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,...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Asian Academy of Management (AAM)
2011
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| Online Access: | http://eprints.usm.my/36567/1/AAMJ_16.2.6.pdf |
| _version_ | 1825833494715039744 |
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| author | Tahir, Rizwan Weijing, Chen |
| author_facet | Tahir, Rizwan Weijing, Chen |
| author_sort | Tahir, Rizwan |
| collection | USM |
| 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. |
| first_indexed | 2024-03-06T15:08:40Z |
| format | Article |
| id | usm.eprints-36567 |
| institution | Universiti Sains Malaysia |
| language | English |
| last_indexed | 2024-03-06T15:08:40Z |
| publishDate | 2011 |
| publisher | Asian Academy of Management (AAM) |
| record_format | dspace |
| spelling | usm.eprints-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/36567/1/AAMJ_16.2.6.pdf |
| work_keys_str_mv | AT tahirrizwan strategicmotivationsofaustralianandnewzealandmanufacturingforeigndirectinvestmentsininternationalmarkets AT weijingchen strategicmotivationsofaustralianandnewzealandmanufacturingforeigndirectinvestmentsininternationalmarkets |