Host country-specific factors causing outwards foreign direct investment from Malaysia
This study analyzes macroeconomic and institutional factors of the host countries in attracting outwards foreign direct investment (OFDI) from Malaysia. Results show that primary motives behind Malaysian OFDI are to seek growing markets and natural resources. Foreign economy’s depreciating currenc...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Penerbit Universiti Kebangsaan Malaysia
2016
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| Online Access: | http://journalarticle.ukm.my/10770/ http://journalarticle.ukm.my/10770/1/jeko_50%281%29-6.pdf |
| _version_ | 1848812503180509184 |
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| author | Gul Andaman, Zulkornain Yusop, Zaleha Mohd Noor, Shive Ranjanee Kaliappan, |
| author_facet | Gul Andaman, Zulkornain Yusop, Zaleha Mohd Noor, Shive Ranjanee Kaliappan, |
| author_sort | Gul Andaman, |
| building | UKM Institutional Repository |
| collection | Online Access |
| description | This study analyzes macroeconomic and institutional factors of the host countries in attracting outwards foreign direct
investment (OFDI) from Malaysia. Results show that primary motives behind Malaysian OFDI are to seek growing
markets and natural resources. Foreign economy’s depreciating currency with respect to Ringgit Malaysia, lower private
sector lending rate, shorter geographical distance from Malaysia and government accountability are also important
pull factors. Malaysian OFDI is significantly low in ASEAN Member States (AMS) and in the developed states. Policy
implications thus include generation of higher OFDI towards AMS given the strategic importance of ASEAN Economic
Community and in developed regions to access foreign technology. |
| first_indexed | 2025-11-15T00:03:20Z |
| format | Article |
| id | oai:generic.eprints.org:10770 |
| institution | Universiti Kebangasaan Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T00:03:20Z |
| publishDate | 2016 |
| publisher | Penerbit Universiti Kebangsaan Malaysia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | oai:generic.eprints.org:107702017-10-10T08:32:53Z http://journalarticle.ukm.my/10770/ Host country-specific factors causing outwards foreign direct investment from Malaysia Gul Andaman, Zulkornain Yusop, Zaleha Mohd Noor, Shive Ranjanee Kaliappan, This study analyzes macroeconomic and institutional factors of the host countries in attracting outwards foreign direct investment (OFDI) from Malaysia. Results show that primary motives behind Malaysian OFDI are to seek growing markets and natural resources. Foreign economy’s depreciating currency with respect to Ringgit Malaysia, lower private sector lending rate, shorter geographical distance from Malaysia and government accountability are also important pull factors. Malaysian OFDI is significantly low in ASEAN Member States (AMS) and in the developed states. Policy implications thus include generation of higher OFDI towards AMS given the strategic importance of ASEAN Economic Community and in developed regions to access foreign technology. Penerbit Universiti Kebangsaan Malaysia 2016 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/10770/1/jeko_50%281%29-6.pdf Gul Andaman, and Zulkornain Yusop, and Zaleha Mohd Noor, and Shive Ranjanee Kaliappan, (2016) Host country-specific factors causing outwards foreign direct investment from Malaysia. Jurnal Ekonomi Malaysia, 50 (1). pp. 67-79. ISSN 0127-1962 http://www.ukm.my/fep/jem/content/2016.html |
| spellingShingle | Gul Andaman, Zulkornain Yusop, Zaleha Mohd Noor, Shive Ranjanee Kaliappan, Host country-specific factors causing outwards foreign direct investment from Malaysia |
| title | Host country-specific factors causing outwards foreign direct investment from Malaysia |
| title_full | Host country-specific factors causing outwards foreign direct investment from Malaysia |
| title_fullStr | Host country-specific factors causing outwards foreign direct investment from Malaysia |
| title_full_unstemmed | Host country-specific factors causing outwards foreign direct investment from Malaysia |
| title_short | Host country-specific factors causing outwards foreign direct investment from Malaysia |
| title_sort | host country-specific factors causing outwards foreign direct investment from malaysia |
| url | http://journalarticle.ukm.my/10770/ http://journalarticle.ukm.my/10770/ http://journalarticle.ukm.my/10770/1/jeko_50%281%29-6.pdf |