Ownership changes of Japanese affiliates in China: lessons from the perspective of growth options exercising

Ownership changes of Japanese affiliates in China: lessons from the perspective of growth options exercising

AbstractBased on Real Options Theory and taking the perspective of growth options exercising, as well as Tobit model, this paper explores how Japanese enterprises adjust ownership structures in their affiliates as a portfolio in China. Empirical results show that: both demand uncertainty and industr...

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Bibliographic Details
Main Authors: Hongru Liu, Qiaoying Zhu
Format: Article
Language:English
Published: Taylor & Francis Group 2023-12-01
Series:Cogent Business & Management
Subjects:
Uncertainty
growth opportunity
competition
control and coordination capability
ownership expansion
Online Access:https://www.tandfonline.com/doi/10.1080/23311975.2023.2215563

Internet

https://www.tandfonline.com/doi/10.1080/23311975.2023.2215563

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