Within-country religious diversity and the performance of private participation infrastructure projects

被引:27
|
作者
Jimenez, Alfredo [1 ]
Jiang, Guoliang Frank [2 ]
Petersen, Bent [3 ]
Gammelgaard, Jens [4 ]
机构
[1] Kedge Business Sch, Dept Management, 680 Cours Liberat, Talence, France
[2] Carleton Univ, Sprott Sch Business, 1717 Dunton Tower,1125 Colonel By Dr, Ottawa, ON, Canada
[3] Copenhagen Business Sch, Dept Int Econ Govt & Business, Kilevej 14, DK-2000 Frederiksberg, Denmark
[4] Copenhagen Business Sch, Dept Int Econ Govt & Business, Porcelaenshaven 24, DK-2000 Frederiksberg, Denmark
关键词
Within-country religious diversity; Private participation infrastructure project; Multinational enterprise; CULTURAL DISTANCE; INTERNATIONAL-BUSINESS; PSYCHIC DISTANCE; IMPACT; RISK; PRIVATIZATION; EXPERIENCE; OWNERSHIP; LIABILITY; KNOWLEDGE;
D O I
10.1016/j.jbusres.2018.08.027
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper investigates the impact of within-country religious diversity on the performance of private participation infrastructure projects. Our analysis of 8139 projects in 33 countries (1990-2014) shows that higher levels of within-country religious diversity are associated with a higher risk of project failure. This negative effect is exacerbated in greenfield projects and when a project's main sponsor is a foreign firm. In contrast, we find no moderation effect for local government ownership. The study contributes to the ongoing debate regarding the effects of within-country diversity on foreign business ventures.
引用
收藏
页码:13 / 25
页数:13
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