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Pro-market institutions and global strategy
by
Singh, Deeksha
, Cuervo-Cazurra, Alvaro
, Gaur, Ajai
in
Business and Management
/ Business Strategy/Leadership
/ Causality
/ Change agents
/ Changes
/ Companies
/ Diversification
/ Economic development
/ Economic reform
/ Globalization
/ Individual differences
/ Institutional change
/ Institutions
/ International Business
/ Literature reviews
/ Management
/ Markets
/ Moderators
/ Multinational corporations
/ Organization
/ Organizational effectiveness
/ Political systems
/ Reforms
/ REVIEW ARTICLE
/ Strategies
2019
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Pro-market institutions and global strategy
by
Singh, Deeksha
, Cuervo-Cazurra, Alvaro
, Gaur, Ajai
in
Business and Management
/ Business Strategy/Leadership
/ Causality
/ Change agents
/ Changes
/ Companies
/ Diversification
/ Economic development
/ Economic reform
/ Globalization
/ Individual differences
/ Institutional change
/ Institutions
/ International Business
/ Literature reviews
/ Management
/ Markets
/ Moderators
/ Multinational corporations
/ Organization
/ Organizational effectiveness
/ Political systems
/ Reforms
/ REVIEW ARTICLE
/ Strategies
2019
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Do you wish to request the book?
Pro-market institutions and global strategy
by
Singh, Deeksha
, Cuervo-Cazurra, Alvaro
, Gaur, Ajai
in
Business and Management
/ Business Strategy/Leadership
/ Causality
/ Change agents
/ Changes
/ Companies
/ Diversification
/ Economic development
/ Economic reform
/ Globalization
/ Individual differences
/ Institutional change
/ Institutions
/ International Business
/ Literature reviews
/ Management
/ Markets
/ Moderators
/ Multinational corporations
/ Organization
/ Organizational effectiveness
/ Political systems
/ Reforms
/ REVIEW ARTICLE
/ Strategies
2019
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Journal Article
Pro-market institutions and global strategy
2019
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Overview
We review the literature analyzing the impact of pro-market institutions on firms’ global strategy. We propose that the ideological tension between whether the government or the market should drive economic development results in a pendulum of pro-market reforms and reversals that drive changes in firm strategy and performance. Much progress has been made in the analyses of pro-market reforms and their impact on firms’ international strategies and performance. However, there is a need to further learn about four areas: (1) the concept of pro-market institutions, in particular the variety of institutional dimensions, the measures, and the influence of informal institutions on firm strategies; (2) the drivers of changes in pro-market institutions, especially firms’ influences and the co-evolution of firm strategies and institutional changes; (3) the implications of changes in pro-market reforms for the interactions among integration, diversification, and internationalization strategies, the causality chains connecting institutions and strategies, and the reconfiguration of activities globally; and (4) the nontraditional moderators that alter the impact of pro-market institutional dynamics on firms’ strategies, such as country-level political systems, industry-level competitor reactions, and individual-level managerial capabilities and perceptions.
Publisher
Springer Science + Business Media,Palgrave Macmillan UK,Palgrave Macmillan
Subject
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