Showing 1 - 10 of 515
business literature to analyze Chinese firms' fast-growing and aggressive outward foreign direct investment (OFDI). In … institutional determinants of Chinese firms' OFDI motivations and strategies, by further looking at the impact of direct and … potential concerns on China's state-backed OFDI and its implication on long-term sustainability. -- outward foreign direct …
Persistent link: https://www.econbiz.de/10009377792
We provide an empirical analysis of host country determinants of Chinese outward FDI for the period 2003 to 2008, using … is attracted by market seeking motivations. As expected, resource seeking is an important motivation for Chinese FDI in … motivations are relevant for both manufacturing and services. -- China ; foreign direct investment ; internationalization ; trade …
Persistent link: https://www.econbiz.de/10009489293
's ODI, b) the Chinese exports to developing countries induce China's ODI, c) China's international reserves promote its ODI …We investigate the empirical determinants of China's outward direct investment (ODI). It is found that China … developed and developing countries, there is evidence that a) both market seeking and resources seeking motives drive China …
Persistent link: https://www.econbiz.de/10003833316
This paper examines how restrictions on the tax-deductibility of interest cost affect location choices of multinational corporations (MNCs). Many countries have introduced so-called thin-capitalization rules (TCRs) to prevent MNCs from shifting tax base to countries with lower tax rates. As of...
Persistent link: https://www.econbiz.de/10011300391
Using a unique dataset on worldwide multinational corporations with precise location of headquarters and affiliates, I present evidence of a trade-off between distance to the headquarters and the knowledge intensity of the foreign subsidiary's economic activity, emerging from dynamics related to...
Persistent link: https://www.econbiz.de/10011864328
This chapter reviews the literature providing empirical estimates on the tax elasticity of multinational profits and discusses the challenges faced when attempting to quantify tax-motivated profit shifting. We first use micro-level data to show that multinational corporations hold a...
Persistent link: https://www.econbiz.de/10014514815
firms in China over 2004-2007, we find that foreign affiliates from countries with a more gender-equal culture tend to … raises China's aggregate total factor productivity by 5%, of which spillovers from multinationals account for 19%. …
Persistent link: https://www.econbiz.de/10011587967
Whether a firm is able to attract foreign capital and whether it may participate at the export market depends on whether the fixed costs associated with doing so are at least covered by the incremental operating profits. This paper provides evidence that success for some firms in attracting...
Persistent link: https://www.econbiz.de/10011822884
Made in China 2025 influence investment patterns of Chinese state-owned acquirers but not those of private investors …In recent years Chinese acquisitions abroad have increased significantly. This paper uses a large dataset on cross …-border M&A deals to investigate whether Chinese foreign acquisitions differ from acquisitions coming from other countries. We …
Persistent link: https://www.econbiz.de/10011992349
quantification of the gains from optimal ownership within multinational firms, by exploiting a major liberalization of China's policy …
Persistent link: https://www.econbiz.de/10014312548