TITLE

INSTITUTIONAL PERSPECTIVE OF FOREIGN DIRECT INVESTMENT STRATEGY

AUTHOR(S)
CHAN, CHRISTINE M.
PUB. DATE
August 2003
SOURCE
Academy of Management Proceedings;2003, pE1
SOURCE TYPE
Conference Proceeding
DOC. TYPE
Proceeding
ABSTRACT
This paper develops the institutional perspective of foreign direct investment strategy. The main proposition is that an multinational corporation's (MNC) decision regarding foreign subsidiary ownership structure represents its desire to gain external and internal organizational legitimacy. In an empirical setting of Japanese MNCs' foreign investments across the world over the period 1987-1999, I found supporting evidence for my main argument.
ACCESSION #
13792731

 

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