External uncertainty and entry mode choice: Cultural distance, political risk and language diversity

被引：111

作者：

Lopez-Duarte, Cristina ^{[1
]}

Vidal-Suarez, Marta M. ^{[1
]}

机构：

[1] Univ Oviedo, Dpto Adm Empresas, Escuela Jovellanos Gijon, Gijon 33203, Asturias, Spain

来源：

INTERNATIONAL BUSINESS REVIEW | 2010年 / 19卷 / 06期

关键词：

Cultural distance; Entry mode; Foreign direct investment; Joint venture; Language; Language barriers; Language diversity; Political risk; Wholly owned subsidiary; TRANSACTION COST INFLUENCES; WHOLLY OWNED SUBSIDIARY; JAPANESE FIRMS; MULTINATIONAL-CORPORATION; FOREIGN OWNERSHIP; JOINT VENTURES; DETERMINANTS; IMPACT; ORGANIZATION; STRATEGIES;

D O I：

10.1016/j.ibusrev.2010.03.007

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper aims at analyzing the effect of external uncertainty on the entry mode choice when investing abroad. We consider the effect of uncertainty coming from the formal host country's environment (political risk) and from the informal one (cultural distance). The potential existence of an interaction effect between both of them is also analyzed. In particular, we analyze how language diversity between the home and host countries may condition the influence of this interaction effect on the entry mode choice. In order to empirically test our predictions, a database of foreign direct investments made by Spanish firms is used. (C) 2010 Elsevier Ltd. All rights reserved.

引用

页码：575 / 588

页数：14

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