In this study we have argued that MNEs in emerging economies face a different institutional environment which needs to be understood for its economic success. The performance of MNEs depends on both the ability of its managers to shape the public policies of their host government and their...

Based on a systematic review of the last 20 years of empirical research grounded in institutional theory, we identify some of the main norms of conducting research in this literature. The level of institutions, the formal/informal institutional pillars and the direction of effects are the...