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How cultural distance influences entry mode choice: The contingent role of host country's governance quality

机译:文化距离如何影响进入模式的选择:东道国治理质量的偶然角色

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摘要

When entering a culturally distant host country, whether MNEs prefer JVs or WOSs has long been a paradox. The current study aims to explain the paradox by examining the effect of the host country's governance quality. This study hypothesizes that governance quality plays a contingent role. When MNEs enter a culturally distant country with poor governance quality, the risks of collaborating with local partners soar. MNEs thus prefer WOSs. However, if governance quality is satisfactory, the local partners' opportunistic behavior will be restricted, and MNEs thus prefer JVs. An analysis of 2451 entries by Taiwanese MNEs into 13 countries supports the hypotheses.
机译:跨国公司进入偏远文化的接收国时,长期以来一直是一个悖论。本研究旨在通过检查东道国治理质量的影响来解释这一悖论。这项研究假设治理质量起着偶然的作用。当跨国公司进入一个文化水平较差,管理质量较差的国家时,与当地合作伙伴合作的风险就会飙升。跨国公司因此更喜欢WOS。但是,如果治理质量令人满意,当地合作伙伴的机会主义行为将受到限制,跨国公司因此会选择合资企业。对台湾跨国公司进入13个国家的2451个条目的分析支持了这一假设。

著录项

  • 来源
    《Journal of Business Research》 |2012年第8期|1160-1170|共11页
  • 作者单位

    Department of Business Administration, St. John's University/Taipei Campus, 499, Sec. 4, Tam King Road, Tamsui District, New Taipei City, 25135 Taiwan, ROC;

    Finance and International Business Department, Fu Jen Catholic University, 510 Chung Cheng Rd., Hsinchuang Taipei County 24205 Taiwan, ROC;

    MBA Program in International Management, Fu Jen Catholic University, 510 Chung Cheng Rd., Hsinchuang, Taipei County 24205 Taiwan, ROC;

    Department of International Business, National Taiwan University, Taiwan, No. 1. Sec. 4, Roosevelt Rd., Taipei City 106, Taiwan, ROC;

  • 收录信息
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类
  • 关键词

    Cultural distance; Governance quality; Entry mode; Joint venture; Wholly owned subsidiary;

    机译:文化距离;治理质量;进入模式;合资企业;全资子公司;

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