Time to Move On?: The Impact of Institutions and Economic Crises on Headquarter Mobility

Alfredo  Valentino; Phillip Nell; Jasper Hotho; Matteo Giuliano  Caroli

Time to Move On? The Impact of Institutions and Economic Crises on Headquarter Mobility

Alfredo Valentino, Phillip Nell, Jasper Hotho, Matteo Giuliano Caroli

LUISS Guido Carli - Libera Università Internazionale degli Studi Sociali Guido Carli

Research output: Chapter in Book/Report/Conference proceeding › Conference abstract in proceedings › Research › peer-review

Abstract

Building on prior research, we examine theoretically the institutional factors that push top managers to relocate HQ units overseas. To this end, we first discuss how coercive, isomorphic, and normative pressures may differentially affect HQ relocation decisions. Subsequently, we consider how economic crises influence the effects of the institutional factors in our model. We argue that economic crises have a dual effect on the international configuration of HQ activities. First, during times of crisis, we expect firms to react stronger to coercive, isomorphic, and normative pressures. Second, we expect economic crises to decrease the overall institutional quality in a given country context, pushing firms to move out. Our theoretical framework contributes to an improved understanding of how institutional factors influence firm behaviour under varying environmental conditions. Furthermore, we contribute to the literature on the role of economic crises in shaping economic organization.

Original language	English
Title of host publication	Proceedings of the 55th Annual Meeting of the Academy of International Business
Editors	Patricia McDougall-Covin, Tunga Kiyak
Place of Publication	East Lansing, MI
Publisher	Academy of International Business
Publication date	2013
Pages	133
Publication status	Published - 2013
Event	AIB 2013 Annual Meeting : Bridging the Divide: Linking IB to Complementary Disciplines and Practice - Sabancı University, Koç University, and Özyeğin University, Istanbul, Turkey Duration: 3 Jul 2013 → 6 Jul 2013 Conference number: 55 http://aib.msu.edu/events/2013/

Conference

Conference	AIB 2013 Annual Meeting
Number	55
Location	Sabancı University, Koç University, and Özyeğin University
Country/Territory	Turkey
City	Istanbul
Period	03/07/2013 → 06/07/2013
Internet address	http://aib.msu.edu/events/2013/

Series	Academy of International Business. Annual Meeting. Proceedings
Volume	55
ISSN	2078-4430

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http://aib.msu.edu/events/2013/pdfs/AIB2013_Proceedings.pdf

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Valentino, A., Nell, P., Hotho, J., & Caroli, M. G. (2013). Time to Move On? The Impact of Institutions and Economic Crises on Headquarter Mobility. In P. McDougall-Covin, & T. Kiyak (Eds.), Proceedings of the 55th Annual Meeting of the Academy of International Business (pp. 133). Academy of International Business. http://aib.msu.edu/events/2013/pdfs/AIB2013_Proceedings.pdf

Valentino, Alfredo ; Nell, Phillip ; Hotho, Jasper et al. / Time to Move On? The Impact of Institutions and Economic Crises on Headquarter Mobility. Proceedings of the 55th Annual Meeting of the Academy of International Business. editor / Patricia McDougall-Covin ; Tunga Kiyak. East Lansing, MI : Academy of International Business, 2013. pp. 133 (Academy of International Business. Annual Meeting. Proceedings, Vol. 55).

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abstract = "Building on prior research, we examine theoretically the institutional factors that push top managers to relocate HQ units overseas. To this end, we first discuss how coercive, isomorphic, and normative pressures may differentially affect HQ relocation decisions. Subsequently, we consider how economic crises influence the effects of the institutional factors in our model. We argue that economic crises have a dual effect on the international configuration of HQ activities. First, during times of crisis, we expect firms to react stronger to coercive, isomorphic, and normative pressures. Second, we expect economic crises to decrease the overall institutional quality in a given country context, pushing firms to move out. Our theoretical framework contributes to an improved understanding of how institutional factors influence firm behaviour under varying environmental conditions. Furthermore, we contribute to the literature on the role of economic crises in shaping economic organization.",

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Valentino, A, Nell, P, Hotho, J & Caroli, MG 2013, Time to Move On? The Impact of Institutions and Economic Crises on Headquarter Mobility. in P McDougall-Covin & T Kiyak (eds), Proceedings of the 55th Annual Meeting of the Academy of International Business. Academy of International Business, East Lansing, MI, Academy of International Business. Annual Meeting. Proceedings, vol. 55, pp. 133, AIB 2013 Annual Meeting , Istanbul, Turkey, 03/07/2013. <http://aib.msu.edu/events/2013/pdfs/AIB2013_Proceedings.pdf>

Time to Move On? The Impact of Institutions and Economic Crises on Headquarter Mobility. / Valentino, Alfredo ; Nell, Phillip; Hotho, Jasper et al.
Proceedings of the 55th Annual Meeting of the Academy of International Business. ed. / Patricia McDougall-Covin; Tunga Kiyak. East Lansing, MI: Academy of International Business, 2013. p. 133 (Academy of International Business. Annual Meeting. Proceedings, Vol. 55).

Research output: Chapter in Book/Report/Conference proceeding › Conference abstract in proceedings › Research › peer-review

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M3 - Conference abstract in proceedings

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Valentino A, Nell P, Hotho J, Caroli MG. Time to Move On? The Impact of Institutions and Economic Crises on Headquarter Mobility. In McDougall-Covin P, Kiyak T, editors, Proceedings of the 55th Annual Meeting of the Academy of International Business. East Lansing, MI: Academy of International Business. 2013. p. 133. (Academy of International Business. Annual Meeting. Proceedings, Vol. 55).