MNB Assignment 2 Report

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 ...................................................................................................