Do managers behave the way theory suggests? A choice-theoretic examination of foreign direct investment location decision-making

摘要: Many empirical examinations of foreign direct investment location choice have relied on the use secondary data and surveys choices made by firms about form overseas investment. These studies two inherent related problems. First, they rely solely different firms, assume that domains possible options considered were same. Second, there is an assumption rules used to make these decisions, yet decisions are boundedly rational managers. After reviewing literature, this study examines managers’ through structured experimentation. The results show in creating sets investments ‘consider’, managers appear follow fairly rules. However, actual ‘investments’ appears less aligned traditional models.