...
首页> 外文期刊>Management international review >The Differential Effects of Minority State Ownership Types on the Internationalization of Emerging Market Multinationals from Democratic States
【24h】

The Differential Effects of Minority State Ownership Types on the Internationalization of Emerging Market Multinationals from Democratic States

机译:少数民族国家所有制类型对民主国家新兴市场跨国公司国际化的影响

获取原文
获取原文并翻译 | 示例
           

摘要

We argue that governments use different types of minority state ownership in domestic multinationals to balance the provision of public and private goods and maximize political survival in emerging market democracies. Using a sample of Brazilian multinationals, we combine instrumental and fixed-effects regressions with an in-depth case study in order to measure and describe the effects of two types of ownership ties. We show that ownership through state-controlled institutional investors has a positive effect on the internationalization level of multinationals, whereas the ownership by state agencies and state-owned enterprises shows an opposite effect. By looking at these effects from the perspective of the political survival of democratic rulers, we contrast our results against the empirical research on multinationals from authoritarian states.
机译:我们认为,政府在国内跨国公司中使用不同类型的少数派国家所有权,以平衡公共和私人物品的提供,并在新兴市场民主国家中最大程度地维持政治生存。我们使用巴西跨国公司的样本,将工具性和固定效应回归与深入的案例研究相结合,以衡量和描述两种所有权关系的影响。我们表明,通过国家控制的机构投资者的所有权对跨国公司的国际化水平具有积极影响,而通过国家机构和国有企业的所有权则表现出相反的效果。通过从民主统治者的政治生存角度观察这些影响,我们将我们的结果与威权国家对跨国公司的实证研究进行了对比。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号