Do Chinese state-owned and private enterprises differ in their internationalization strategies?
Abstract
We empirically analyze the host-country determinants of Chinese outward direct investments (ODI) in the period from 2003 to 2008, using disaggregated data by country and sector and distinguishing between state-owned or controlled 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 or controlled 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.
Autore Pugliese
Tutti gli autori
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SANFILIPPO M.
Titolo volume/Rivista
Non Disponibile
Anno di pubblicazione
2013
ISSN
1043-951X
ISBN
Non Disponibile
Numero di citazioni Wos
49
Ultimo Aggiornamento Citazioni
Non Disponibile
Numero di citazioni Scopus
60
Ultimo Aggiornamento Citazioni
Non Disponibile
Settori ERC
Non Disponibile
Codici ASJC
Non Disponibile
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