Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/19140
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dc.creatorRaff, Horst-
dc.creatorRyan, Michael-
dc.creatorStähler, Frank-
dc.date2006-
dc.date.accessioned2013-10-16T07:03:08Z-
dc.date.available2013-10-16T07:03:08Z-
dc.date.issued2013-10-16-
dc.identifierhttp://hdl.handle.net/10419/19140-
dc.identifierppn:510025722-
dc.identifier.urihttp://koha.mediu.edu.my:8181/xmlui/handle/10419/19140-
dc.descriptionThis paper examines the link between a firm?s ownership of productive assets and its choice of foreign-market entry strategy. We find that, controlling for industry- and country-specific characteristics, the most productive firms (i.e., those owning the most assets) will enter through greenfield investment, less productive ones will choose M&A, and the least productive ones will export. In addition, the most productive firms are shown to prefer whole ownership to a joint venture. These predictions are confirmed in an econometric analysis of Japanese firm-level data.-
dc.languageeng-
dc.publisher-
dc.relationCESifo working papers 1676-
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.subjectF15-
dc.subjectF12-
dc.subjectddc:330-
dc.subjectforeign direct investment-
dc.subjectmerger and acquisition-
dc.subjectjoint venture-
dc.subjectgreenfield investment-
dc.subjectfirm heterogeneity-
dc.subjectproductivity-
dc.subjectDirektinvestition-
dc.subjectInternationale Markteintrittsstrategie-
dc.subjectBetriebsvermögen-
dc.subjectProduktivität-
dc.subjectSchätzung-
dc.subjectTheorie-
dc.subjectMultinationales Unternehmen-
dc.subjectJapan-
dc.titleAsset ownership and foreign-market entry-
dc.typedoc-type:workingPaper-
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