TY - JOUR
AU - Beamish, Paul
AB - This study examines the moderating effects of a host government's local ownership restrictions on the linkage between the choice of foreign entry mode and its performance, using a sample of 917 Japanese foreign subsidiaries in Asia. The study focuses on two foreign entry modes, joint ventures (JVs) and wholly-owned subsidiaries (WOS), and two performance measures, financial performance and termination rate. The results suggest that the extent of local ownership restrictions is negatively and significantly associated with the financial performance of WOS, whereas it does not directly influence that of JVs. There is no clear association between the extent of local ownership restrictions and the termination rate for the JV and WOS samples.
TI - Local Ownership Restrictions, Entry Mode Choice, and FDI Performance: Japanese Overseas Subsidiaries in Asia
JF - Asia Pacific Journal of Management
DO - 10.1023/A:1015481312926
DA - 2004-10-02
UR - https://www.deepdyve.com/lp/springer-journals/local-ownership-restrictions-entry-mode-choice-and-fdi-performance-BaBq9IrOS5
SP - 119
EP - 136
VL - 15
IS - 2
DP - DeepDyve
ER -