Political risk, cultural distance, and outward foreign direct investment: Empirical evidence from large Chinese firms

被引：180

作者：

Quer, Diego ^{[1
]}

Claver, Enrique ^{[1
]}

Rienda, Laura ^{[1
]}

机构：

[1] Univ Alicante, Dept Management, E-03080 Alicante, Spain

来源：

ASIA PACIFIC JOURNAL OF MANAGEMENT | 2012年 / 29卷 / 04期

关键词：

Chinese multinationals; Political risk; Cultural distance; Outward FDI; ENTRY MODE CHOICE; INTERNATIONALIZATION; DETERMINANTS; ACQUISITIONS; INSTITUTIONS; TRANSACTION; OWNERSHIP; RESOURCES; LOCATION; STRATEGY;

D O I：

10.1007/s10490-011-9247-7

中图分类号：

C93 [管理学];

学科分类号：

12 ; 1201 ; 1202 ; 120202 ;

摘要：

The internationalization of Chinese enterprises is a subject that is receiving increasing attention in international business research. This paper analyzes the influence of political risk and cultural distance on the location patterns of large Chinese companies. Our results show some characteristics that differ from the conventional wisdom. A high political risk in the host country does not discourage Chinese multinationals. However, from a more conventional point of view, the presence of overseas Chinese in the host country is positively associated with Chinese outward foreign direct investment (FDI). In addition, firm size and the volume of Chinese exports to the host country have a positive influence.

引用

页码：1089 / 1104

页数：16

共 70 条

[31] POLITICAL RISK - REVIEW AND RECONSIDERATION
KOBRIN, SJ
[J]. JOURNAL OF INTERNATIONAL BUSINESS STUDIES, 1979, 10 (01) : 67 - 80
[32] THE EFFECT OF NATIONAL CULTURE ON THE CHOICE OF ENTRY MODE
KOGUT, B
SINGH, H
[J]. JOURNAL OF INTERNATIONAL BUSINESS STUDIES, 1988, 19 (03) : 411 - 432
[33] Internationalization and organizational resources of Chinese firms
Lau, Chung-Ming
Ngo, Hang-Yue
Yiu, Daphne W.
[J]. CHINESE MANAGEMENT STUDIES, 2010, 4 (03) : 258 - 272
[34] Li Y., 2006, PAPER PRESENTED AT T, P23
[35] Ownership, strategic orientation and internationalization in emerging markets
Liu, Yi
Li, Yuan
Xue, Jiaqi
[J]. JOURNAL OF WORLD BUSINESS, 2011, 46 (03) : 381 - 393
[36] External uncertainty and entry mode choice: Cultural distance, political risk and language diversity
Lopez-Duarte, Cristina
Vidal-Suarez, Marta M.
[J]. INTERNATIONAL BUSINESS REVIEW, 2010, 19 (06) : 575 - 588
[37] Lu J., 2011, MANAGEMENT AND ORGAN
[38] International expansion of emerging market enterprises: A springboard perspective
Luo, Yadong
Tung, Rosalie L.
[J]. JOURNAL OF INTERNATIONAL BUSINESS STUDIES, 2007, 38 (04) : 481 - 498
[39] How emerging market governments promote outward FDI: Experience from China
Luo, Yadong
Xue, Qiuzhi
Han, Binjie
[J]. JOURNAL OF WORLD BUSINESS, 2010, 45 (01) : 68 - 79
[40] Ma Zihui, 2007, WORKING PAPER NO 200

← 1 2 3 4 5 6 7 →