The Impact of Sub-National Institutions on Foreign Firms Market Entry: An Empirical Analysis of the Russian Regions (BestMasters)

Maren Hagemeister examines how institutions influence foreign firms market entry decisions and subsidiary performance in Russian regions. In an empirical study the author analyses the market entries of a sample of European Union firms in the Russian federal districts between 2005 and 2013. The thesis advances prior research with its sub-national perspective on institutions and the use of the thus far underutilized Business Environment and Enterprise Performance Survey (BEEPS) to derive regional data. The findings indicate that within-country differences can significantly affect foreign companies entry mode and success on a local market. Maren Hagemeister earned her bachelors degree in International Cultural and Business Studies at the University of Passau and afterwards graduated from Friedrich-Alexander University Erlangen-Nrnberg with a Master of Science in International Business Studies in 2018. Objective and relevance of this study for entry mode research in Russia.- Application and review of institutional theory, transaction cost theory and entry mode research.- Data and research methodology based on the BEEPS project und Bureau van Dijk data.- Contributions, methodological limitations, theoretical and managerial implications.