Institutional voids and new venture performance: The moderating role of founders' political ties

TANTAWY, Ahmed Adel, AMANKWAH‐AMOAH, Joseph and PUTHUSSERRY, Pushyarag (2024). Institutional voids and new venture performance: The moderating role of founders' political ties. European Management Review.

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Official URL: https://onlinelibrary.wiley.com/doi/10.1111/emre.1...
Open Access URL: https://onlinelibrary.wiley.com/doi/epdf/10.1111/e... (Published version)
Link to published version:: https://doi.org/10.1111/emre.12644

Abstract

Building on the institutional voids (IVs) and resource‐dependence perspectives, this study examines the moderating impact of new business founders' political ties on the relationship between IVs and new venture performance (NVP). We developed and tested a unique model using data obtained from 309 new ventures in the MENA region, specifically Egypt. The results demonstrate that founders' political ties enhance firms' complementary assets and mitigate the negative effects of IVs on NVP in developing markets. The theoretical and practical implications concerning NVP in a developing market environment are examined.

Item Type: Article
Additional Information: ** Article version: VoR ** From Wiley via Jisc Publications Router ** Licence for VoR version of this article: http://creativecommons.org/licenses/by/4.0/ **Journal IDs: issn 1740-4754; issn 1740-4762 **Article IDs: publisher-id: emre12644 **History: published_online 22-04-2024; accepted 01-03-2024; rev-recd 09-11-2023; submitted 15-03-2023
Uncontrolled Keywords: institutional voids, founders' political ties, new venture performance, Egypt, developing markets
Identification Number: https://doi.org/10.1111/emre.12644
SWORD Depositor: Colin Knott
Depositing User: Colin Knott
Date Deposited: 24 Apr 2024 09:17
Last Modified: 24 Apr 2024 09:30
URI: https://shura.shu.ac.uk/id/eprint/33617

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