Effects of political risk, cultural distance and language diversity on choices between international joint-ventures and cross-border acquisitions
| Autor: | Che-Wei Su, 蘇哲緯 |
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| Rok vydání: | 2013 |
| Druh dokumentu: | 學位論文 ; thesis |
| Popis: | 101 This study aims the effects of political risk, cultural distance and language diversity on choices between international joint-ventures and cross-border acquisitions. This research collects the data of enterprises from Greater China (China, Hong-Kong, Singapore and Taiwan) and discusses their preferences of entry mode choice between international joint-ventures and cross-border acquisitions. Our results show that: (1) when the cultural distance are large, firms prefer to enter a foreign market through international joint-venture; (2) when the political risk is high, firms prefer to enter a foreign market through international joint-venture; (3) firms prefer to enter a foreign market through international joint-venture if language diversity exists. This study also evaluates the interaction effect between the six dimensions of political risk with cultural distance and language diversity. We found that cultural distance will strengthen the influence of four dimensions in political risk on entry mode choice. This research found that the dimension of Political Stability & Absence of Violence (PRPV) and the dimension of Rule of Law (PRRL) are key factors in political risk that influence entry mode choice the most. |
| Databáze: | Networked Digital Library of Theses & Dissertations |
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