Protectionism and its Impact on MNC Subsidiaries’ Performance

IF 3.9 3区管理学 Q2 MANAGEMENT

Management International Review Pub Date : 2023-09-27 DOI:10.1007/s11575-023-00519-z

Pervez N. Ghauri, Simon Shufeng Xiao, Byung Il Park, Seong-Jin Choi

引用次数: 0

Abstract

Abstract This study investigates the relationship between local protectionism and performance of multinational corporation (MNC) subsidiaries in China. We integrate overarching theories (i.e., institutional theory and extended resource-based view) to investigate a model for identifying whether local protectionism at the subnational level is beneficial or detrimental for foreign subsidiary operations or functions as a double-edged sword. We also examine whether or not internal organizational capabilities and relational capital with government moderate the effects. On the basis of regression analyses, our empirical findings reveal that the positive or negative effects of subnational protectionism in China depend on performance types. Moreover, performance contribution is considerably moderated by various internal capabilities of MNC subsidiaries. Findings offer valuable and practical implications for MNCs intending to invest in emerging economies.

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保护主义及其对跨国公司子公司绩效的影响

摘要本研究探讨了地方保护主义与跨国公司在华子公司绩效之间的关系。我们整合了总体理论(即制度理论和扩展的资源基础观点)来研究一个模型，以确定次国家层面的地方保护主义对外国子公司的运营是有利还是有害，或者是一把双刃剑。我们还考察了内部组织能力和政府关系资本是否会调节这种影响。在回归分析的基础上，我们的实证结果表明，中国地方保护主义的正面或负面影响取决于绩效类型。此外，业绩贡献很大程度上受到跨国公司子公司各种内部能力的调节。研究结果为有意在新兴经济体投资的跨国公司提供了有价值的实际意义。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Management International Review MANAGEMENT-

CiteScore

6.50

自引率

11.60%

发文量

期刊介绍： Management International Review publishes research-based articles that reflect significant advances in the key areas of International Management. Its target audience consists of scholars in International Business Administration. Management International Review is a double-blind refereed journal that aims at the advancement and dissemination of research in the fields of International Management. The scope of the journal comprises International Business, Cross-Cultural Management, and Comparative Management. The journal publishes research that builds or extends International Management theory so that it can contribute to International Management practice. Management International Review welcomes both theoretical and empirical work. Original papers are invited that are based on a solid theoretical basis and a rigorous methodology. In the area of empirical studies, the journal publishes both quantitative and qualitative research. To be published in Management International Review, a paper must make strong contributions and highlight the significance of those contributions to the field of International Management. The editors are especially interested in manuscripts that break new ground rather than papers that make only incremental contributions. Management International Review publishes articles and research notes. Every year, six issues are published. On average, two of these issues are Focused Issues, which concentrate on a specific subfield of International Management.