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Details for article 3 of 6 found articles
| Title: |
Does Foreign direct investment mode choice affect the value of the investing firm? |
| Author: |
Cho, Myeong-Hyeon |
| Appeared in: |
Global economic review |
| Paging: | Volume 27 (1998) nr. 4 pages 3-19 |
| Year: |
1998 |
| Contents: |
This study provides direct evidence of the effect of foreign direct investment-mode choice (acquisitions vs. joint ventures) on the value of the investing firm. Evidence shows that joint ventures, on average, tend to be a value-creating investment mode when firms make initial investments in new foreign countries. On the other hand, acquisitions tend to be, on average, a value-creating investment mode when firms make subsequent investments in countries where they have operating experiences. The findings, consistent with previous research regarding the relation between mode choice and long-run performance of the ventures in foreign host countries, suggest that the strategic choice of investment mode is critical to creating value for investing firm. |
| Publisher: |
Routledge |
| Source file: |
Elektronische Wetenschappelijke Tijdschriften |
Details for article 3 of 6 found articles
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