How Manager Perceptions Influence Trade Expansion when Emerging Economies Join the WTO
Researchers at Rutgers University and the University of Manchester examine the central role of managerial perceptions in shaping a company's response to its country joining the World Trade Organization (WTO). They find that firms from emerging markets whose managers view domestic institutions positively are more likely to expand internationally post-accession. This suggests that, to promote the internationalization of emerging markets-based companies, policymakers should prioritize improving domestic institutions and fostering positive perceptions towards those institutions among managers.