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TABLE OF CONTENTS
1. Executive summary ......................................................................................... 4
2. Literature search .............................................................................................. 5
3. Background ..................................................................................................... 6
4. Formal institutional frameworks ....................................................................... 8
4.1. Overview...……………………………………………………………………8
4.2. Evaluation of the determinants to the success or failure of an MNE in a
formal institution and key implications for management action of formal
institutions.............................................................................................. 9
5. Informal institutional frameworks ................................................................... 10
5.1. Overview……..……………………………………………………………..11
5.2. Evaluation of the determinants to the success or failure of an MNE in an
informal institution and key implications for management action of
informal institutions ............................................................................. 13
6. Conclusions ................................................................................................... 16
7. Bibliography ................................................................................................... 17
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