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Title: Arbitrariness of corruption and foreign affiliate performance: A resource dependence perspective
Authors: Petrou, Andreas 
Keywords: Arbitrariness of corruption;Bank foreign affiliates;Corporate link;Expatriates;Non-market strategies;Performance
Category: Economics and Business
Field: Social Sciences
Issue Date: 1-Jan-2015
Publisher: Elsevier Inc.
Source: Journal of World Business, Volume 50, Issue 4, 1 October 2015, Article number 747, Pages 826-837
Abstract: .Adopting a resource dependence viewpoint, this study investigates how the arbitrariness of corruption in a host country affects subsidiary performance. Analysis of bank foreign affiliates in 37 host countries shows that the negative effect of arbitrariness on affiliate performance is positively moderated by the strength of the sub-unit's corporate link, and the average number of expatriate managers appointed at the sub-unit. This study extends the literature on corruption by exploring a subtle but damaging dimension for foreign entrants and provides cues to managers for the proactive measures to take when they are likely to experience the arbitrariness of corruption.
Rights: © 2015 Elsevier Inc.
Type: Article
Appears in Collections:Άρθρα/Articles

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