Informal institutions and comparative advantage of South-based MNEs: Theory and evidence
This paper builds a theory to characterize the comparative advantage of South-based MNEs rooted in institutional qualities. MNEs headquartered in countries of poorer state institutions are hypothesized to invest more in `informal institutions', and as an optimal response, undertake FDI in count...
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Main Author: | Chang, Pao-li |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2018
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Online Access: | https://ink.library.smu.edu.sg/soe_research_all/21 https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1020&context=soe_research_all |
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Institution: | Singapore Management University |
Language: | English |
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