Formal vs. Informal Institutional Distances and the Competitive Advantage of Foreign Subsidiaries in Latin America

Formal vs. Informal Institutional Distances and the Competitive Advantage of Foreign Subsidiaries in Latin America

By focusing on the tacit and explicit characteristics of informal and formal institutional distances, this study investigates the competitive advantage of foreign subsidiary firms from developed countries and emerging markets operating in Latin America. Following recent research on distances in inte...

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Bibliographic Details
Main Authors: Henrique Correa da Cunha, Mohamed Amal, James Mark Viminitz
Format: Article
Language:English
Published: MDPI AG 2022-05-01
Series:Economies
Subjects:
direction of distance
cultural distance
formal institutional distance
asymmetry
Latin America
foreign subsidiary performance
Online Access:https://www.mdpi.com/2227-7099/10/5/114

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