Please use this identifier to cite or link to this item: https://doi.org/10.1016/j.intman.2007.05.007
Title: Survival of the foreign subsidiaries of TMNCs: The influence of business group affiliation
Authors: Garg, M. 
Delios, A. 
Keywords: Business group affiliation
Development stage
FDI
Institutional environments
Liability of foreignness
Survival
Third world multinationals
Issue Date: 2007
Source: Garg, M., Delios, A. (2007). Survival of the foreign subsidiaries of TMNCs: The influence of business group affiliation. Journal of International Management 13 (3) : 278-295. ScholarBank@NUS Repository. https://doi.org/10.1016/j.intman.2007.05.007
Abstract: We investigate the survival rates of the foreign subsidiaries of multinational firms from India to test if affiliation to a business group affects a subsidiary's survival chances. Business group affiliation is an important organizational attribute of firms in emerging economies. Business groups are complex organizations with heterogeneous resources that evolve along with changes in the institutional environment of a firm's home country. We examine how business group affiliation and the development stage of the host country jointly influence the survival chances of foreign subsidiaries. Our results show that business group affiliation does not have an independent influence on a subsidiary's survival rates, but it does have a contingent effect, where the contingency emerges from the development stage of the host country. Our findings thus have implications for the theory of TMNCs, and business group strategy in emerging economies. © 2007 Elsevier Inc. All rights reserved.
Source Title: Journal of International Management
URI: http://scholarbank.nus.edu.sg/handle/10635/44399
ISSN: 10754253
DOI: 10.1016/j.intman.2007.05.007
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