Quotation Lien, Y.-C., Filatotchev, Igor. 2015. Ownership characteristics as determinants of FDI location decisions in emerging economies. Journal of World Business 50 (4), 637-650.


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Abstract

Building on agency theory and international business research, this paper explores how parent firm and subsidiary ownership factors affect FDI location decisions in emerging economies. Our analysis suggests that ownerships of block-shareholders in the parent firm (i.e., controlling family, non-family TMT members and institutional investors) and equity stake in a subsidiary owned by the parent company are positively associated with FDI location decisions in less-explored and risky areas. However, the effects of parent firm and subsidiary ownership factors may substitute for each other with respect to their integrated effect on dealing with risks associated with FDI location decisions.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Journal article
Journal Journal of World Business
Citation Index SSCI
WU Journalrating 2009 A
WU-Journal-Rating new FIN-A, MAN-A, STRAT-B, VW-C, WH-A
Language English
Title Ownership characteristics as determinants of FDI location decisions in emerging economies
Volume 50
Number 4
Year 2015
Page from 637
Page to 650
Reviewed? Y
DOI http://dx.doi.org/10.1016/j.jwb.2014.09.002

Associations

People
Filatotchev, Igor (Details)
External
Lien, Y.-C.
Organization
Competence Center for Emerging Markets and CEE WE (Details)
Institute for International Business (Dikova) (Details)
Institute for International Business IN (Details)
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