Entry Modes of Chinese MNEs—An Empirical Test Based on Firm-Level Data / 中國大陸企業海外投資進入模式影響因素之研究—基於企業層級資料的實證研究

碩士 / 亞洲大學 / 國際企業學系碩士班 / 97 / Since the initiation of the “Open-Door” policies in the late of 1978,
Mainland China has successfully attracted significant amount of Foreign Direct
Investment (FDI) to China. According to the World Investment Report (2007)
published by the United Nations Conference on Trade and Development
(UNCTAD), Mainland China becomes one of the biggest countries in the terms
of FDI inflow. On the other hand, Mainland China has gradually developed an
important investor in Outward Foreign Direct Investment (OFDI) for a period of
time. Via the encouragement and support of a serial of policies (named “go
global”), Chinese multinational enterprises (MNEs) invest heavily in overseas
markets.
The main purpose of this thesis attempts to comprehensively understand
mainland China’s OFDI in terms of firm-level data. Unlike most existing studies,
we investigate 219 China’s outward FDI projects from 1995 to 2008 and we
delve deeply into the determinants of China multinational enterprises’ entry
modes by means of the Logistic Regression Model. We test three hypotheses:
Hypothesis I, when the more parent company international experience, the more
inclined to sole proprietorship to overseas investment in foreign countries.
Hypothesis II, when the more parent company of the size is bigger, the more
inclined to sole proprietorship of overseas investment in foreign countries.
Hypothesis III, when the more parent company scale of investment, the more
inclined to joint venture of overseas investment in foreign countries.We find that
international experiences and the size of firm have significantly effects on
China’s MNEs’ entry mode choice when they invest directly in foreign countries.
From the international experience, enterprises foreign investment to the
investment if there is such a rich experience of more to a sole proprietorship
entry mode. On the other hand, from company of the scale, the larger scale, the
more inclined to sole proprietorship entry mode in foreign investment.

Identiferoai:union.ndltd.org:TW/097THMU8321003
Date January 2009
CreatorsHsin-I Chang, 張心怡
ContributorsHung-Chü Chang, Hai-Tao Tsao, 張紘炬, 曹海濤
Source SetsNational Digital Library of Theses and Dissertations in Taiwan
Languagezh-TW
Detected LanguageEnglish
Type學位論文 ; thesis
Format80

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