Governors' pro-market ideology as institutional enablement of firm internationalization

IF 1.9 4区管理学 Q3 MANAGEMENT Cross Cultural & Strategic Management Pub Date : 2021-07-23 DOI:10.1108/CCSM-09-2020-0182

W. C. Zhou, S. L. Sun

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引用次数: 2

Abstract

PurposeExtant literature has indicated that government support is one of the main drivers of international expansion of Chinese multinational enterprises. However, research on the influence of governors on firm internationalization is still limited. Drawing upon the institution-based view, we theorize a novel concept of institutional enablement to illustrate the influence of a governor's pro-market ideology on Chinese firms' internationalization.Design/methodology/approachWe analyze the relationship between a governor's pro-market ideology (consisting of a pro-market political ideology, an overseas educational background and a business background) and firm internationalization with a sample of Chinese public companies during 2014–2017.FindingsWe find a direct and positive effect of a governor's pro-market ideology on firm internationalization. We also find an indirect and positive effect of a governor's pro-market ideology through regional, inward foreign direct investment.Originality/valueTo the best of our knowledge, this paper is the first to investigate an underexplored question of the impact of governors on firm internationalization and to develop a novel concept of institutional enablement, based on discursive institutionalism.

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州长的亲市场意识形态是企业国际化的制度推动因素

现有文献表明，政府支持是中国跨国企业国际扩张的主要驱动力之一。然而，关于管理者对企业国际化影响的研究仍然有限。在制度基础观点的基础上，我们提出了一个新的制度使能概念，以说明管理者的亲市场意识形态对中国企业国际化的影响。我们以2014-2017年中国上市公司为样本，分析了管理者亲市场意识形态(包括亲市场的政治意识形态、海外教育背景和商业背景)与企业国际化之间的关系。研究发现，管理者的亲市场意识形态对企业国际化具有直接的正向影响。我们还发现，省长的亲市场意识形态通过区域内向外国直接投资产生了间接和积极的影响。原创性/价值据我们所知，本文首次研究了一个未被充分探讨的问题，即管理者对企业国际化的影响，并基于话语制度主义提出了一个新的制度实施概念。

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来源期刊

Cross Cultural & Strategic Management MANAGEMENT-

CiteScore

4.70

自引率

12.00%

发文量

期刊介绍： Cross Cultural & Strategic Management (CCSM), is dedicated to providing a forum for the publication of high quality cross-cultural and strategic management research in the global context. CCSM is interdisciplinary in nature and welcomes submissions from scholars from international business, management and other disciplines, such as anthropology, economics, political science, psychology and sociology. The goal of CCSM is to publish discerning, theoretically grounded, evidence-based and cutting edge research on issues relevant to all aspects of global management. CCSM is especially interested in theoretical and empirical papers that investigate new and unique ideas and/or are multilevel (micro-meso-macro) and/or are multidisciplinary in nature. Research papers submitted to CCSM are expected to include an answer to the question: What is the contribution of this paper to the literature and the field of international business and managing in the global context? CCSM accepts theoretical/conceptual and empirical papers based on quantitative and qualitative research endeavors that advance our overall knowledge of international business. This includes research that yields positive, neutral or negative findings as long as these studies are based on sound research methodology, and have a good command of the theory/literature that pertains to the phenomena under investigation. These studies should also provide a more in-depth interpretation of the reason(s) for the findings and include more detailed recommendations for future research directions.