Seeking legitimacy: Chinese OFDI and domestic isomorphic pressures

被引:18
|
作者
Guo, Bin [1 ]
Xu, Gangxiang [1 ]
Li, Wen [1 ]
机构
[1] Zhejiang Univ, Sch Management, Hangzhou, Zhejiang, Peoples R China
基金
中国国家自然科学基金;
关键词
Domestic isomorphic pressures; State ownership; Firm size; Outward foreign direct investment; FOREIGN DIRECT-INVESTMENT; OUTWARD FDI; INSTITUTIONAL ENVIRONMENTS; OWNERSHIP DECISIONS; FIRM PERFORMANCE; HOME; SUBSIDIARY; DRIVES; MANAGEMENT; RESPONSES;
D O I
10.1057/s41291-017-0015-5
中图分类号
F [经济];
学科分类号
02 ;
摘要
Drawing on institutional theory, we argue that the likelihood of a Chinese firm adopting an isomorphic strategy in outward foreign direct investment (OFDI) depends on the influence of external isomorphic pressures specifically, domestic regional and domestic industrial isomorphic pressures and the firm's internal legitimacy-seeking motivation. Quantitative analysis of a sample of 107 Chinese listed firms and their OFDI projects in the 2008-2012 period offers supportive evidence for our arguments. Our study offers further insights into Chinese MNEs by providing a better understanding of the impact of China's regional and industrial diversity on their OFDI.
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页码:1 / 24
页数:24
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