TY  - CHAP
AB  - Abstract The main objective of the present chapter is to address empirically the impacts of institutional distance (ID) on the multinationality level of firms from developing countries and interpret how the interaction between ID and firm resources affects firms from developing countries. Using data of firms from developing countries, we estimated an empirical cross-section model. The results show that while cultural distance was not found statistically significant, ID, on the other hand, was statistically significant. The higher the distance between home and host country, the higher the multinationality of firms from developing countries. We also found a positive and statistically significant correlation between intangible resource and multinationality, which suggests a tendency toward new pattern in the internationalization of firms from emerging economies.
VL  - 14
SN  - 978-1-83867-256-0, 978-1-83867-255-3/1745-8862
DO  - 10.1108/S1745-886220190000014025
UR  - https://doi.org/10.1108/S1745-886220190000014025
AU  - Amal Mohamed
AU  - Kang Huaru
ED  - Rob Van Tulder
ED  - Alain Verbeke
ED  - Barbara Jankowska
PY  - 2019
Y1  - 2019/01/01
TI  - Outward Foreign Direct Investment and Multinationality of Emerging Multinationals
T2  - International Business in a VUCA World: The Changing Role of States and Firms
T3  - Progress in International Business Research
PB  - Emerald Publishing Limited
SP  - 481
EP  - 505
Y2  - 2024/05/13
ER  -