Work

Do Chinese SOEs and Private Companies Differ in Their Foreign Location Strategies

Year: 2012

Type: preprint

Abstract: We empirically analyze the host-country determinants of Chinese outbound foreign direct investments (ODI) in the period from 2003 to 2008, using disaggregated data by country and sector and distinguishing between State-owned 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 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.

Source: RePEc: Research Papers in Economics

Authors: Alessia Amighini, Roberta Rabellotti, Marco Sanfilippo

Language: English

Topic: International Business and FDI

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W2163592666

Cites: 27

Cited by: 14

Related to: 10