Internationalization and Performance of Emerging Market Firms: Institutional Embeddedness in Advanced Economies

Akbari, Hamid
September 2013
AIB Insights;2013, Vol. 13 Issue 3, p12
The article discusses how institutional embeddedness in advanced economies affects the global presence and performance of firms from emerging markets. Emerging market firms that had been able to internationalize have been able to survive and grow despite the institutional voids prevailing in their countries of origin. It is argued that the ability of these firms to absorb learning from complex and develop institutional environment determines their performance outcomes.


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