Interaction of home and host countries' institutional conditions: An analysis of greenfield projects by Latin American firms

Jorge Luis Alcaraz Vargas, Dominique Mazé, Ricardo E. Buitrago R.

Research output: Contribution to journalArticlepeer-review

1 Citation (Scopus)

Abstract

Studying firms from emerging economies has been receiving more attention in recent decades. However, the host- and home-country perspectives have allowed understanding, to a significant extent, of the firms' expansion abroad. We argue the necessity of investigating the interaction of home and host-country institutional conditions to advance the understanding of the internationalization strategies of firms from emerging economies. Employing a sample of 1387 firms from 17 Latin American countries, we examine how their operations expanded from 2003 to 2019 by undertaking 2636 cross-border greenfield projects in 94 host countries. Results indicate that the interaction of home and host countries' weak institutional conditions drives the decision-making process for the internationalization of Latin American firms.
Original languageEnglish
Pages (from-to)65-80
Number of pages16
JournalThunderbird International Business Review
Volume66
Issue number1
DOIs
Publication statusPublished - 1 Jan 2024

Bibliographical note

Publisher Copyright:
© 2023 Wiley Periodicals LLC.

Fingerprint

Dive into the research topics of 'Interaction of home and host countries' institutional conditions: An analysis of greenfield projects by Latin American firms'. Together they form a unique fingerprint.

Cite this