TY - JOUR
T1 - Within-country Religious Diversity and the Performance of Private Participation Infrastructure Projects
AU - Jiménez, Alfredo
AU - Jiang, Guoliang Frank
AU - Petersen, Bent
AU - Gammelgaard, Jens
N1 - Published online: 6. October 2018
PY - 2019/2
Y1 - 2019/2
N2 - 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.
AB - 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.
KW - Within-country religious diversity
KW - Private participation infrastructure project
KW - Multinational enterprise
KW - Within-country religious diversity
KW - Private participation infrastructure project
KW - Multinational enterprise
U2 - 10.1016/j.jbusres.2018.08.027
DO - 10.1016/j.jbusres.2018.08.027
M3 - Journal article
SN - 0148-2963
VL - 95
SP - 13
EP - 25
JO - Journal of Business Research
JF - Journal of Business Research
ER -