登入選單
返回Google圖書搜尋
Do Chinese SOEs and Private Companies Differ in Their Foreign Location Strategies?
其他書名
Alessia Amighini, Roberta Rabellotti, Marco Sanfilippo
出版European University Institute, 2012
URLhttp://books.google.com.hk/books?id=3AyCMwEACAAJ&hl=&source=gbs_api
註釋We empirically analyze the host-country determinants of Chinese outbound foreign direct investments (ODI) in the period from 2003 to 2008, using disaggregated data by country and sector and distinguishing between State-owned enterprises (SOEs) and privately owned firms. Our results show that the pattern of Chinese ODI differs according to corporate ownership. Private firms are attracted by large markets and host-country strategic assets and are averse to economic and political risks when choosing investment locations abroad. Differently, state-owned enterprises follow the strategic needs of their home country and invest more in natural resource sectors, being largely indifferent to the political and economic conditions in the host countries.