The role of reference groups in international investment decisions by firms from emerging economies
نویسندگان
چکیده
Article history: Received 1 October 2008 Received in revised form 1 September 2009 Accepted 1 January 2010 Available online 8 April 2010 Investments in China by firms from emerging economies were studied to determine how various reference groups affect their foreign market entry behavior. Imitation was shown to be an important factor, but the mechanism seems to vary depending on the institutional environments in the host and the home market. Firms from emerging economies seem to rely on copying the entry decisions of peers from their home country, especially in locations where the risk of government meddling is greatest. The example of firms from developed economies was found to be less influential. © 2010 Elsevier Inc. All rights reserved.
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تاریخ انتشار 2010