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Economic distance and the survival of foreign direct investments

Tsang, Eric W. K. - ; Yip, Paul S. L. - ;

From the perspectives of resource exploitation versus exploration, we argue that hazard rates of foreign direct investments will be lower in more developed and less developed countries than in countries of similar economic development as the home country. We obtained strong supporting evidence based on a sample of foreign direct investments made by Singapore firms. Using the reasoning of strategic coalignment, we argue that acquisitions will have lower hazard rates than greenfield investments in more developed countries and vice versa in less developed countries. We found supporting evidence for the former but not the latter..Printed journal


Ketersediaan

Call NumberLocationAvailable
PSB lt.dasar - Pascasarjana1
Penerbit: Academy of Management
Edisi-
SubjekRisk
Foreign investment
Multinational corporations
Acquisitions & Mergers
studies
Hypothesis testing
Long distance
ISBN/ISSN14273
Klasifikasi-
Deskripsi Fisik-
Info Detail Spesifik-
Other Version/RelatedTidak tersedia versi lain
Lampiran BerkasTidak Ada Data

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