Subnational FDI Legitimacy and Foreign Subsidiary Survival

Setbacks, interruptions and turnarounds in the internationalization process: a bibliometric and literature review of de-internationalization

“…A related set of studies examines the antecedents of subsidiary survival. Most of these studies agree that survival does not depend entirely on performance and profitability, but on other factors also, including entry and equity modes (Hong 2015 ), institutional, cultural, and cross-national distance (Cassio-de-Souza and Ogasavara 2018 ), previous international experience (Yang et al 2015 ), host country characteristics (Wang and Larimo 2020 ), and home country context (Peng and Beamish 2019 ).…”

“…The first (red) cluster (22 articles)– Subsidiary Survival –looks at antecedents of subsidiary survival and is mostly related to subsidiary characteristics such as changes in core activities (Kim 2017 ), expatriate staffing level (Peng and Beamish 2019 ), and equity ownership arrangements (Hong 2015 ), but also host country characteristics, including geographical and cross-national distance (Cassio-de-Souza and Ogasavara 2018 ), and institutional development (Getachew and Beamish 2017 ). Papers analyzing the effect of firms’ previous international experience show somewhat ambiguous results.…”

The competitive advantage of regions: economic geography and strategic management intersections

“…Finally, other studies focus on subnational regions and provinces (Bailey et al, 2019), such as within Italy (Berman, Marino, & Mudambi, 2019) or China (Cui, Fan, Li, & Choi, 2019). Of course, several studies continued to focus on the national unit of analysis in the data collection and segmentation, but we felt this subnational focus was noteworthy and reflective of a growing trend (Peng & Beamish, 2019;Zheng Zhou, Poppo, & Yang, 2008) toward more granular geographical considerations in strategy research.…”

Managing socio-political risk at the subnational level: Lessons from MNE subsidiaries in Indonesia

“…Subnational institutional variations have not hitherto received sufficient scholarly attention (Hutzschenreuter et al, 2020;Peng & Beamish, 2019). This is problematic because subnational regions, not countries, are typically the final destinations of FDI.…”