Institutional development and subsidiary decision making autonomy: theory and evidence from Taiwan

Dahms, Sven (2017) Institutional development and subsidiary decision making autonomy: theory and evidence from Taiwan. International Journal of Business and Emerging Markets, 9 (2). pp. 124-147.

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Abstract

This article investigates the effects of differing institutional contexts in which multinationals operate and their impact on decision making autonomy of subsidiaries located in an emerging economy. The research builds on a unique dataset of all known foreign-owned subsidiaries in Taiwan. Our results indicate that differences in formal institutional development and informal institutions are positively associated with overall decision making autonomy in foreign-owned subsidiaries. Factor markets and infrastructure, on the other hand seem to play a lesser role.

Item ID: 52800
Item Type: Article (Research - C1)
ISSN: 1753-6227
Keywords: country context distance; decision-making autonomy; institutional distance; foreign-owned subsidiaries
Date Deposited: 05 Apr 2018 00:58
FoR Codes: 15 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 1503 Business and Management > 150308 International Business @ 100%
SEO Codes: 97 EXPANDING KNOWLEDGE > 970115 Expanding Knowledge in Commerce, Management, Tourism and Services @ 100%
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