Strategic responses to perceived corruption in an emerging market: Lessons from MNEs investing in China

Success in foreign emerging markets is increasingly critical to the global market leadership for many multinational enterprises (MNEs). However, corruption in emerging markets is pervasive and rampant. This study addresses how MNE subunits strategically respond to perceived corruption in the busines...

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Main Author: Luo, Yadong
Format: Journal Article
Published: Sage Publications 2011
Online Access:http://hdl.handle.net/20.500.11937/49922
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author Luo, Yadong
author_facet Luo, Yadong
author_sort Luo, Yadong
building Curtin Institutional Repository
collection Online Access
description Success in foreign emerging markets is increasingly critical to the global market leadership for many multinational enterprises (MNEs). However, corruption in emerging markets is pervasive and rampant. This study addresses how MNE subunits strategically respond to perceived corruption in the business segment of a foreign emerging market wherein they invest and operate. My analysis suggests that an MNE subunit's investment commitment decreases, and its export market orientation increases, with perceived escalated corruption in the specific business segment. Though perceived corruption in an industrial setting (sectorial corruption) has a stronger effect on the subunit's market orientation, changes in perceived corruption over time (longitudinal corruption) exert a greater influence on investment commitment. To individual subunits, the strength of these strategic responses to corruption is heightened by their ethical awareness but weakened by their indigenous dependence.
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spelling curtin-20.500.11937-499222017-09-13T15:36:21Z Strategic responses to perceived corruption in an emerging market: Lessons from MNEs investing in China Luo, Yadong Success in foreign emerging markets is increasingly critical to the global market leadership for many multinational enterprises (MNEs). However, corruption in emerging markets is pervasive and rampant. This study addresses how MNE subunits strategically respond to perceived corruption in the business segment of a foreign emerging market wherein they invest and operate. My analysis suggests that an MNE subunit's investment commitment decreases, and its export market orientation increases, with perceived escalated corruption in the specific business segment. Though perceived corruption in an industrial setting (sectorial corruption) has a stronger effect on the subunit's market orientation, changes in perceived corruption over time (longitudinal corruption) exert a greater influence on investment commitment. To individual subunits, the strength of these strategic responses to corruption is heightened by their ethical awareness but weakened by their indigenous dependence. 2011 Journal Article http://hdl.handle.net/20.500.11937/49922 10.1177/0007650307313362 Sage Publications restricted
spellingShingle Luo, Yadong
Strategic responses to perceived corruption in an emerging market: Lessons from MNEs investing in China
title Strategic responses to perceived corruption in an emerging market: Lessons from MNEs investing in China
title_full Strategic responses to perceived corruption in an emerging market: Lessons from MNEs investing in China
title_fullStr Strategic responses to perceived corruption in an emerging market: Lessons from MNEs investing in China
title_full_unstemmed Strategic responses to perceived corruption in an emerging market: Lessons from MNEs investing in China
title_short Strategic responses to perceived corruption in an emerging market: Lessons from MNEs investing in China
title_sort strategic responses to perceived corruption in an emerging market: lessons from mnes investing in china
url http://hdl.handle.net/20.500.11937/49922