Political activity and firm performance within nonmarket research: A review and international comparative assessment
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- João Albino-Pimentel & Jennifer Oetzel & Chang Hoon Oh & Nicholas A. Poggioli, 2021. "Positive institutional changes through peace: The relative effects of peace agreements and non-market capabilities on FDI," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 52(7), pages 1256-1278, September.
- Iiris Saittakari & Tiina Ritvala & Rebecca Piekkari & Perttu Kähäri & Sami Moisio & Tomas Hanell & Sjoerd Beugelsdijk, 2023. "A review of location, politics, and the multinational corporation: Bringing political geography into international business," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 54(6), pages 969-995, August.
- Kshitij Awasthi & Sai Yayavaram & Rejie George & Trilochan Sastry, 2025. "Political connections and profit persistence in India," Asia Pacific Journal of Management, Springer, vol. 42(2), pages 919-967, June.
- Menghang Dong, 2017. "Does Corporate Political Activity Make Firms Less Risk Taking?," Advances in Management and Applied Economics, SCIENPRESS Ltd, vol. 7(6), pages 1-1.
- Benischke, Mirko H. & Guldiken, Orhun & Doh, Jonathan P. & Martin, Geoffrey & Zhang, Yanze, 2022. "Towards a behavioral theory of MNC response to political risk and uncertainty: The role of CEO wealth at risk," Journal of World Business, Elsevier, vol. 57(1).
- Cephas Tetteh & Misagh Tasavori & Charan R. Bhattarai & Reza Zaefarian & Tazeeb Rajwani, 2024. "How do environmental factors shape entrepreneurial intention? A review and future research," International Entrepreneurship and Management Journal, Springer, vol. 20(4), pages 2955-2977, December.
- Gammeltoft, Peter & Panibratov, Andrei, 2024. "Emerging market multinationals and the politics of internationalization," International Business Review, Elsevier, vol. 33(3).
- Rodgers, Peter & Vershinina, Natalia & Khan, Zaheer & Stokes, Peter, 2022. "Small firms’ non-market strategies in response to dysfunctional institutional settings of emerging markets," International Business Review, Elsevier, vol. 31(4).
- Shirodkar, Vikrant & Liedong, Tahiru Azaaviele & Rajwani, Tazeeb & Lawton, Thomas C., 2024. "MNE nonmarket strategy in a changing world: Complexities, varieties, and a values-based approach," International Business Review, Elsevier, vol. 33(2).
- Habib, Ahsan & Ranasinghe, Dinithi & Muhammadi, Abdul Haris & Islam, Ainul, 2018. "Political connections, financial reporting and auditing: Survey of the empirical literature," Journal of International Accounting, Auditing and Taxation, Elsevier, vol. 31(C), pages 37-51.
- Heidenreich, Stefan & Mohr, Alexander & Puck, Jonas, 2015. "Political strategies, entrepreneurial overconfidence and foreign direct investment in developing countries," Journal of World Business, Elsevier, vol. 50(4), pages 793-803.
- Fernhaber, Stephanie A. & Zou, Huan, 2022. "Advancing societal grand challenge research at the interface of entrepreneurship and international business: A review and research agenda," Journal of Business Venturing, Elsevier, vol. 37(5).
- Shao-Chi Chang & Tien-Ho Cheng, 2026. "Political Risk, Bargaining Power, and the Target Selection of Cross-Border Acquisitions," Management International Review, Springer, vol. 66(1), pages 83-128, February.
- Liedong, Tahiru Azaaviele & Aghanya, Daniel & Jimenez, Alfredo & Rajwani, Tazeeb, 2023. "Corporate political activity and bribery in Africa: Do internet penetration and foreign ownership matter?," Journal of Business Research, Elsevier, vol. 154(C).
- Naoki Yasuda & Hitoshi Mitsuhashi, 2017. "Learning from Political Change and the Development of MNCs’ Political Capabilities: Evidence from the Global Mining Industry," Management International Review, Springer, vol. 57(5), pages 749-774, October.
- Rajwani, Tazeeb & Hartwell, Christopher A. & Stephens, Melodena & Chen, Tao, 2026. "Corporate military activities and key frontiers in international business research," Journal of World Business, Elsevier, vol. 61(1).
- Donbesuur, Francis & Zahoor, Nadia & Al-Tabbaa, Omar & Adomako, Samuel & Tarba, Shlomo Y., 2023. "On the performance of platform-based international new ventures: The roles of non-market strategies and managerial competencies," Journal of International Management, Elsevier, vol. 29(2).
- Christofi, Michael & Pereira, Vijay & Vrontis, Demetris & Tarba, Shlomo & Thrassou, Alkis, 2021. "Agility and flexibility in international business research: A comprehensive review and future research directions," Journal of World Business, Elsevier, vol. 56(3).
- Zhang, Wenwen & Chiu, Yi-Bin & Hsiao, Cody Yu-Ling, 2022. "Effects of country risks and government subsidies on renewable energy firms’ performance: Evidence from China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 158(C).
- Fjellström, Daniella & Bai, Wensong & Oliveira, Luis & Fang, Tony, 2023. "Springboard internationalisation in times of geopolitical tensions," International Business Review, Elsevier, vol. 32(6).
- Barron, Andrew & Pereda, Asier & Stacey, Stephen, 2017. "Exploring the performance of government affairs subsidiaries: A study of organisation design and the social capital of European government affairs managers at Toyota Motor Europe and Hyundai Motor Company in Brussels," Journal of World Business, Elsevier, vol. 52(2), pages 184-196.
- White, George O. & Fainshmidt, Stav & Rajwani, Tazeeb, 2018. "Antecedents and Outcomes of Political Tie Intensity: Institutional and Strategic Fit Perspectives," Journal of International Management, Elsevier, vol. 24(1), pages 1-15.
- Banerjee, Shantanu & Venaik, Sunil & Brewer, Paul, 2019. "Analysing corporate political activity in MNC subsidiaries through the integration-responsiveness framework," International Business Review, Elsevier, vol. 28(5), pages 1-1.
- Yapici, Nilufer & Hudson, Bryant Ashley, 2020. "Generating a Scandal: Non-market Activity to Stop a Cross-Border Merger and Acquisition," Journal of International Management, Elsevier, vol. 26(3).
- Müllner, Jakob & Puck, Jonas, 2018. "Towards a holistic framework of MNE–state bargaining: A formal model and case-based analysis," Journal of World Business, Elsevier, vol. 53(1), pages 15-26.
- Daeheon Choi & Chune Young Chung & Soon-Ihl Samuel Hong & Jason Young, 2020. "The Role of Political Collusion in Corporate Performance in the Korean Market," Sustainability, MDPI, vol. 12(5), pages 1-18, March.
- Curchod, Corentin & Patriotta, Gerardo & Wright, Mike, 2020. "Self-categorization as a nonmarket strategy for MNE subsidiaries: Tracking the international expansion of an online platform," Journal of World Business, Elsevier, vol. 55(3).
- Liedong, Tahiru Azaaviele & Rajwani, Tazeeb & Lawton, Thomas C., 2020. "Information and nonmarket strategy: Conceptualizing the interrelationship between big data and corporate political activity," Technological Forecasting and Social Change, Elsevier, vol. 157(C).
- Ziad F. Elsahn & Maureen Benson-Rea, 2018. "Political Schemas and Corporate Political Activities During Foreign Market Entry: A Micro-process Perspective," Management International Review, Springer, vol. 58(5), pages 771-811, October.
- Sumon Kumar Bhaumik & Saul Estrin & Rajneesh Narula, 2024.
"Integrating host-country political heterogeneity into MNE–state bargaining: insights from international political economy,"
Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 55(2), pages 157-171, March.
- Bhaumik, Sumon & Estrin, Saul & Narula, Rajneesh, 2023. "Integrating host-country political heterogeneity into MNE-state bargaining: insights from international political economy," LSE Research Online Documents on Economics 120160, London School of Economics and Political Science, LSE Library.
- Tahiru Azaaviele Liedong, 2021. "Responsible Firm Behaviour in Political Markets: Judging the Ethicality of Corporate Political Activity in Weak Institutional Environments," Journal of Business Ethics, Springer, vol. 172(2), pages 325-345, August.
- Sumon Kumar Bhaumik & Nigel Driffield & Saul Estrin & Zarlasht M. Razeq, 2025.
"Geopolitical alignment, outside options, and inward FDI: an integrated framework and policy pathways,"
Journal of International Business Policy, Palgrave Macmillan, vol. 8(2), pages 137-154, June.
- Bhaumik, Sumon Kumar & Driffield, Nigel & Estrin, Saul & Razeq, Zarlasht M., 2025. "Geopolitical alignment, outside options, and inward FDI: an integrated framework and policy pathways," LSE Research Online Documents on Economics 127373, London School of Economics and Political Science, LSE Library.
- Lee, Jeoung Yul & Jiménez, Alfredo & Choi, Seong-jin & Choi, Yun Hyeong, 2022. "Ideological polarization and corporate lobbying activity: The contingent impact of corruption distance," Journal of Business Research, Elsevier, vol. 141(C), pages 448-461.
- Shantanu Banerjee & Sunil Venaik, 2018. "The Effect of Corporate Political Activity on MNC Subsidiary Legitimacy: An Institutional Perspective," Management International Review, Springer, vol. 58(5), pages 813-844, October.
- Ko, Guihan & Amankwah-Amoah, Joseph & Appiah, Gloria & Larimo, Jorma, 2022. "Non-market strategies and building digital trust in sharing economy platforms," Journal of International Management, Elsevier, vol. 28(1).
- Nathaniel Boso & Joseph Amankwah-Amoah & Dominic Essuman & Oluwaseun E. Olabode & Patience Bruce & Magnus Hultman & James Kofi Kutsoati & Ogechi Adeola, 2023. "Configuring political relationships to navigate host-country institutional complexity: Insights from Anglophone sub-Saharan Africa," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 54(6), pages 1055-1089, August.
- Kshitij Awasthi & Rejie George, 2021. "Influence Capital in Boards: a study of ex-bureaucrats in India," Asia Pacific Journal of Management, Springer, vol. 38(4), pages 1525-1559, December.
- Shen, Yi & Giroud, Axèle & Han, Xia, 2025. "Navigating turbulent waters: A literature review of socio-political risks and multinational enterprises’ nonmarket strategies," International Business Review, Elsevier, vol. 34(6).
- Peter Rodgers & Peter Stokes & Shlomo Tarba & Zaheer Khan, 2019. "The Role of Non-market Strategies in Establishing Legitimacy: The Case of Service MNEs in Emerging Economies," Management International Review, Springer, vol. 59(4), pages 515-540, August.
- Rasha A. A. ElNaggar & Mayar Farrag ElSayed, 2023. "Drivers of business model innovation in micro and small enterprises: evidence from Egypt as an emerging economy," Future Business Journal, Springer, vol. 9(1), pages 1-17, December.
- Hammad Riaz & Abubakr Saeed & Tahiru Azaaviele Liedong & Tazeeb Rajwani, 2022. "Environmental management, nonmarket strategy, and firm performance in emerging markets: The case of ISO 14001," Business Ethics, the Environment & Responsibility, John Wiley & Sons, Ltd., vol. 31(1), pages 139-163, January.
- Zhihua Cheng & Feng Wang & Christine Keung & Yongxiu Bai, 2017. "Will Corporate Political Connection Influence the Environmental Information Disclosure Level? Based on the Panel Data of A-Shares from Listed Companies in Shanghai Stock Market," Journal of Business Ethics, Springer, vol. 143(1), pages 209-221, June.
- Qi, Guoyou & Zou, Hailiang & Xie, Xuemei & Meng, Xiaohua & Fan, Tijun & Cao, Yuanhe, 2020. "Obedience or escape: Examining the contingency influences of corruption on firm exports," Journal of Business Research, Elsevier, vol. 106(C), pages 261-272.
- Jooyoung Kwak & Shih-Yi Chang & Meihui Jin, 2023. "The effects of political ties on innovation performance in China: Differences between central and local governments," Asian Business & Management, Palgrave Macmillan, vol. 22(1), pages 300-329, February.
- Mirko H. Benischke & Ajay Bhaskarabhatla, 2024. "Negative Incentives and Regulatory Capture: Noncompliance with Price Ceilings on Essential Medicines in India," Journal of Management Studies, Wiley Blackwell, vol. 61(2), pages 336-374, March.
- Mithani, Murad A., 2024. "Nationalistic political rhetoric: measurement and preliminary insights," Journal of International Management, Elsevier, vol. 30(2).
- Adomako, Samuel & Abdelgawad, Sondos G. & Ahsan, Mujtaba & Amankwah-Amoah, Joseph & Azaaviele Liedong, Tahiru, 2023. "Nonmarket strategy in emerging markets: The link between SMEs’ corporate political activity, corporate social responsibility, and firm competitiveness," Journal of Business Research, Elsevier, vol. 160(C).
- Klopf, Patricia & Nell, Phillip C., 2018. "How “space” and “place” influence subsidiary host country political embeddedness," International Business Review, Elsevier, vol. 27(1), pages 186-197.
- Petrou, Andreas P., 2015. "Arbitrariness of corruption and foreign affiliate performance: A resource dependence perspective," Journal of World Business, Elsevier, vol. 50(4), pages 826-837.
- Tahiru Azaaviele Liedong, 2022. "The Liability of Tribe in Corporate Political Activity: Ethical Implications for Political Contestability," Journal of Business Ethics, Springer, vol. 181(3), pages 623-644, December.
- Valentino, Alfredo & Mayrhofer, Ulrike & Caroli, Matteo, 2022. "Internal and external drivers of anticorruption policies in multinationals," International Business Review, Elsevier, vol. 31(6).
- Tahiru Azaaviele Liedong & Jedrzej George Frynas, 2018. "Investment Climate Constraints as Determinants of Political Tie Intensity in Emerging Countries: Evidence from Foreign Firms in Ghana," Management International Review, Springer, vol. 58(5), pages 675-703, October.
- Müllner, Jakob, 2016. "From uncertainty to risk—A risk management framework for market entry," Journal of World Business, Elsevier, vol. 51(5), pages 800-814.
- Gao, Yu & Yang, Zhuoer & Huang, Kuo-Feng & Gao, Shanxing & Yang, Wei, 2018. "Addressing the cross-boundary missing link between corporate political activities and firm competencies: The mediating role of institutional capital," International Business Review, Elsevier, vol. 27(1), pages 259-268.
- Saeed, Abubakr & Baloch, Muhammad Saad & Liedong, Tahiru Azaaviele & Rajwani, Tazeeb, 2024. "Board gender diversity, nonmarket strategy and firm performance: Evidence from emerging markets MNCs," Research in International Business and Finance, Elsevier, vol. 71(C).
- Zheng, Weiting & Ang, Siah Hwee & Singh, Kulwant, 2022. "The interface of market and nonmarket strategies: Political ties and strategic competitive actions," Journal of World Business, Elsevier, vol. 57(4).
- Belhoste, Nathalie & Dimitrova, Anna, 2025. "Downward spiral of firms’ political strategies in conflict zones: A process analysis of an MNE's operations during an active civil war," Journal of World Business, Elsevier, vol. 60(4).
- Thomas Wrona & Corinna Sinzig, 2018. "Nonmarket strategy research: systematic literature review and future directions," Journal of Business Economics, Springer, vol. 88(2), pages 253-317, February.
- Jonas Puck & Thomas Lawton & Alexander Mohr, 2018. "The Corporate Political Activity of MNCs: Taking Stock and Moving Forward," Management International Review, Springer, vol. 58(5), pages 663-673, October.
- Riedl, Marcel & Hrib, Michal & Jarský, Vilém & Jarkovská, Martina, 2018. "Media analysis in a case study of Šumava National Park: A permanent dispute among interest groups," Forest Policy and Economics, Elsevier, vol. 89(C), pages 71-79.
- Zhao Wang & Xiaobing Liu & Qinhua Liu, 2019. "Study of the Relationship between Political Connections and Corporate Re-Entrepreneurial Performance," Sustainability, MDPI, vol. 11(15), pages 1-28, July.
- Pei Sun & Jonathan P. Doh & Tazeeb Rajwani & Donald Siegel, 2021. "Navigating cross-border institutional complexity: A review and assessment of multinational nonmarket strategy research," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 52(9), pages 1818-1853, December.
- Chen, Tao & Park, Hyeyoun & Rajwani, Tazeeb, 2024. "Diverse human resource slack and firm innovation: Evidence from politically connected firms," International Business Review, Elsevier, vol. 33(2).
- Chatterjee, Sheshadri & Chaudhuri, Ranjan & Mariani, Marcello & Fosso Wamba, Samuel, 2023. "Examining the role of intellectual capital on knowledge sharing in digital platform-based MNEs and its impact on firm performance," Technological Forecasting and Social Change, Elsevier, vol. 197(C).
- Anna-Lena Maier, 2021. "Political corporate social responsibility in authoritarian contexts," Journal of International Business Policy, Palgrave Macmillan, vol. 4(4), pages 476-495, December.
- Peprah, Augustine Awuah & Atarah, Bede Akorige & Kumodzie-Dussey, Makafui Kwame, 2024. "Nonmarket strategy and legitimacy in institutionally voided environments: The case of Jumia, an African e-commerce giant," International Business Review, Elsevier, vol. 33(2).
- Woon Leong Lin, 2019. "Is Corporate Political Activity an Investment or Agency? An Application of System GMM Approach," Administrative Sciences, MDPI, vol. 9(1), pages 1-22, January.
- Donnelly, Róisín & Manolova, Tatiana S., 2020. "Foreign location decisions through an institutional lens: A systematic review and future research agenda," International Business Review, Elsevier, vol. 29(4).
- van Kranenburg, Hans & Voinea, Cosmina Lelia, 2017. "Nonmarket strategies predictors for foreign firms," Scandinavian Journal of Management, Elsevier, vol. 33(2), pages 82-92.
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- Curran, Louise, 2024. "Investor state dispute settlement (ISDS) and the social licence to operate of international business: An analysis of controversial cases," International Business Review, Elsevier, vol. 33(2).
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- Tian, Xiaocong, 2022. "The art of rhetoric: Host country political hostility and the rhetorical strategies of foreign subsidiaries in developing economies," Journal of World Business, Elsevier, vol. 57(5).
- Shirodkar, Vikrant & Rajwani, Tazeeb & Stadler, Christian & Hautz, Julia & Mayer, Michael C.J., 2022. "Corporate Political Activity and Firm Performance: The Moderating Effects of International and Product Diversification," Journal of International Management, Elsevier, vol. 28(4).
- Vagner Alves Arantes & Saidatou Dicko & Rodrigo Oliveira Soares, 2024. "Firms’ political connections and performance in Brazil and Canada: an analysis of the effect of country institutional factors," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 28(1), pages 63-112, March.
- Albino, Francesca & Doh, Jonathan & Garrone, Paola & Piscitello, Lucia, 2025. "Non-market strategies and firms’ organizational performance. Evidence from the energy sector in Sub-Saharan Africa," Journal of Business Research, Elsevier, vol. 190(C).
- Al-Atwi, Amer Ali & Amankwah-Amoah, Joseph & Khan, Zaheer, 2021. "Micro-foundations of organizational design and sustainability: The mediating role of learning ambidexterity," International Business Review, Elsevier, vol. 30(1).
- Tahiru Azaaviele Liedong & Daniel Aghanya & Tazeeb Rajwani, 2020. "Corporate Political Strategies in Weak Institutional Environments: A Break from Conventions," Journal of Business Ethics, Springer, vol. 161(4), pages 855-876, February.
- Cosmina Lelia Voinea & Hans Kranenburg, 2018. "Feeling the Squeeze: Nonmarket Institutional Pressures and Firm Nonmarket Strategies," Management International Review, Springer, vol. 58(5), pages 705-741, October.
- Andreia Borges & Nelson Ramalho, 2024. "A multi‐level model integrating corporate social responsibility and political activity in the European Union: What are the institutional implications for foreign companies?," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 31(5), pages 4265-4279, September.
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