Home-country government support, interstate relations and the subsidiary performance of emerging market multinational enterprises

Han, Xia, Liu, Xiaohui, Xia, Tianjiao ORCID: 0000-0001-7686-4460 and Gao, Lan (2018) Home-country government support, interstate relations and the subsidiary performance of emerging market multinational enterprises. Journal of Business Research, 93. pp. 160-172.

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Abstract

Drawing on the institution-based view and the global political economy perspective, this study examines the role of home-country government support and interstate relations in the overseas subsidiary performance of Chinese multinational enterprises (MNEs). We focus on two aspects of home-country government support: financial support and non-financial policy support, as well as their effects under the contingency of interstate relations. Using survey data, we find that Chinese MNEs' subsidiary performance is positively related to the degree of home-country government non-financial policy support, but not financial support. The impact of non-financial policy support is contingent on interstate political and economic relations. Stronger interstate political relations complement the impact of non-financial policy support on subsidiary performance, whereas interstate economic relations have a substitutive effect.

Item Type:	Article
Uncontrolled Keywords:	Emerging market MNEs, Subsidiary performance, Interstate relations, Global political economy, Institutional embeddedness, China
Depositing User:	Symplectic Admin
Date Deposited:	21 May 2019 15:35
Last Modified:	19 Jan 2023 00:44
DOI:	10.1016/j.jbusres.2018.04.021
Related URLs:	Author Publisher
URI:	https://livrepository.liverpool.ac.uk/id/eprint/3042162