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 currency...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Penerbit Universiti Kebangsaan Malaysia
2016
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| Online Access: | http://psasir.upm.edu.my/id/eprint/57095/ http://psasir.upm.edu.my/id/eprint/57095/1/Host%20country-specific%20factors%20causing%20outwards%20foreign%20direct%20investment%20from%20Malaysia.pdf |
| _version_ | 1848853268240793600 |
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| author | Andaman, Gul Yusop, Zulkornain Mohd Noor, Zaleha Kaliappan, Shive Ranjanee |
| author_facet | Andaman, Gul Yusop, Zulkornain Mohd Noor, Zaleha Kaliappan, Shive Ranjanee |
| author_sort | Andaman, Gul |
| building | UPM 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 | 2025-11-15T10:51:16Z |
| format | Article |
| id | upm-57095 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T10:51:16Z |
| publishDate | 2016 |
| publisher | Penerbit Universiti Kebangsaan Malaysia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-570952017-09-07T04:30:32Z http://psasir.upm.edu.my/id/eprint/57095/ Host country-specific factors causing outwards foreign direct investment from Malaysia Andaman, Gul Yusop, Zulkornain Mohd Noor, Zaleha Kaliappan, Shive Ranjanee 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://psasir.upm.edu.my/id/eprint/57095/1/Host%20country-specific%20factors%20causing%20outwards%20foreign%20direct%20investment%20from%20Malaysia.pdf Andaman, Gul and Yusop, Zulkornain and Mohd Noor, Zaleha and Kaliappan, Shive Ranjanee (2016) Host country-specific factors causing outwards foreign direct investment from Malaysia. Jurnal Ekonomi Malaysia, 50 (1). pp. 67-80. ISSN 0126-1962 http://www.ukm.my/fep/jem/content/2016.html |
| spellingShingle | Andaman, Gul Yusop, Zulkornain Mohd Noor, Zaleha Kaliappan, Shive Ranjanee 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://psasir.upm.edu.my/id/eprint/57095/ http://psasir.upm.edu.my/id/eprint/57095/ http://psasir.upm.edu.my/id/eprint/57095/1/Host%20country-specific%20factors%20causing%20outwards%20foreign%20direct%20investment%20from%20Malaysia.pdf |