The effects of home country formal and informal institutions on firms’ ownership strategies

Detalhes bibliográficos
Autor(a) principal: Barbeiro, Suzi Pedro
Data de Publicação: 2020
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.8/5454
Resumo: The complexity involving ownership decisions has been intriguing researchers for the past decades. However, the relation established between ownership and institutions has yet a lot to uncover, since home country institutions remain neglected even though they strongly shape managerial practices and operations. This study examines the influence of home country institutions on ownership strategies, while also investigating the moderating effect that government ownership and experience have on this influence. In particular, this investigation, integrating prior research, seeks to identify whether firms choose shared or full ownership depending on their formal and informal home country institutional environment. The results, obtained using the EFIGE dataset that analyses more than 14000 firms from 7 European countries, suggest that firms originated from less developed institutional environments tend to choose shared ownership over full ownership. Therefore, this study contributes to the institutional theory by emphasizing the essential role played by home country institutions on the international business world.
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spelling The effects of home country formal and informal institutions on firms’ ownership strategiesOwnershipHome countryFormal institutionsInformal institutionsGovernment ownershipExperienceDomínio/Área Científica::Ciências Sociais::Economia e GestãoThe complexity involving ownership decisions has been intriguing researchers for the past decades. However, the relation established between ownership and institutions has yet a lot to uncover, since home country institutions remain neglected even though they strongly shape managerial practices and operations. This study examines the influence of home country institutions on ownership strategies, while also investigating the moderating effect that government ownership and experience have on this influence. In particular, this investigation, integrating prior research, seeks to identify whether firms choose shared or full ownership depending on their formal and informal home country institutional environment. The results, obtained using the EFIGE dataset that analyses more than 14000 firms from 7 European countries, suggest that firms originated from less developed institutional environments tend to choose shared ownership over full ownership. Therefore, this study contributes to the institutional theory by emphasizing the essential role played by home country institutions on the international business world.Reis, Nuno Manuel Rosa dosSantos, João Neves de CarvalhoIC-OnlineBarbeiro, Suzi Pedro2023-09-03T00:30:17Z2020-09-032020-09-03T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10400.8/5454TID:202664430enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-01-17T15:51:16Zoai:iconline.ipleiria.pt:10400.8/5454Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T01:49:00.303951Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv The effects of home country formal and informal institutions on firms’ ownership strategies
title The effects of home country formal and informal institutions on firms’ ownership strategies
spellingShingle The effects of home country formal and informal institutions on firms’ ownership strategies
Barbeiro, Suzi Pedro
Ownership
Home country
Formal institutions
Informal institutions
Government ownership
Experience
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
title_short The effects of home country formal and informal institutions on firms’ ownership strategies
title_full The effects of home country formal and informal institutions on firms’ ownership strategies
title_fullStr The effects of home country formal and informal institutions on firms’ ownership strategies
title_full_unstemmed The effects of home country formal and informal institutions on firms’ ownership strategies
title_sort The effects of home country formal and informal institutions on firms’ ownership strategies
author Barbeiro, Suzi Pedro
author_facet Barbeiro, Suzi Pedro
author_role author
dc.contributor.none.fl_str_mv Reis, Nuno Manuel Rosa dos
Santos, João Neves de Carvalho
IC-Online
dc.contributor.author.fl_str_mv Barbeiro, Suzi Pedro
dc.subject.por.fl_str_mv Ownership
Home country
Formal institutions
Informal institutions
Government ownership
Experience
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
topic Ownership
Home country
Formal institutions
Informal institutions
Government ownership
Experience
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
description The complexity involving ownership decisions has been intriguing researchers for the past decades. However, the relation established between ownership and institutions has yet a lot to uncover, since home country institutions remain neglected even though they strongly shape managerial practices and operations. This study examines the influence of home country institutions on ownership strategies, while also investigating the moderating effect that government ownership and experience have on this influence. In particular, this investigation, integrating prior research, seeks to identify whether firms choose shared or full ownership depending on their formal and informal home country institutional environment. The results, obtained using the EFIGE dataset that analyses more than 14000 firms from 7 European countries, suggest that firms originated from less developed institutional environments tend to choose shared ownership over full ownership. Therefore, this study contributes to the institutional theory by emphasizing the essential role played by home country institutions on the international business world.
publishDate 2020
dc.date.none.fl_str_mv 2020-09-03
2020-09-03T00:00:00Z
2023-09-03T00:30:17Z
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