Strategic Motivations Of Australian And New Zealand Manufacturing Foreign Direct Investments In International Markets

We empirically investigate how different location-specific variables and strategic motives influenced Australian and New Zealand (ANZ) firms' ownership strategy choices in foreign markets between 1998 and 2008. This study is the first to analyse how strategic motives and ownership-specific,...

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Main Authors: Tahir, Rizwan, Weijing, Chen
Format: Article
Language:English
Published: Asian Academy of Management (AAM) 2011
Subjects:
Online Access:http://eprints.usm.my/36567/
http://eprints.usm.my/36567/1/AAMJ_16.2.6.pdf
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author Tahir, Rizwan
Weijing, Chen
author_facet Tahir, Rizwan
Weijing, Chen
author_sort Tahir, Rizwan
building USM Institutional Repository
collection Online Access
description We empirically investigate how different location-specific variables and strategic motives influenced Australian and New Zealand (ANZ) firms' ownership strategy choices in foreign markets between 1998 and 2008. This study is the first to analyse how strategic motives and ownership-specific, location-specific, and internalisation variables have influenced the ownership structure choices of ANZ firms in foreign markets. The results indicate that large market potential and low levels of cultural distance increase the probability that ANZ manufacturing firms will undertake wholly owned subsidiary (WOS) ownership structures and market-seeking (MS) and/or efficiency-seeking (ES) foreign direct investment (FDI). Low exchange rate fluctuation increases the probability that ANZ manufacturing firms will undertake WOS-type risk reduction-seeking (RRS) FDI.
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language English
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publisher Asian Academy of Management (AAM)
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spelling usm-365672017-09-18T05:00:14Z http://eprints.usm.my/36567/ Strategic Motivations Of Australian And New Zealand Manufacturing Foreign Direct Investments In International Markets Tahir, Rizwan Weijing, Chen HD28-70 Management. Industrial Management We empirically investigate how different location-specific variables and strategic motives influenced Australian and New Zealand (ANZ) firms' ownership strategy choices in foreign markets between 1998 and 2008. This study is the first to analyse how strategic motives and ownership-specific, location-specific, and internalisation variables have influenced the ownership structure choices of ANZ firms in foreign markets. The results indicate that large market potential and low levels of cultural distance increase the probability that ANZ manufacturing firms will undertake wholly owned subsidiary (WOS) ownership structures and market-seeking (MS) and/or efficiency-seeking (ES) foreign direct investment (FDI). Low exchange rate fluctuation increases the probability that ANZ manufacturing firms will undertake WOS-type risk reduction-seeking (RRS) FDI. Asian Academy of Management (AAM) 2011 Article PeerReviewed application/pdf en http://eprints.usm.my/36567/1/AAMJ_16.2.6.pdf Tahir, Rizwan and Weijing, Chen (2011) Strategic Motivations Of Australian And New Zealand Manufacturing Foreign Direct Investments In International Markets. Asian Academy of Management Journal (AAMJ), 16 (2). pp. 1-18. ISSN 1394-2603 http://web.usm.my/aamj/16.2.2011/AAMJ_16.2.6.pdf
spellingShingle HD28-70 Management. Industrial Management
Tahir, Rizwan
Weijing, Chen
Strategic Motivations Of Australian And New Zealand Manufacturing Foreign Direct Investments In International Markets
title Strategic Motivations Of Australian And New Zealand Manufacturing Foreign Direct Investments In International Markets
title_full Strategic Motivations Of Australian And New Zealand Manufacturing Foreign Direct Investments In International Markets
title_fullStr Strategic Motivations Of Australian And New Zealand Manufacturing Foreign Direct Investments In International Markets
title_full_unstemmed Strategic Motivations Of Australian And New Zealand Manufacturing Foreign Direct Investments In International Markets
title_short Strategic Motivations Of Australian And New Zealand Manufacturing Foreign Direct Investments In International Markets
title_sort strategic motivations of australian and new zealand manufacturing foreign direct investments in international markets
topic HD28-70 Management. Industrial Management
url http://eprints.usm.my/36567/
http://eprints.usm.my/36567/
http://eprints.usm.my/36567/1/AAMJ_16.2.6.pdf