Detailed Information

Cited 0 time in webofscience Cited 0 time in scopus
Metadata Downloads

피투자국의 부패에 따른 신흥국 다국적기업의 파트너 선택The Effect of Corruption in Host Country on Joint Venture Partner Selection of Emerging Multinational Enterprises

Other Titles
The Effect of Corruption in Host Country on Joint Venture Partner Selection of Emerging Multinational Enterprises
Authors
노태우최지훈김정근박수빈
Issue Date
2021
Publisher
한국무역학회
Keywords
Joint venture; Partner selection; Entry mode; Emerging multinational enterprises; Grand corruption; Petty corruption
Citation
무역학회지, v.46, no.2, pp.177 - 191
Journal Title
무역학회지
Volume
46
Number
2
Start Page
177
End Page
191
URI
https://scholarworks.bwise.kr/sch/handle/2021.sw.sch/19326
DOI
10.22659/KTRA.2021.46.2.177
ISSN
1226-2765
Abstract
Based on the existing OFDI (outward foreign direct investment) literature, this study endeavored to verify how the corruption of host countries affects the partner strategy of EMNEs (emerging multinational enterprises) when EMNEs enter global markets through joint ventures. Following the existing literature, this study classified corruption and partner strategies into two categories, respectively. First, the corruption of host country was divided into grand corruption and petty corruption. Second, EMNEs' joint venture partner strategy was divided into home country partner joint venture and host country (i.e., local) partner joint venture. Our hypothesis suggested that the greater the host country's grand corruption, the more EMNEs would choose the host country partner, while the strong petty corruption leads to the preference of home country partner in host country. The hypotheses were verified with a sample of 890 foreign direct investment cases of Chinese multinational companies from 2005 to 2015. As a result of the study, regardless of the degree of corruption, it was found that they prefer joint ventures with home country partners when EMNEs enter the global market through joint ventures.
Files in This Item
There are no files associated with this item.
Appears in
Collections
College of Global Business > Department of International Trade and Commerce > 1. Journal Articles

qrcode

Items in ScholarWorks are protected by copyright, with all rights reserved, unless otherwise indicated.

Altmetrics

Total Views & Downloads

BROWSE