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The role of state ownership and home government political support in Russian multinationals’ internationalization

Author

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  • Andrei Panibratov
  • Snejina Michailova

Abstract

Purpose - The purpose of this paper is to look into state ownership and political support as two factors that influence the process of internationalization of Russian MNEs. Design/methodology/approach - The authors observe the theory and empirical evidence behind the phenomenon. Findings - The authors find that state ownership and governmental political support are two mechanisms of the transformation of state-owned enterprises (SOEs) to MNEs in Russia. Originality/value - The topic is not covered sufficiently in the literature. The paper is based on the recent findings by the paper co-authors.

Suggested Citation

  • Andrei Panibratov & Snejina Michailova, 2019. "The role of state ownership and home government political support in Russian multinationals’ internationalization," International Journal of Emerging Markets, Emerald Group Publishing Limited, vol. 14(3), pages 436-450, February.
    • Handle: RePEc:eme:ijoemp:ijoem-10-2017-0380
    DOI: 10.1108/IJOEM-10-2017-0380
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    Citations

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    Cited by:

    1. Gammeltoft, Peter & Panibratov, Andrei, 2024. "Emerging market multinationals and the politics of internationalization," International Business Review, Elsevier, vol. 33(3).
    2. Chen, Zibang & Giroud, Axèle & Rygh, Asmund & Han, Xia, 2024. "Chinese SMEs’ location choice and political risk: The moderating role of legitimacy," International Business Review, Elsevier, vol. 33(3).
    3. Utesch-Xiong, Fredrik & Leymann, Gunnar & Lundan, Sarianna M., 2024. "More policy is not always effective policy: How policy coherence affects firm internationalization," International Business Review, Elsevier, vol. 33(3).
    4. Su, Cong & Holm, Ulf & Martín Martín, Oscar, 2024. "Liability of political embeddedness in Chinese multinationals: Implications for headquarters’ roles and reverse knowledge transfer," International Business Review, Elsevier, vol. 33(3).
    5. Garanina, Tatiana & Kim, Oksana, 2023. "The relationship between CSR disclosure and accounting conservatism: The role of state ownership," Journal of International Accounting, Auditing and Taxation, Elsevier, vol. 50(C).
    6. Foroudi, Pantea & Gupta, Suraksha & Patel, Parth & Batsakis, Georgios & Vaatanen, Juha & Czinkota, Michael, 2023. "The effect of home country characteristics on the internationalization of EMNEs: The moderating role of knowledge stock," International Business Review, Elsevier, vol. 32(2).
    7. Andrei Panibratov & Daria Klishevich, 2023. "Emerging market state-owned multinationals: a review and implications for the state capitalism debate," Asian Business & Management, Palgrave Macmillan, vol. 22(1), pages 84-117, February.
    8. Gómez-Mera, Laura & Varela, Gonzalo, 2024. "Emerging market multinationals and international investment agreements," International Business Review, Elsevier, vol. 33(3).

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