Within-country Religious Diversity and the Performance of Private Participation Infrastructure Projects

Alfredo Jiménez; Guoliang Frank Jiang; Bent Petersen; Jens Gammelgaard

doi:10.1016/j.jbusres.2018.08.027

Within-country Religious Diversity and the Performance of Private Participation Infrastructure Projects

Alfredo Jiménez, Guoliang Frank Jiang, Bent Petersen, Jens Gammelgaard

Research output: Contribution to journal › Journal article › Research › peer-review

Abstract

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.

Original language	English
Journal	Journal of Business Research
Volume	95
Pages (from-to)	13-25
Number of pages	13
ISSN	0148-2963
DOIs	https://doi.org/10.1016/j.jbusres.2018.08.027
Publication status	Published - Feb 2019

Bibliographical note

Published online: 6. October 2018

Keywords

Within-country religious diversity
Private participation infrastructure project
Multinational enterprise

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10.1016/j.jbusres.2018.08.027Licence: Unspecified

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Cite this

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title = "Within-country Religious Diversity and the Performance of Private Participation Infrastructure Projects",

abstract = "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.",

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