首页> 外文学位 >United States and Japanese foreign direct investment in a rapidly developing country in south-east Asia: Test of the I-R framework and transaction cost theory.
【24h】

United States and Japanese foreign direct investment in a rapidly developing country in south-east Asia: Test of the I-R framework and transaction cost theory.

机译:美国和日本在东南亚一个快速发展的国家中的外国直接投资:I-R框架和交易成本理论的检验。

获取原文
获取原文并翻译 | 示例

摘要

The dissertation tries to explain the choice between the wholly owned subsidiary (WOS) versus the equity joint venture (EJV) of choice of foreign direct investment (FDI) choice in a developing country. The literature has customarily divided industries into the dichotomous global/non-global categories. Recently, researchers have shown that "globalness" is a matter of degree. The "globalness" of firms have typically been captured by Prahalad and Doz's (1987) integration-responsiveness (I-R) framework. This framework classifies firms into three groups, based on managerial perception of the position of their business along the integration-responsiveness continuum. Firms in these groups pursue distinct competitive strategies. This thesis makes a contribution by using the I-R framework, together with the distinct competitive strategies that firms pursue, as well as transaction cost theory, to predict the foreign direct investment mode of entry. Further, an evaluation is made of the fit between the three industry groups (globally integrated, multifocal and locally responsive), competitive strategies and transaction cost factors. The impact of fit on subsidiary performance is also investigated.;The study focuses on multinational enterprises (MNEs) located in a rapidly developing country with a population of about 20 million, located in South-East Asia. (The country is not disclosed because of confidentiality promised to the MNEs participating in the survey). The total sample size of 79 comprised of 24 U.S. and 55 Japanese MNEs. The mail survey method was used to obtain responses. Binomial logistic regression analysis (LRA), multiple discriminant analysis (MDA) and Q-statistics were employed to evaluate the proposed hypotheses.;The sample contained only two groups (globally integrated and multifocal) in the I-R framework. As predicted, the multifocal firms pursuing high marketing differentiation and innovation strategies favored EJVs. The power distance index, which captured managerial perception of transaction costs, was negatively correlated with the WOS mode, contradicting the proposed hypothesis. Overall, the fit between the variables in the proposed model, containing perception of multifocal industry, marketing differentiation strategy and power distance index turned out to be excellent predictors of the WOS-EJV choice. Further, the fit between these variables significantly explained the performance of subsidiaries on the return on investment (ROI) and profitability measures.
机译:本文试图解释发展中国家在外商直接投资(FDI)选择中的全资子公司(WOS)与合资企业(EJV)之间的选择。文献通常将行业分为两类全局/非全局类别。最近,研究人员表明“全球性”是一个程度的问题。 Prahalad和Doz(1987)的整合响应(I-R)框架通常抓住了公司的“全球性”。该框架基于管理人员对整合响应连续性方面的业务状况的管理感知,将公司分为三类。这些组中的公司追求独特的竞争策略。本文通过运用I-R框架,公司所追求的独特竞争策略以及交易成本理论来预测外国直接投资的进入模式,做出了贡献。此外,还对三个行业组(全球整合,多焦点和本地响应),竞争策略和交易成本因素之间的契合度进行了评估。还研究了契合度对子公司绩效的影响。该研究的重点是位于东南亚,人口约2000万的快速发展中的跨国企业。 (由于向参与调查的多国企业承诺保密,因此未披露该国)。总样本量为79个,包括24个美国和55个日本跨国公司。邮件调查方法用于获得答复。二项式逻辑回归分析(LRA),多元判别分析(MDA)和Q统计量用于评估所提出的假设。该样本在I-R框架中仅包含两组(全局积分和多焦点)。如预期的那样,追求高度市场差异化和创新策略的多焦点公司偏爱合资企业。权力距离指数捕获了管理者对交易成本的感知,与WOS模式负相关,与提出的假设相反。总体而言,该模型中变量的拟合程度,包括对多行业的看法,营销差异化策略和权力距离指数,被证明是WOS-EJV选择的出色预测指标。此外,这些变量之间的契合度显着说明了子公司在投资回报率(ROI)和获利能力指标方面的表现。

著录项

  • 作者

    Tan, Anne Jacinta.;

  • 作者单位

    Indiana University.;

  • 授予单位 Indiana University.;
  • 学科 Business Administration Management.;Economics Finance.
  • 学位 Ph.D.
  • 年度 1996
  • 页码 178 p.
  • 总页数 178
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类
  • 关键词

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱:kefu@zhangqiaokeyan.com

京公网安备:11010802029741号 ICP备案号:京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有
  • 客服微信

  • 服务号