Publication Type
Journal Article
Version
acceptedVersion
Publication Date
7-2000
Abstract
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.
Keywords
Financial institutions, entrepreneurship, privatization
Discipline
Business | Entrepreneurial and Small Business Operations | Strategic Management Policy
Research Areas
Strategy and Organisation
Publication
Academy of Management Review
Volume
25
Issue
3
First Page
620
Last Page
630
ISSN
0001-4273
Identifier
10.5465/AMR.2000.3363529
Publisher
Academy of Management
Citation
GEORGE, Gerard and PRABHU, Ganesh N..
Developmental Financial Institutions as Catalysts of Entrepreneurship in Emerging Economies. (2000). Academy of Management Review. 25, (3), 620-630.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/4631
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://doi.org/10.5465/AMR.2000.3363529
Included in
Entrepreneurial and Small Business Operations Commons, Strategic Management Policy Commons