Journal ArticleDOI
Institutional Analysis and the Determinants of Chinese FDI
TLDR
This article provided an empirical analysis of the impact of the Chinese institutional environment on its globalization patterns, concluding that institutional discrimination creates relative advantages for state-owned firms at a cost to private enterprise.Abstract:
Building on prior literature, this paper provides an empirical analysis of the impact of the Chinese institutional environment on its globalization patterns. A framework is presented through which distortive government policies act upon existing country and firm‐specific advantages, giving rise to institutional‐specific (dis)advantages. The applicability of this framework is then tested empirically through an unrestricted regression model that controls for the standard explanatory factors of inter‐country foreign direct investment (FDI) in comparing state and private sector outbound foreign direct investment (OFDI) determinants. This study concludes that institutional discrimination creates relative advantages for state‐owned firms at a cost to private enterprise, leading to divergences in IB strategies.read more
Citations
More filters
Journal ArticleDOI
Chinese Outward Direct Investment Research: Theoretical Integration and Recommendations
TL;DR: A detailed analysis of 138 peer-reviewed articles in 41 journals published in the last 12 years (2001-2012) that focus on Chinese outward foreign direct investment from a theoretical advancement perspective is presented in this paper.
Journal ArticleDOI
The Role of Contextual Combinations in the Globalization of Chinese Firms
TL;DR: In this paper, the authors argue that it is crucial to take account of both home and host country contexts in order, adequately, to understand their implications for Chinese enterprises investing into foreign countries.
Journal ArticleDOI
A review of the internationalization of Chinese enterprises
TL;DR: Wang et al. as discussed by the authors reviewed the scholarly research on the internationalization of Chinese enterprises through bibliometric citation analysis and proposed a holistic framework of drivers and motivations of Chinese outward FDI and present some promising future research areas.
Journal ArticleDOI
An event study of home and host country patent generation in Chinese MNEs undertaking strategic asset acquisitions in developed markets
TL;DR: In this paper, the authors use event study methodologies to analyze trends in home and host country patent applications of Chinese MNEs that acquire strategic asset-rich developed market businesses.
Journal ArticleDOI
Entry mode and emerging market MNEs : an analysis of Chinese greenfield and acquisition FDI in the United States.
John Anderson,Dylan Sutherland +1 more
TL;DR: This paper explored the motivations for Chinese greenfield and acquisition investments in the United States and found state ownership impacts strategic assets seeking and strategic asset seeking intensified in the post global financial crisis period.
References
More filters
Journal ArticleDOI
Law and Finance
TL;DR: In this article, the authors examined legal rules covering protection of corporate shareholders and creditors, the origin of these rules, and the quality of their enforcement in 49 countries and found that common-law countries generally have the strongest, and French civil law countries the weakest, legal protections of investors, with German- and Scandinavian-civil law countries located in the middle.
Journal ArticleDOI
The Eclectic Paradigm of International Production: A Restatement and Some Possible Extensions
TL;DR: The authors reviewed some of the criticisms directed towards the eclectic paradigm of international production over the past decade, and restates its main tenets, concluding that it remains a robust general framework for explaining and analysing not only the economic rationale of economic production but many organisational and impact issues in relation to MNE activity as well.
Journal ArticleDOI
The determinants of Chinese outward foreign direct investment
TL;DR: This paper investigated the determinants of Chinese outward direct investment and the extent to which three special explanations (capital market imperfections, special ownership advantages and institutional factors) need to be nested within the general theory of the multinational firm.
Journal ArticleDOI
Location and the Multinational Enterprise: A Neglected Factor?
TL;DR: In this paper, the authors trace the changing world economic scenario for international business over the past two decades, and then examine its implications for the location of foreign direct investment and multinational enterprise activity, concluding that many of the explanations of the 1970s and early 1980s need to be modified as firm-specific assets have become mobile across natural boundaries.
Journal ArticleDOI
The Internationalization of Chinese Firms: A Case for Theoretical Extension?[1]
John Child,Suzana B. Rodrigues +1 more
TL;DR: The authors examines the patterns of, and motives for, internationalization by prominent market-seeking Chinese firms and concludes that the Chinese case offers an opportunity to extend present theorizing in four primary areas concerning the latecomer perspective and catch-up strategies, institutional analysis with reference to the role of government, the relations between entrepreneurs and institutions, and the liability of foreignness.
Related Papers (5)
International expansion of emerging market enterprises: A springboard perspective
Yadong Luo,Rosalie L. Tung +1 more
How emerging market governments promote outward FDI: Experience from China
Yadong Luo,Qiuzhi Xue,Binjie Han +2 more