Leaving home: An institutional perspective on intermediary HQ relocations

Valentino, Alfredo and Schmitt, Jan and Koch, Benno and Nell, Phillip C. (2018) Leaving home: An institutional perspective on intermediary HQ relocations. Journal of World Business. pp. 1-39. ISSN 1090-9516


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We investigate the effect of changing national institutions on relocations of intermediary HQs. Using a dataset of 154 cross-border relocations between the period from 2000 to 2015, we draw on the intermediary HQ's middle position within the MNC and investigate how a decrease in institutional quality in the HQ's host country and a change in institutional distance between different MNC units affect the relocation decision. Our findings advance the emergent literature on HQ relocations as well as our knowledge of intermediary HQs and the effect of changing institutions on organizational location choices. Beyond our theoretical contributions, we offer policy and managerial implications.

Item Type: Article
Additional Information: This work was partially supported by a fund from Erste Bank, Austria [grant number: 11000177]. This article is in press - a corrected proof, available online 18 September 2018. To see the final version of this paper please visit the publisher's website. Access to the published version requires a subscription.
Keywords: HQ relocation; intermediary headquarters; institutional quality; ICRG; institutional distance; national governance system
Divisions: Departments > Welthandel > International Business > Nell
Kompetenzzentren > Emerging Markets and CEE
Version of the Document: Accepted for Publication
Depositing User: Gertraud Novotny
Date Deposited: 27 Sep 2018 10:57
Last Modified: 18 Sep 2020 04:44
Related URLs:
FIDES Link: https://bach.wu.ac.at/d/research/results/87044/
URI: https://epub.wu.ac.at/id/eprint/6535


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