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    Comparison of State-owned and private emerging market enterprises’ (EMEs) internationalization: case studies of Chinese state-owned and private automobile enterprises’ cross-border... by Wang, Si

    Published 2013
    “…Using the case studies of a Chinese state-owned automobile firm NAC’s acquisition of MG Rover and a Chinese private automobile enterprise Geely’s purchase of Volvo, we find that in terms of the regulative pillar of institutions, the state-owned firm’s international expansion is the result of the favorable institutional environment while the private firm is pushed to expand internationally because of the unfavorable domestic institutional environment. …”
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