Corruption and market attractiveness influences on different types of FDI

被引：133

作者：

Brouthers, Lance Eliot ^{[1
]}

Gao, Yan ^{[1
]}

McNicol, Jason Patrick ^{[1
]}

机构：

[1] Univ Texas El Paso, Coll Business Adm, El Paso, TX 79968 USA

来源：

STRATEGIC MANAGEMENT JOURNAL | 2008年 / 29卷 / 06期

关键词：

corruption; market attractiveness; foreign direct investment; market-seeking; resource-seeking; labor-seeking;

D O I：

10.1002/smj.669

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Previous studies have proposed that a compensatory model predicts the level of foreign direct investment (FDI) in a country; FDI levels are a result of 'trade-offs' between the positive effect of market attractiveness and the negative influence of corruption. In contrast, we hypothesize and find that the compensatory relationship only holds for market-seeking investment; for resource-seeking FDI the model appears to be noncompensatory. Greater market attractiveness mitigates the negative impact of corruption on market-seeking investment, but the ability of market attractiveness to mitigate the negative impact of corruption on resource-seeking FDI quickly disappears as corruption levels increase. Implications and future research directions are discussed. Copyright (C) 2008 John Wiley & Sons, Ltd.

引用

页码：673 / 680

页数：8

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