The Effect Of Populism On Foreign Direct Investments: A Stakeholder Capture Perspective
Nov
13
2024
Inizio: Nov 13 | 12:15 pm
Fine : Nov 13 | 01:45 pm
Categoria: Tag:Via Lambruschini, 4B 20156 Milano MI
Lunch Seminar in presence
Building BL26 – Room 0.19 (ground floor)
Department of Management, Economics and Industrial Engineering
Via R. Lambruschini 4/B, 20156 Milano
Angelo Solarino
Durham University, UK
Abstract:
In recent years, populist movements have gained traction globally, influencing public debate and elections. While their impact on politics and international relations has been studied, little attention has been given to their effect on cross-border investment. This article assesses how populism affects multinational enterprises’ decisions on foreign direct investments (FDIs), integrating a stakeholder perspective and the eclectic paradigm. Populism reshapes stakeholder roles and alters perceptions of location advantages, significantly impacting FDIs. We disaggregate populism into anti-elitism, sovereignty, and homogeneity, finding that while populism generally negatively affects FDIs, some components have a positive effect. Our hypotheses were tested through four studies at various levels using different samples and methodologies. We discuss theoretical implications and suggest future research directions.
Angelo M. Solarino is an Associate Professor Strategy at Durham University in the UK and has a joint appointment in Corporate Governance at VU Amsterdam. His academic interest lies in exploring the institutional environment’s impact on corporate entities. His research primarily focuses on two areas: first, the influence of environmental factors on board structure, dynamics, and company ownership; Second, how the environmental factors shape the behaviours of multinational enterprises (MNEs). Angelo is deeply engaged in research methodology as well. Angelo’s work has been published in the Journal of International Business Studies, Journal of Management, Journal of Management Studies, and Strategic Management Journal, among others. Beyond his academic pursuits, Angelo is a CrossFit enthusiast.