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Author:Chung, C. C.
Beamish, P. W.
Title:The impact of institutional reforms on characteristics and survival of foreign subsidiaries in emerging economies
Journal:Journal of Management Studies
2005 : JAN, VOL. 42:1, p. 35-62
Index terms:Economic crisis
Foreign investment
Foreign subsidiary companies
Institutions
Reforms
Freeterms:Emerging economies
Language:eng
Abstract:This study investigates the dynamic context of the institutional environment of emerging economies. The complex influences of policy reforms on the charateristics and survival of foreign subsidiaries in emerging economies are examined before and after the 1997 Asian economic crisis. It is proposed that FDI policy reforms during times of crisis may not only have a positive effect on institutional munificence for foreign companies, but such drastic reforms may also produce a negative effect on the environment.
SCIMA record nr: 258316
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