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of FDI-related ownership choices and their relation with host country characteristics and indicators of transaction costs …. Geographical and cultural distance has ambiguous effects on the choice between JVs and WOS. The composition of FDI projects tends …. -- Outward FDI ; ownership choices ; transaction costs ; host country characteristics ; India …
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The present paper argues that the effect of corruption on foreign ownership is not necessarily linear and depends on the level of host corruption. So long as the expected returns from foreign investments exceed its expected costs, higher host corruption will be associated with higher foreign...
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Institutional distance has been known to be an important driver of Multinational Enterprises' strategies and performance in host countries. Based on a large panel dataset of 10,562 firms operating in 17 emerging markets and spanning 80 home countries, we re-examine the relationship described by...
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In international joint ventures, where one of the partners is a multinational enterprise (MNE) and the other is a local firm that possesses some significant advantage in its market, there are sometimes issues of control (who is in charge of what) that may be reflected in the financial structure...
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