Sergey Lebedev
Published: 2016
Total Pages: 196
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This dissertation consists of three essays that explore the influence of institutional and relational factors on firm-level outcomes in different contexts. The first essay, “Ownership and status imbalance behind firm value gain from joint ventures” (Chapter 2), focuses on power imbalance in strategic alliances (joint ventures). Using a sample of U.S. firms, we distinguish ownership control, institutional status, and network status differences as dimensions of power imbalance in alliances and examine their influence on firm value gain. The second essay, “Subnational institutional differences and R&D-performance relationship in an emerging economy” (Chapter 3), investigates how subnational (intra-country) institutional development in a novel country context—Russia—may alter the relationship between research and development (R&D) and firm performance. The third essay, “Board political ties, CEO political ties, and firm internationalization” (Chapter 4), focuses on political ties and explores the interaction between the board political ties and CEO political ties in relation to firm internationalization in China. Overall, this dissertation, by leveraging data from the United States, Russia, and China, contributes to the literature on the institution-based view by showing how institutional and relational factors may be jointly considered to explain a variety of firm-level outcomes.