Firm Characteristics on Choices of the Entry Mode / 企業特徵分析海外子公司的設立決策

碩士 / 東吳大學 / 企業管理學系 / 97 / This study investigates how firm characteristics affect the choice between acquisition and greenfield in foreign subsidiaries. Firm characteristics include the relative size of investment, multinational experience, technological intensity, marketing intensity, human resources endowment and parent performance. This sample covers the events of foreign direct investment recorded in Taiwan Economic Journal(TEJ)from 1988 to 2008. All hypotheses are tested using binomial logistic regressions.
Empirical results are summarized as follows: (1)Greenfields are chosen by Taiwanese investors with higher financial performances .Firms with higher levels of multinational experience and technological intensity will tend to prefer greenfield diversification modes. The smaller the relative size of investment the more likely a firm is to prefer a greenfield diversification mode. (2)Firms with higher marketing intensity and human resources endowment have no statistically significant impact on the entry mode.

Identiferoai:union.ndltd.org:TW/097SCU05121093
Date January 2009
CreatorsChia-chen Liu, 劉家成
Contributorsnone, 張光文
Source SetsNational Digital Library of Theses and Dissertations in Taiwan
Languagezh-TW
Detected LanguageEnglish
Type學位論文 ; thesis
Format121

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