On the Impacts of Cultural Differences on International Direct Investments
Since the mid-1980s, the scale of international direct investments has been growing. The international direct investment gradually overtaking international trade has become the major carrier of international economic relations. Meanwhile, it has become the leading structure of foreign investments of developing countries instead of the international bank lending. In the research area of international investments, it is believed that cultural differences have great influence on the entry modes of international direct investments and the performance of foreign subsidiaries. Nowadays, cultural differences between countries and their potentially harmful consequences have received a lot of attention in the FDI literature. This paper will attempt to develop a comprehensive study of the relationship between cultural distance, entry mode choice, and subsidiary performance. Thus enabling a more precise assessment of the impact of cultural differences on foreign entry mode choice and subsequent subsidiary performance.
international direct investment cultural difference entrymode subsidiarys performance
WANG Lihua HU Hao
The Department of Business Administration, Guangxi Technological College of Machinery and Electricit School of Real Estate, Shanghai University, Shanghai, P.R.China, 201702
国际会议
2009 International Conference on Growth of Firm and Management Innovation(2009企业成长与管理创新国际学术会议)
北京
英文
168-172
2009-09-01（万方平台首次上网日期，不代表论文的发表时间）