Corporate Political Activities and Emerging MNCs’ Internationalization: Interplay of CEO Narcissism and Gender
Corporate Political Activities and Emerging MNCs’ Internationalization: Interplay of CEO Narcissism and Gender
Multinational Corporations (MNCs) from emerging markets face various socio-political and institutional challenges in their domestic markets owing to their engagement in global markets. To navigate these challenges and secure favorable legislative and institutional support, they increasingly adopt nonmarket strategies in their domestic markets. Drawing on the institutional and upper echelons theories, this study examines why Chinese and Indian emerging MNCs (EMNCs) perform corporate political activities (CPAs) as a strategic nonmarket response in their domestic markets. Utilizing data from 159 EMNCs from 2011 to 2022, we find that engagement in CPAs serves as a buffering and bridging mechanism to support their degree of internationalization. Moreover, CEO narcissism and the presence of female CEO positively moderate this relationship. These findings offer both theoretical insights and strategic implications.
CEO Narcissism, China, Corporate Political Activity, Emerging markets, Gender, internationalization
Aldawsari, Hamad
8baa7639-28eb-4597-b3b0-7ee9b702d19c
Baloch, Muhammad Saad
0baa859e-4d0d-4dda-8433-d813655c88b5
Aldawsari, Hamad
8baa7639-28eb-4597-b3b0-7ee9b702d19c
Baloch, Muhammad Saad
0baa859e-4d0d-4dda-8433-d813655c88b5
Aldawsari, Hamad and Baloch, Muhammad Saad
(2025)
Corporate Political Activities and Emerging MNCs’ Internationalization: Interplay of CEO Narcissism and Gender.
Journal of Asian Economics, 101, [102073].
(doi:10.1016/j.asieco.2025.102073).
Abstract
Multinational Corporations (MNCs) from emerging markets face various socio-political and institutional challenges in their domestic markets owing to their engagement in global markets. To navigate these challenges and secure favorable legislative and institutional support, they increasingly adopt nonmarket strategies in their domestic markets. Drawing on the institutional and upper echelons theories, this study examines why Chinese and Indian emerging MNCs (EMNCs) perform corporate political activities (CPAs) as a strategic nonmarket response in their domestic markets. Utilizing data from 159 EMNCs from 2011 to 2022, we find that engagement in CPAs serves as a buffering and bridging mechanism to support their degree of internationalization. Moreover, CEO narcissism and the presence of female CEO positively moderate this relationship. These findings offer both theoretical insights and strategic implications.
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Accepted/In Press date: 4 November 2025
e-pub ahead of print date: 6 November 2025
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© 2025 Elsevier Inc.
Keywords:
CEO Narcissism, China, Corporate Political Activity, Emerging markets, Gender, internationalization
Identifiers
Local EPrints ID: 507124
URI: http://eprints.soton.ac.uk/id/eprint/507124
ISSN: 1049-0078
PURE UUID: 66fcb9a9-502c-49f9-b588-cb87b7395fa7
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Date deposited: 27 Nov 2025 17:43
Last modified: 28 Nov 2025 03:03
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Author:
Hamad Aldawsari
Author:
Muhammad Saad Baloch
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