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Institutional Environment and Multinational Enterprises’ Post-Entry Choice: An Institutional Perspective

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Experiences of Emerging Economy Firms

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Abstract

Despite using the international joint venture (IJV) as an important mode applied by multinational enterprises (MNEs) when entering emerging economies (Makino, Chan, Isobe and Beamish, 2007; Park and Ungson, 1997; Brouthers, 2002, Yiu and Makino, 2002), more and more IJVs are being converted into wholly foreign-owned subsidiaries (Dhanaraj and Beamish, 2004; Inkpen and Beamish, 1997; Franko, 1971; Harrigan, 1988; Kogut, 1989). Even though conversions from IJV (partially owned by MNEs) to wholly foreign-owned subsidiaries are prevalent in emerging economy contexts at the present time, factors influencing MNEs’ ownership decisions about their IJVs’ conversion are still unclear in international business research.

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Authors
  1. Chang Liu
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  2. Zijie Li
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  3. Yi Li
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  4. Yuting Liang
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Editors and Affiliations

  1. Aalborg University, Denmark

    Marin Marinov

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© 2015 Chang Liu, Zijie Li, Yi Li and Yuting Liang

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Liu, C., Li, Z., Li, Y., Liang, Y. (2015). Institutional Environment and Multinational Enterprises’ Post-Entry Choice: An Institutional Perspective. In: Marinov, M. (eds) Experiences of Emerging Economy Firms. Palgrave Macmillan, London. https://doi.org/10.1057/9781137472281_4

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