We propose that the establishment of a host-country headquarters (HCHQ) in a large emerging market can be viewed as part of a multinational enterprise's (MNE) political strategy to facilitate its within-country diversifications by reducing institutional intervention of the host government. Using...

What explains the heterogeneity of foreign subsidiary performance? Previous studies have emphasized the importance of industry, corporate parent, and home-country effects on the variation of foreign subsidiary performance. Building on recent international business and economic geography...

We argue that a multinational enterprise’s (MNE’s) location choice for its host-country headquarters (HCHQ) in the geographic space of the host country is determined by the interplay between the strategic roles of HCHQ in the organizational space of the MNE and the institutional space...