2024
DOI: 10.1108/cpoib-06-2023-0055
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The impact of institutions, industry, and scale of operations on foreign subsidiaries’ political connections: evidence from Saudi Arabia and Egypt

Ashjan Baokbah,
Vikrant Shirodkar

Abstract: Purpose Research on the political connections of multinational enterprises’ (MNEs’) subsidiaries in emerging host countries has been growing. The purpose of this paper is to integrate institutional and resource dependence theories to argue that MNEs-subsidiaries are likely to develop fewer formal (i.e. board-level) political connections when operating in welfare-state monarchies as compared to in host countries with developmental-state democratic systems. Furthermore, this paper argues that MNE-subsidiaries de… Show more

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