Date of Award

2011

Degree Type

Thesis

Degree Name

Master of Philosophy (MPHIL)

Department

Marketing and International Business

First Advisor

Prof. CUI Geng

Second Advisor

Prof. CHAN Tsang-sing

DOI (Altmetric)

10.14793/mkt_etd.4

Abstract

As we all know, economic globalization and internationalization have sparked off countless studies and arguments in the past years. Some of the conventional theories about the internationalization of firms, however, are repeatedly challenged when they are applied to the less developed countries. The internationalization of firms from less developed countries has been a topic of growing interest in the international business and economics literature. In our study, we consider the influence of institutions from both the host and home country on entry modes of Chinese firms expanding overseas. Based on a sample of 314 China’s MNCs, the results support our hypotheses that both home and host institutions have significant effects on entry modes. Meanwhile, there are significant interactions between institutional quality of the host country and the government support of the home country and ownership type. At last, we find that both home and host institutional factors also affect the entry mode for a certain investment type, especially for the R&D investment. These findings have meaningful implications for understanding the internationalization behaviors of Chinese firms and the effect of dual institutional factors in studying the foreign entry modes of MNCs.

Recommended Citation

Zhang, Y. (2011). The internationalization of emerging market multinationals : effects of host and home country institutional facotrs (Master's thesis, Lingnan University, Hong Kong). Retrieved from http://dx.doi.org/10.14793/mkt_etd.4

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