Institutional relatedness, resources acquisition, and performance outcomes of Chinese multinational companies

Masaaki Kotabe; Crystal Xiangwen Jiang; Janet Y. Murray

Institutional relatedness, resources acquisition, and performance outcomes of Chinese multinational companies

Masaaki Kotabe^*, Crystal Xiangwen Jiang, Janet Y. Murray

^*Corresponding author for this work

Research output: Contribution to conference › Paper › peer-review

2 Citations (Scopus)

Abstract

This study examines whether the institutional relatedness of multinational corporations from emerging economies (EMNCs) helps them acquire critical resources (e.g., social capital and market capital) which, in turn, affect performance outcomes. Using a sample of 121 Chinese multinational corporations, this research shows that Guanxi building with Chinese government officials confers resource capital; however, it fails to sustain firms¡̄ competitive advantage. Our results also confirm that a firm¡̄s capability plays a critical role in its technological performance, which suggests that firms must enhance internal capabilities to create firm value.

Original language	English
Publication status	Published - 2008
Externally published	Yes
Event	68th Annual Meeting of the Academy of Management, AOM 2008 - Anaheim, CA, United States Duration: 2008 Aug 8 → 2008 Aug 13

Conference

Conference	68th Annual Meeting of the Academy of Management, AOM 2008
Country/Territory	United States
City	Anaheim, CA
Period	08/8/8 → 08/8/13

Keywords

Emerging market MNCs
Informal relations
Resource and capability

ASJC Scopus subject areas

Management Information Systems
Management of Technology and Innovation

Cite this

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title = "Institutional relatedness, resources acquisition, and performance outcomes of Chinese multinational companies",

abstract = "This study examines whether the institutional relatedness of multinational corporations from emerging economies (EMNCs) helps them acquire critical resources (e.g., social capital and market capital) which, in turn, affect performance outcomes. Using a sample of 121 Chinese multinational corporations, this research shows that Guanxi building with Chinese government officials confers resource capital; however, it fails to sustain firms{\=¡} competitive advantage. Our results also confirm that a firm{\=¡}s capability plays a critical role in its technological performance, which suggests that firms must enhance internal capabilities to create firm value.",

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author = "Masaaki Kotabe and Jiang, {Crystal Xiangwen} and Murray, {Janet Y.}",

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AU - Kotabe, Masaaki

AU - Jiang, Crystal Xiangwen

AU - Murray, Janet Y.

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N2 - This study examines whether the institutional relatedness of multinational corporations from emerging economies (EMNCs) helps them acquire critical resources (e.g., social capital and market capital) which, in turn, affect performance outcomes. Using a sample of 121 Chinese multinational corporations, this research shows that Guanxi building with Chinese government officials confers resource capital; however, it fails to sustain firms¡̄ competitive advantage. Our results also confirm that a firm¡̄s capability plays a critical role in its technological performance, which suggests that firms must enhance internal capabilities to create firm value.

AB - This study examines whether the institutional relatedness of multinational corporations from emerging economies (EMNCs) helps them acquire critical resources (e.g., social capital and market capital) which, in turn, affect performance outcomes. Using a sample of 121 Chinese multinational corporations, this research shows that Guanxi building with Chinese government officials confers resource capital; however, it fails to sustain firms¡̄ competitive advantage. Our results also confirm that a firm¡̄s capability plays a critical role in its technological performance, which suggests that firms must enhance internal capabilities to create firm value.

KW - Emerging market MNCs

KW - Informal relations

KW - Resource and capability

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M3 - Paper

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T2 - 68th Annual Meeting of the Academy of Management, AOM 2008

Y2 - 8 August 2008 through 13 August 2008

ER -

Institutional relatedness, resources acquisition, and performance outcomes of Chinese multinational companies

Abstract

Conference

Keywords

ASJC Scopus subject areas

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