The role of reference groups in international investment decisions by firms from emerging economies

被引:74
作者
Li, Jiatao [1 ]
Yao, Fiona Kun [2 ]
机构
[1] Hong Kong Univ Sci & Technol, Dept Management Org, Sch Business & Management, Hong Kong, Hong Kong, Peoples R China
[2] Univ Calif Berkeley, Haas Sch Business, Berkeley, CA 94702 USA
关键词
Reference groups; Emerging economies; China; FOREIGN DIRECT-INVESTMENT; ATTENTION-BASED VIEW; STRATEGY; LIABILITY; LOCATION; MARKET; CHINA; INFRASTRUCTURE; HETEROGENEITY; DETERMINANTS;
D O I
10.1016/j.intman.2010.03.005
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
Investments in China by firms from emerging economies were studied to determine how various reference groups affect their foreign market entry behavior. Imitation was shown to be an important factor, but the mechanism seems to vary depending on the institutional environments in the host and the home market. Firms from emerging economies seem to rely on copying the entry decisions of peers from their home country, especially in locations where the risk of government meddling is greatest. The example of firms from developed economies was found to be less influential. (C) 2010 Elsevier Inc. All rights reserved.
引用
收藏
页码:143 / 153
页数:11
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