Japanese Firms' Investment Strategies in Emerging Economies

48 Pages Posted: 18 Apr 2002

See all articles by Andrew Delios

Andrew Delios

National University of Singapore (NUS) - Department of Business Policy

Witold J. Henisz

University of Pennsylvania - Management Department

Abstract

This study jointly examines the effects of organizational capabilities and public and private expropriation hazards on the level of equity ownership chosen for foreign subsidiaries in emerging markets. Specifically, we explore the mechanisms by which 660 Japanese multinational corporations draw upon industry-specific, country-specific and total international experience to mitigate these hazards in FDI for their 1,727 subsidiaries in 18 emerging markets. Results strongly support a novel specification that forges a link between the capabilities and the public and private expropriation hazards literatures.

Keywords: FDI, Political risk, Japan, International

Suggested Citation

Delios, Andrew and Henisz, Witold Jerzy, Japanese Firms' Investment Strategies in Emerging Economies. Available at SSRN: https://ssrn.com/abstract=305342 or http://dx.doi.org/10.2139/ssrn.305342

Andrew Delios (Contact Author)

National University of Singapore (NUS) - Department of Business Policy ( email )

1 Business Link
Singapore 117591
Singapore
(65) 6874-3094 (Phone)
(65) 6779-5059 (Fax)

Witold Jerzy Henisz

University of Pennsylvania - Management Department ( email )

The Wharton School
Philadelphia, PA 19104-6370
United States
215-898-0788 (Phone)
215-898-0401 (Fax)

HOME PAGE: http://www-management.wharton.upenn.edu/henisz/

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
661
Abstract Views
7,738
Rank
76,416
PlumX Metrics