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https://hdl.handle.net/10356/148950
Title: | The role of FDI motives in the link between institutional distance and subsidiary ownership choice by emerging market multinational enterprises | Authors: | Wu, Jie Zhou, Nan Park, Seung Ho Khan, Zaheer Meyer, Martin |
Keywords: | Business::General | Issue Date: | 2021 | Source: | Wu, J., Zhou, N., Park, S. H., Khan, Z. & Meyer, M. (2021). The role of FDI motives in the link between institutional distance and subsidiary ownership choice by emerging market multinational enterprises. British Journal of Management. https://dx.doi.org/10.1111/1467-8551.12508 | Journal: | British Journal of Management | Abstract: | This study advances the limited generalizability of previous studies that have focused on developed market multinational enterprises and explores the link between institutional distance and ownership choice of emerging market multinational enterprises (EMNEs).Such studies in the EMNE context have been rare, and we provide key theoretical explanations for EMNEs’ distinct foreign direct investment motives to act as important contingencies in the link between institutional distance and EMNEs’ ownership choices. Analyses of longitudinal data of Chinese firms’ internationalization from 2001 to 2017 reveal that the higher the institutional distance, the lower the level of EMNE subsidiary ownership control with market-seeking motives; while the higher the institutional distance, the higher the level of EMNE subsidiary ownership control with knowledge-seeking motives. | URI: | https://hdl.handle.net/10356/148950 | ISSN: | 1045-3172 | DOI: | 10.1111/1467-8551.12508 | Schools: | Nanyang Business School | Rights: | © 2021 The Authors. British Journal of Management published by John Wiley & Sons Ltd on behalf of British Academyof Management. This is an open access article under the terms of the Creative Commons Attribution License, which permits use, distribution and reproduction in any medium, provided the original work is properly cited | Fulltext Permission: | open | Fulltext Availability: | With Fulltext |
Appears in Collections: | NBS Journal Articles |
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