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 journalJournal article

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 languageEnglish
JournalJournal of Business Research
Volume95
Pages (from-to)13-25
Number of pages13
ISSN0148-2963
DOIs
Publication statusPublished - Feb 2019

Bibliographical note

Published online: 6. October 2018

Keywords

  • Within-country religious diversity
  • Private participation infrastructure project
  • Multinational enterprise

Cite this