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文章基本信息

  • 标题:FDI entry mode choice and ownership structure in Turkish market: A firm-level analysis
  • 作者:Burçak Polat ; Miao Grace Wang ; Reviewing Editor
  • 期刊名称:Cogent Economics & Finance
  • 电子版ISSN:2332-2039
  • 出版年度:2017
  • 卷号:5
  • 期号:1
  • 页码:1283762
  • DOI:10.1080/23322039.2017.1283762
  • 语种:English
  • 出版社:Taylor and Francis Ltd
  • 摘要:Abstract The choice of a foreign firm’s entry mode into a host country is a strategic decision which impacts its future survival and success in other countries. By employing multinomial logit regression, this study aims to investigate the impact of the firm’s level of financial data on the entry mode decisions of investors and their ownership structure in Turkey from 2005 to 2012. The empirical findings have revealed that larger firms with high rate of profitability ratios are more likely to choose the full-ownership mode over others. On the other hand, a higher rate of return on equity increases the probability of investors choosing the shared-ownership mode.
  • 关键词:multinational corporations ; entry mode ; mergers and acquisitions ; foreign direct investment; joint venture companies
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