학술저널
A CROSS SECTIONAL ANALYSIS OF JOINT VENTURES AND ACQUISITIONS IN DEVELOPED AND DEVELOPING COUNTRIES
- People & Global Business Association
- Global Business and Finance Review
- Vol.1 No.1
-
1996.0647 - 56 (9 pages)
- 6
A logit model is used to determine the significant factors that affect a U.S. MNC's decision to enter a target country by either joint venture or acquisition. In general, low risk and low expense in the target market favor the acquisition mode. For entrance into developing countries, gross national product, percent growth in gross national product, wage cost, political risk of the country, and the U.S. firm's foreign experience are significant components of the entry mode choice. In contrast, only wage cost is significant for entrance decisions into developed countries.
Abstract
INTRODUCTION
DECISION VARIABLES AND DATA SOURCES
SAMPLE CHARACTERISTICS
METHODS
RESULTS AND DISCUSSION
CONCLUSION
ENDNOTES
REFERENCES
BIOGRAPHY
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