Corporate governance and MNE strategies in emerging economies


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.

Divisions: College of Business and Social Sciences > Aston Business School > Economics, Finance & Entrepreneurship
Additional Information: © 2019, Elsevier. Licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International
Publication ISSN: 1878-5573
Last Modified: 29 Nov 2023 12:17
Date Deposited: 16 Apr 2019 07:40
Full Text Link: 10.1016/j.jwb.2019.03.004
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
Vaaler, Paul

Export / Share Citation


Additional statistics for this record