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Essays On The Relationship Between Host Market Corruption And Multinational Enterprise Strategy, Michael A. Sartor

Electronic Thesis and Dissertation Repository

This dissertation is guided by three research questions. First, how does host market corruption impact the equity-based market entry strategies implemented by multinational enterprises (MNEs) with respect to their foreign subsidiary investments? Second, does host market corruption increase the likelihood of market exit? Third, can MNEs implement strategies which reduce the likelihood of market exit under conditions of more pervasive host market corruption?

In the first essay, I synthesize insights from institutional theory and integrative social contracts theory to dis-aggregate the concept of government corruption into two dimensions (grand and petty). My theory pertaining to informal …