 (Publisher URL)
http://www.scop ... tnerID=8YFLogxK (Scopus URL)
PURE Output Type: Article
Published Date: 2019-06-01
Published Online Date: 2019-04-09
Accepted Date: 2019-03-27
Authors: Bhaumik, Sumon
Driffield, Nigel
Gaur, Ajai
Mickiewicz, Tomasz ( 0000-0001-5261-5662)
Vaaler, Paul

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Version: Accepted Version

Access Restriction: Restricted to Repository staff only until 9 October 2020.

License: Creative Commons Attribution Non-commercial No Derivatives


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