FDI entry mode choice of Chinese firms: A strategic behavior perspective |
| |
| Authors: | Lin Cui Fuming Jiang |
| |
| Institution: | aSchool of Management, Marketing and International Business, ANU College of Business and Economics, The Australian National University, Canberra 0200, Australia |
| |
| Abstract: | This study investigates the determinants of foreign direct investment (FDI) entry mode choice between a wholly owned subsidiary and a joint venture by Chinese firms that invest overseas. We argue that the FDI entry mode choice of a Chinese firm is primarily influenced by the variables related to the firm's strategic fit in host industry and its strategic intent of conducting FDI. Using survey data of a sample of 138 Chinese firms, the results suggest that a Chinese firm prefers wholly owned subsidiary entry mode when it adopts a global strategy, faces severe host industry competition, and emphasizes assets seeking purposes in its FDI. A joint venture is preferred when the firm is investing in a high growth host market. |
| |
| Keywords: | Foreign direct investment Entry mode Chinese firms Strategic behavior perspective Wholly owned subsidiary Joint venture |
| 本文献已被 ScienceDirect 等数据库收录！ |
|
