Location choice, ownership structure and multinational performance

Purpose: This paper aims to link location choice and ownership structure to the debate on the multinationality–performance relationship. Design/methodology/approach: This paper draws on a panel data set that covers 1,321 emerging economy multinational enterprises (EMNEs) and includes 4,227 observati...

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Bibliographic Details
Main Authors: Gu, J. (Author), Strange, R. (Author), Yang, Y. (Author)
Format: Article
Language:English
Published: Emerald Group Holdings Ltd. 2018
Subjects:
Online Access:View Fulltext in Publisher
LEADER 01856nam a2200217Ia 4500
001 10.1108-MBR-12-2017-0105
008 220706s2018 CNT 000 0 und d
020 |a 1525383X (ISSN) 
245 1 0 |a Location choice, ownership structure and multinational performance 
260 0 |b Emerald Group Holdings Ltd.  |c 2018 
856 |z View Fulltext in Publisher  |u https://doi.org/10.1108/MBR-12-2017-0105 
520 3 |a Purpose: This paper aims to link location choice and ownership structure to the debate on the multinationality–performance relationship. Design/methodology/approach: This paper draws on a panel data set that covers 1,321 emerging economy multinational enterprises (EMNEs) and includes 4,227 observations from 44 emerging economies between 2004 and, 2013. Findings: The empirical results find that multinationality has a positive effect on EMNEs’ performance, and that this positive effect is larger for their investments in developed countries than in developing countries. The study also finds that this positive effect of foreign operation in developed countries switch to negative at higher levels of multinationality for privately owned EMNEs than for state-owned EMNEs. Originality/value: This paper provides new empirical evidence to support an institutional perspective of the internationalisation of EMNEs that are investing in developed countries, contributing to the multinationality-performance literature, highlighting the importance of foreign direct investment location decision and ownership structure. © 2018, Emerald Publishing Limited. 
650 0 4 |a Emerging economies 
650 0 4 |a Firm performance 
650 0 4 |a Location choice 
650 0 4 |a Multinationality 
650 0 4 |a Ownership structure 
700 1 |a Gu, J.  |e author 
700 1 |a Strange, R.  |e author 
700 1 |a Yang, Y.  |e author 
773 |t Multinational Business Review