Developmental Financial Institutions as Catalysts of Entrepreneurship in Emerging Economies
用利益相关者理论分析新兴经济体私有化后,不同利益相关者对发展金融机构支持的偏好,以及国家发展优先事项如何影响发展金融机构参与治理,进而影响价值创造和创业。
With ongoing privatization efforts in emerging economies, governments have supported developmental financial institutions (DFIs) to spur entrepreneurial activity. The authors use stakeholder theory to suggest that postprivatization stakeholders differ in their preference to seek DFI support. The authors then posit that national developmental priorities influence the DFI's willingness to be involved in the governance of the privatized firm, and they discuss implications of DFI involvement for value creation and entrepreneurship in emerging economies.