External Finance and the Foreign Direct Investment Decision: Evidence from Privately Owned Enterprises in China

被引：3
|
作者：
Duanmu, Jing-Lin [1 ]
机构：
[1] Univ Surrey, Surrey Business Sch, Surrey GU2 7XH, England
来源：
INTERNATIONAL JOURNAL OF THE ECONOMICS OF BUSINESS | 2015年 / 22卷 / 01期
关键词：
FDI Decision; External Finance; POEs; Group Affiliation; Labour Practices;
D O I：
10.1080/13571516.2014.992118
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Access to external finance is found to be a statistically significant factor explaining the probability of privately owned enterprises (POEs) in China undertaking foreign direct investment (FDI). The significance of external finance is magnified in industries featuring a heavy dependence on external finance, high technology, low tangibility, and high inventory. The external finance and FDI linkage is weaker for POEs with group affiliation, but stronger for those with generous employment welfare practices.
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页码：23 / 45
页数：23
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