Abstract
Holmes, R. M., Miller, T., Hitt, M. A., & Salmador, M. P. 2013. The
interrelationships among informal institutions, formal institutions, and inward foreign
direct investment. Journal of Management, 39: 531-566. Original DOI:
In this article in the February 2013 issue of Journal of Management,
Table 4 had errors. The
corrected table appears below. Correlations of Country Data Note: N = 450. p < .05. **p < .01. ***p
< .001.
Variable
M
SD
1
2
3
4
5
6
7
8
9
10
11
1. Inward FDI
3.66
4.28
2. In-group collectivism
5.07
0.73
−.03
3. Future orientation
3.81
0.50
.11*
−.42***
4. Regulatory control
0.00
1.00
−.32***
.57***
−.45***
5. Political democracy
0.00
1.00
−.12*
−.48***
.16***
−.39***
6. Capital availability
0.18
0.15
−.17***
−.18***
.28***
−.14**
.10*
7. Market liquidity
0.69
0.08
−.10*
−.01
−.10*
.02
.02
−.23***
8. Industry workforce
26.23
7.46
.13**
−.05
−.01
−.29***
.34***
.09
−.12*
9. Population
1.50
0.60
−.37***
.34***
−.12*
.57***
−.38***
.48***
.07
−.37***
10. Digital main lines
1.93
0.22
.09
−.05
.38***
−.21***
.01
.19***
−.10*
−.11*
.09
11. Railway freight
5.65
0.32
−.14**
−.02
−.09*
.14**
−.03
.29***
.06
−.13**
.36***
−.05
12. Merchant shipping
3.94
0.28
.04
.00
.18***
−.11*
−.18***
.40***
−.06
.00
.24***
−.14**
.10*
Also in this article, the authors cited Gwartney, Lawson, and Block (1996) when referencing the Index of Economic Freedom, whereas Gwartney et al. (1996) published the Economic Freedom of the World; the Heritage Foundation publishes the Index of Economic Freedom.
The authors apologize for these errors, which were unintentional.
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