The strategic choices of foreign market entry made by emerging economy firms are significantly shaped by the different risk perceptions of shareholder constituencies in their corporate governance system toward the institutional distances between the home and the host country.
This research project was supported by the grant from European Union’s Erasmus Mundus (Grant No. FIIR2011/14) and Zhejiang Provincial Natural Science Foundation of China (Grant No. LY12G02011).
Kittilaksanawong, W. (2014), "How Do Family, Insider, and Institutional Shareholder Perceive Institutional Risks in Foreign Market Entry? Evidence from Newly Industrialized Economy Firms", Emerging Market Firms in the Global Economy (International Finance Review, Vol. 15), Emerald Group Publishing Limited, Bingley, pp. 279-306. https://doi.org/10.1108/S1569-376720140000015012
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