Natural resource endowment and firm performance: The moderating role of institutional endowment

Research Summary D oes institutional endowment moderate the relationship between natural resource abundance and firm performance? Drawing from institution‐based theories ( IBT ), we examine the interactive effects of institutional endowment (as indicated by natural resource governance) on firm performance. We use 2013 data of 492 firms from 27 A frican countries and multilevel techniques to find significant interactions of institutional …