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Familiarity does not breed contempt : curbing subsidiary corruption through a legitimacy-enhanced ownership structure
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dc.contributor.author | Godinez, Jose | |
dc.contributor.author | Sanchez-Barrios , Luis | |
dc.contributor.author | Bandeira de Mello, Rodrigo | |
dc.contributor.author | Khalik, Mahmoud | |
dc.date.accessioned | 2022-12-03T00:40:59Z | |
dc.date.available | 2022-12-03T00:40:59Z | |
dc.date.issued | 2021-06-03 | |
dc.identifier | 274531743 | |
dc.identifier | a1d4252a-9451-4ea3-addc-142228d173f4 | |
dc.identifier | 85107492726 | |
dc.identifier.citation | Godinez , J , Sanchez-Barrios , L , Bandeira de Mello , R & Khalik , M 2021 , ' Familiarity does not breed contempt : curbing subsidiary corruption through a legitimacy-enhanced ownership structure ' , Latin American Business Review , vol. Latest Articles . https://doi.org/10.1080/10978526.2021.1932518 | en |
dc.identifier.issn | 1097-8526 | |
dc.identifier.other | ORCID: /0000-0001-5690-2140/work/95418590 | |
dc.identifier.uri | https://hdl.handle.net/10023/26538 | |
dc.description.abstract | We analyze how the choice of firm ownership structure mitigates the effect of high dependence on a corrupt host government when investing abroad. We draw on a unique dataset of subsidiary-level engagement in corruption of 175 foreign subsidiaries entering three Central American countries. We found that there are two mechanisms to mitigate corrupt behavior when a subsidiary is dependent on a corrupt host government: internal legitimacy that accrues to wholly-owned subsidiaries, and external legitimacy built through a strong regional presence. The effect of dependency on a corrupt host government can be mitigated by enacting internal and external legitimacies. | |
dc.format.extent | 411096 | |
dc.language.iso | eng | |
dc.relation.ispartof | Latin American Business Review | en |
dc.subject | Subsidiary-level corruption | en |
dc.subject | Ownership structure | en |
dc.subject | Resource dependence | en |
dc.subject | Central America | en |
dc.subject | HD28 Management. Industrial Management | en |
dc.subject | E-DAS | en |
dc.subject | SDG 16 - Peace, Justice and Strong Institutions | en |
dc.subject | AC | en |
dc.subject.lcc | HD28 | en |
dc.title | Familiarity does not breed contempt : curbing subsidiary corruption through a legitimacy-enhanced ownership structure | en |
dc.type | Journal article | en |
dc.contributor.institution | University of St Andrews. School of Management | en |
dc.identifier.doi | 10.1080/10978526.2021.1932518 | |
dc.description.status | Peer reviewed | en |
dc.date.embargoedUntil | 2022-12-03 |
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