Relative institutional maturity of export markets and export performance: The moderating roles of managerial capabilities and export intensity
Abstract
This study combines institutional theory with the capability perspective to investigate how the institutional characteristics of export markets served by firms from a post-transition economy affect their export performance. We analyse a dataset of 500 exporting firms from Poland, a post-transition economy, by using regression analyses. This research aims to explore how the relative institutional maturity of a firm’s export markets affects performance, as well as to establish the moderating role of managerial capabilities and export intensity for this performance effect. Relative institutional maturity is negatively associated with export performance only for exporters characterised by both low managerial capabilities and low export intensity. For firms with greater export exposure, this negative effect disappears, suggesting that accumulated international involvement may partly offset the challenges of operating in more institutionally mature markets.
© 2026 Piotr Trąpczyński, Tilo Halaszovich, published by Poznań University of Economics and Business Press
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