Ownership Strategy of Multinationals from ASEAN: The Case of their Investment in Sino-foreign Joint Ventures1
作者： Patrick S. Hu , Michael Y. Hu , Haiyang Chen
DOI:
关键词: International joint venture 、 Foreign ownership 、 International trade 、 China 、 Foreign direct investment 、 Social venture capital 、 International economics 、 Business 、 Investment (macroeconomics) 、 Risk–return spectrum 、 Duration (project management)
摘要: ■ This paper examines foreign ownership choice in joint ventures formed by multinationals from ASEAN China. A central hypothesis is formulated: an international venture related to the tradeoff between risk and return of venture, investors' proprietary assets transferred venture. The empirical results support that a higher degree positively associated with amount investment, planned duration, location. study did not found supporting evidence for intangible assets.
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