메뉴 건너뛰기




Volumn 21, Issue 5, 2012, Pages 878-890

Host-home country linkages and host-home country specific advantages as determinants of foreign acquisitions by Indian firms

Author keywords

Country specific advantages (CSAs); Eclectic Paradigm; Emerging country multinationals (EMNEs); Foreign direct investment (FDI) determinants; India; Linkages; Mergers acquisitions (M As); Multinational enterprises (MNEs)

Indexed keywords


EID: 84863994045     PISSN: 09695931     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.ibusrev.2011.10.001     Document Type: Article
Times cited : (138)

References (67)
  • 1
    • 0002855029 scopus 로고
    • Socio-cultural distance and the choice of joint ventures: A contingency perspective
    • Agarwal S. Socio-cultural distance and the choice of joint ventures: A contingency perspective. Journal of International Marketing 1994, 2(2):63-80.
    • (1994) Journal of International Marketing , vol.2 , Issue.2 , pp. 63-80
    • Agarwal, S.1
  • 3
    • 0001954365 scopus 로고
    • A theory of direct foreign investment
    • MIT Press, Cambridge, C. Kindleberger (Ed.)
    • Aliber R.Z. A theory of direct foreign investment. The international corporation: A symposium 1970, 17-34. MIT Press, Cambridge. C. Kindleberger (Ed.).
    • (1970) The international corporation: A symposium , pp. 17-34
    • Aliber, R.Z.1
  • 4
    • 0036139214 scopus 로고    scopus 로고
    • On determinants of foreign direct investments to developing countries: Is Africa different?
    • Asiedu E. On determinants of foreign direct investments to developing countries: Is Africa different?. World Development 2002, 30(11):107-119.
    • (2002) World Development , vol.30 , Issue.11 , pp. 107-119
    • Asiedu, E.1
  • 5
    • 84892691037 scopus 로고    scopus 로고
    • Multinationals as arbitrageurs: The effect of stock market valuations on FDI
    • Baker M., Foley C.F., Wurgler J. Multinationals as arbitrageurs: The effect of stock market valuations on FDI. The Review of Financial Services 2009, 22(1):337-369.
    • (2009) The Review of Financial Services , vol.22 , Issue.1 , pp. 337-369
    • Baker, M.1    Foley, C.F.2    Wurgler, J.3
  • 8
    • 0000196911 scopus 로고
    • The stock market and investment
    • Barrow R.J. The stock market and investment. The Review of Financial Studies 1990, 3(1):115-131.
    • (1990) The Review of Financial Studies , vol.3 , Issue.1 , pp. 115-131
    • Barrow, R.J.1
  • 9
    • 85132287182 scopus 로고
    • The expansion of foreign direct investment: Discrete rational location choices or a cultural learning process?
    • Benito G.R.G., Gripsrud G. The expansion of foreign direct investment: Discrete rational location choices or a cultural learning process?. Journal of International Business Studies 1992, 23(3):461-476.
    • (1992) Journal of International Business Studies , vol.23 , Issue.3 , pp. 461-476
    • Benito, G.R.G.1    Gripsrud, G.2
  • 10
    • 0001456421 scopus 로고    scopus 로고
    • Firm-specific assets and the link between exchange rates and foreign direct investment
    • Blonigen B.A. Firm-specific assets and the link between exchange rates and foreign direct investment. American Economic Review 1997, 87(3):447-465.
    • (1997) American Economic Review , vol.87 , Issue.3 , pp. 447-465
    • Blonigen, B.A.1
  • 11
    • 84970123032 scopus 로고
    • Ethinic affirmation versus cross cultural accommodation: The variable impact of questionnaire language on Chinese bilinguals from Hong Kong
    • Bond M.H., Yang K.-S. Ethinic affirmation versus cross cultural accommodation: The variable impact of questionnaire language on Chinese bilinguals from Hong Kong. Journal of Cross-Cultural Psychology 1982, 13:169-185.
    • (1982) Journal of Cross-Cultural Psychology , vol.13 , pp. 169-185
    • Bond, M.H.1    Yang, K.-S.2
  • 12
    • 60849094455 scopus 로고    scopus 로고
    • The impact of the global factory on economic development
    • Buckley P.J. The impact of the global factory on economic development. Journal of World Business 2009, 44(2):131-143.
    • (2009) Journal of World Business , vol.44 , Issue.2 , pp. 131-143
    • Buckley, P.J.1
  • 14
    • 0002382841 scopus 로고
    • The optimal timing of a foreign direct investment
    • Buckley P.J., Casson M. The optimal timing of a foreign direct investment. Economic Journal 1981, 91(361):75-87.
    • (1981) Economic Journal , vol.91 , Issue.361 , pp. 75-87
    • Buckley, P.J.1    Casson, M.2
  • 16
    • 0038458759 scopus 로고    scopus 로고
    • Evolution of FDI in the United States in the context of trade liberalization and regionalization
    • Buckely P.J., Clegg J., Forsans N., Reilly K.T. Evolution of FDI in the United States in the context of trade liberalization and regionalization. Journal of Business Research 2003, 56(10):853-857.
    • (2003) Journal of Business Research , vol.56 , Issue.10 , pp. 853-857
    • Buckely, P.J.1    Clegg, J.2    Forsans, N.3    Reilly, K.T.4
  • 18
    • 85131750010 scopus 로고
    • Overseas production and exporting by the world's largest enterprise: A study in sourcing policy
    • Buckley P.J., Pearce R.D. Overseas production and exporting by the world's largest enterprise: A study in sourcing policy. Journal of International Business Studies 1979, 10:1-20.
    • (1979) Journal of International Business Studies , vol.10 , pp. 1-20
    • Buckley, P.J.1    Pearce, R.D.2
  • 20
    • 0034972884 scopus 로고    scopus 로고
    • The determinants of foreign direct investment: Sensitivity analyses of cross-country regressions
    • Chakrabarti A. The determinants of foreign direct investment: Sensitivity analyses of cross-country regressions. Kyklos 2001, 54:89-114.
    • (2001) Kyklos , vol.54 , pp. 89-114
    • Chakrabarti, A.1
  • 22
    • 68349136849 scopus 로고    scopus 로고
    • Separable but not equal: The location determinants of discrete services offshoring activities
    • Doh J.P., Bunyaratavej K., Hahn E.D. Separable but not equal: The location determinants of discrete services offshoring activities. Journal of International Business Studies 2009, 40:926-943.
    • (2009) Journal of International Business Studies , vol.40 , pp. 926-943
    • Doh, J.P.1    Bunyaratavej, K.2    Hahn, E.D.3
  • 23
    • 33747741794 scopus 로고    scopus 로고
    • Developing a multidimensional instrument to measure psychic distance stimuli
    • Dow D., Karunaratna A. Developing a multidimensional instrument to measure psychic distance stimuli. Journal of International Business Studies 2006, 37(5):578-602.
    • (2006) Journal of International Business Studies , vol.37 , Issue.5 , pp. 578-602
    • Dow, D.1    Karunaratna, A.2
  • 24
    • 0002445582 scopus 로고
    • Trade, location of economic activity and MNE: A search for an eclectic approach
    • McMillan, London, B. Ohlin, P.O. Hesselborn, P.J. Wijkmann (Eds.)
    • Dunning J.H. Trade, location of economic activity and MNE: A search for an eclectic approach. The international allocation of economic activity 1977, 398-418. McMillan, London. B. Ohlin, P.O. Hesselborn, P.J. Wijkmann (Eds.).
    • (1977) The international allocation of economic activity , pp. 398-418
    • Dunning, J.H.1
  • 25
    • 85125817602 scopus 로고
    • Towards an eclectic theory of international production: Some empirical tests
    • Dunning J.H. Towards an eclectic theory of international production: Some empirical tests. Journal of International Business Studies 1980, 11(1):9-31.
    • (1980) Journal of International Business Studies , vol.11 , Issue.1 , pp. 9-31
    • Dunning, J.H.1
  • 27
    • 33645557236 scopus 로고    scopus 로고
    • Comment on dragon multinationals: New players in 21st century globalisation
    • Dunning J.H. Comment on dragon multinationals: New players in 21st century globalisation. Asia Pacific Journal of Management 2006, 23:139-141.
    • (2006) Asia Pacific Journal of Management , vol.23 , pp. 139-141
    • Dunning, J.H.1
  • 28
    • 32944465527 scopus 로고    scopus 로고
    • Towards a new paradigm of economic development: Implications for the determinants of international business activity
    • Dunning J.H. Towards a new paradigm of economic development: Implications for the determinants of international business activity. Transnational Corporations 2006, 15(1):173-227.
    • (2006) Transnational Corporations , vol.15 , Issue.1 , pp. 173-227
    • Dunning, J.H.1
  • 29
    • 0028807374 scopus 로고
    • Trade blocs, currency blocs and the reorientation of world trade in the 1930s
    • Eichengreen B., Irwin D.A. Trade blocs, currency blocs and the reorientation of world trade in the 1930s. Journal of International Economics 1995, 38(1/2):1-24.
    • (1995) Journal of International Economics , vol.38 , Issue.1-2 , pp. 1-24
    • Eichengreen, B.1    Irwin, D.A.2
  • 30
    • 84864022976 scopus 로고    scopus 로고
    • Trend in stock Exchange operations in India
    • EPW Research Foundation
    • EPW Research Foundation Trend in stock Exchange operations in India. Economic and Political Weekly 2008, 43(50):71.
    • (2008) Economic and Political Weekly , vol.43 , Issue.50 , pp. 71
  • 33
    • 85151597074 scopus 로고    scopus 로고
    • G15.org. Accessed 19.08.09.
    • G15.org. (2010). Accessed 19.08.09. http://www.g15.org/.
    • (2010)
  • 34
    • 85151609388 scopus 로고    scopus 로고
    • G20.org. Accessed 19.08.09.
    • G20.org. (2010). Accessed 19.08.09. http://www.g20.org/index.aspx.
    • (2010)
  • 35
    • 23844449536 scopus 로고    scopus 로고
    • Foreign direct investment and growth under economic integration
    • 157-154
    • Gao T. Foreign direct investment and growth under economic integration. Journal of International Economics 2005, 67. 157-154.
    • (2005) Journal of International Economics , vol.67
    • Gao, T.1
  • 36
    • 0009892550 scopus 로고    scopus 로고
    • Distance still matters: The hard reality of global expansion
    • Ghamawat P. Distance still matters: The hard reality of global expansion. Harvard Business Review 2001, 79(8):137-147.
    • (2001) Harvard Business Review , vol.79 , Issue.8 , pp. 137-147
    • Ghamawat, P.1
  • 37
    • 60549104987 scopus 로고    scopus 로고
    • Making the locational choice: A case approach to the development of a theory of offshore outsourcing and internationalization
    • Hatonen J. Making the locational choice: A case approach to the development of a theory of offshore outsourcing and internationalization. Journal of International Management 2009, 15:61-76.
    • (2009) Journal of International Management , vol.15 , pp. 61-76
    • Hatonen, J.1
  • 38
    • 43949122212 scopus 로고    scopus 로고
    • The long-run relationship between outward FDI and domestic output: Evidence from panel data
    • Herzer D. The long-run relationship between outward FDI and domestic output: Evidence from panel data. Economic Letters 2008, 100:146-149.
    • (2008) Economic Letters , vol.100 , pp. 146-149
    • Herzer, D.1
  • 39
    • 0000584306 scopus 로고
    • Internationalisation in industrial systems - Network approach
    • Croom Helm, London, N. Hood, J.E. Vahlne (Eds.)
    • Johanson J., Mattsson L.-G. Internationalisation in industrial systems - Network approach. Strategies in global competition 1988, 287-314. Croom Helm, London. N. Hood, J.E. Vahlne (Eds.).
    • (1988) Strategies in global competition , pp. 287-314
    • Johanson, J.1    Mattsson, L.-G.2
  • 40
    • 85088437439 scopus 로고
    • The internationalisation process of the firm-A model of knowledge development and increasing foreign market commitments
    • Johanson J., Vahlne J.-E. The internationalisation process of the firm-A model of knowledge development and increasing foreign market commitments. Journal of International Business Studies 1977, 8(1):23-32.
    • (1977) Journal of International Business Studies , vol.8 , Issue.1 , pp. 23-32
    • Johanson, J.1    Vahlne, J.-E.2
  • 41
    • 70649085149 scopus 로고    scopus 로고
    • The Uppsala internationalization process model revisited: From liability of foreignness to liability of outsidership
    • Johanson J., Vahlne J.-E. The Uppsala internationalization process model revisited: From liability of foreignness to liability of outsidership. Journal of International Business Studies 2009, 40:1411-1431.
    • (2009) Journal of International Business Studies , vol.40 , pp. 1411-1431
    • Johanson, J.1    Vahlne, J.-E.2
  • 42
    • 84980231062 scopus 로고
    • The internationalisation of the firm-Four Swedish cases
    • Johanson J., Wiedersheim P.F. The internationalisation of the firm-Four Swedish cases. Journal of Management Studies 1975, 12(3):205-322.
    • (1975) Journal of Management Studies , vol.12 , Issue.3 , pp. 205-322
    • Johanson, J.1    Wiedersheim, P.F.2
  • 43
    • 84986761880 scopus 로고
    • The effect of national culture on the choice of entry mode
    • Kogut B., Singh H. The effect of national culture on the choice of entry mode. Journal of International Business Studies 1988, 19(3):411-432.
    • (1988) Journal of International Business Studies , vol.19 , Issue.3 , pp. 411-432
    • Kogut, B.1    Singh, H.2
  • 44
    • 0002645070 scopus 로고
    • A macroeconomic approach to foreign direct investment
    • Kojima K. A macroeconomic approach to foreign direct investment. Hitotsubashi Journal of Economics 1973, 14:11-21.
    • (1973) Hitotsubashi Journal of Economics , vol.14 , pp. 11-21
    • Kojima, K.1
  • 45
    • 0008329728 scopus 로고
    • International trade and foreign direct investment: Substitute or complements
    • Kojima K. International trade and foreign direct investment: Substitute or complements. Hitotsubashi Journal of Economics 1975, 16:1-12.
    • (1975) Hitotsubashi Journal of Economics , vol.16 , pp. 1-12
    • Kojima, K.1
  • 47
    • 0037924291 scopus 로고    scopus 로고
    • Internationalisation of SMEs: Inward-outward patterns and government policy
    • Korhonen H., Luostarinen R., Welch L. Internationalisation of SMEs: Inward-outward patterns and government policy. Management International Review 1996, 36(4):315-329.
    • (1996) Management International Review , vol.36 , Issue.4 , pp. 315-329
    • Korhonen, H.1    Luostarinen, R.2    Welch, L.3
  • 48
    • 33644522047 scopus 로고    scopus 로고
    • Dragon multinationals: New players in 21st century globalisation
    • Mathews J.A. Dragon multinationals: New players in 21st century globalisation. Asia Pacific Journal of Management 2006, 23:5-27.
    • (2006) Asia Pacific Journal of Management , vol.23 , pp. 5-27
    • Mathews, J.A.1
  • 49
    • 73249146708 scopus 로고    scopus 로고
    • China, India and Brazil: Tiger technologies, dragon multinationals and the building of national systems of economic learning
    • Mathews J.A. China, India and Brazil: Tiger technologies, dragon multinationals and the building of national systems of economic learning. Asian Business & Management 2009, 8:5-32.
    • (2009) Asian Business & Management , vol.8 , pp. 5-32
    • Mathews, J.A.1
  • 50
    • 85151591113 scopus 로고    scopus 로고
    • Beyond trade: The impact of preferential trade agreements on foreign direct investment inflows (The World Bank, WPS4065)
    • Medvedev, D. (2006). Beyond trade: The impact of preferential trade agreements on foreign direct investment inflows (The World Bank, WPS4065, pp. 1-66).
    • (2006) , pp. 1-66
    • Medvedev, D.1
  • 51
    • 84989060605 scopus 로고
    • Country capabilities and the strategic state: How national political institutions affect multinational corporations' strategies
    • Murtha T.P., Lenway S.A. Country capabilities and the strategic state: How national political institutions affect multinational corporations' strategies. Strategic Management Journal 1994, 15:113-129.
    • (1994) Strategic Management Journal , vol.15 , pp. 113-129
    • Murtha, T.P.1    Lenway, S.A.2
  • 53
    • 85151593557 scopus 로고    scopus 로고
    • Outward foreign direct investment from India: Recent trends and patterns (GIDR Working Paper No. 153). Ahmedabad: Gujarat Institute of Development Research.
    • Pradhan, J. P. (2005). Outward foreign direct investment from India: Recent trends and patterns (GIDR Working Paper No. 153, pp. 1-35). Ahmedabad: Gujarat Institute of Development Research.
    • (2005) , pp. 1-35
    • Pradhan, J.P.1
  • 54
    • 48849090217 scopus 로고    scopus 로고
    • Overseas mergers and acquisitions by Indian enterprises: Patterns and motivations
    • Pradhan J.P., Abraham V. Overseas mergers and acquisitions by Indian enterprises: Patterns and motivations. Indian Journal of Economics 2005, LXXXV:365-386.
    • (2005) Indian Journal of Economics , vol.85 , pp. 365-386
    • Pradhan, J.P.1    Abraham, V.2
  • 55
    • 85151592101 scopus 로고    scopus 로고
    • Trends and patterns of overseas acquisitions by Indian multinationals (ISID, WP2007/10).
    • Pradhan, J. P. (2007). Trends and patterns of overseas acquisitions by Indian multinationals (ISID, WP2007/10, pp. 1-36).
    • (2007) , pp. 1-36
    • Pradhan, J.P.1
  • 56
    • 4444249431 scopus 로고    scopus 로고
    • Preferential trade agreement and tax competition for foreign direct investment
    • Raff H. Preferential trade agreement and tax competition for foreign direct investment. Journal of Public Economics 2004, 88:2745-2763.
    • (2004) Journal of Public Economics , vol.88 , pp. 2745-2763
    • Raff, H.1
  • 57
    • 70849110310 scopus 로고    scopus 로고
    • Indian multinationals: Generic internationalisation strategies
    • Cambridge University Press, Cambridge, R. Ramamurti, J.V. Singh (Eds.)
    • Ramamurti R., Singh J.V. Indian multinationals: Generic internationalisation strategies. Emerging multinationals from emerging markets 2008, 1-66. Cambridge University Press, Cambridge. R. Ramamurti, J.V. Singh (Eds.).
    • (2008) Emerging multinationals from emerging markets , pp. 1-66
    • Ramamurti, R.1    Singh, J.V.2
  • 60
    • 51249176864 scopus 로고
    • Internationalization is still a theory of foreign direct investment
    • Rugman A.M. Internationalization is still a theory of foreign direct investment. Weltwirtschaftliches, Archiv 1985, 121:570-575.
    • (1985) Weltwirtschaftliches, Archiv , vol.121 , pp. 570-575
    • Rugman, A.M.1
  • 62
    • 34547288834 scopus 로고    scopus 로고
    • New sources of FDI: The BRICS-outward FDI from Brazil, Russia, India and China
    • Sauvant K.P. New sources of FDI: The BRICS-outward FDI from Brazil, Russia, India and China. Journal of World Investment and Trade 2005, 6(5):639-709.
    • (2005) Journal of World Investment and Trade , vol.6 , Issue.5 , pp. 639-709
    • Sauvant, K.P.1
  • 63
    • 85151598325 scopus 로고
    • (April). Exchange rates and foreign direct investment: A note (International Finance Discussion Papers No. 444). Washington, DC: Board of Governors of the Federal Reserve System.
    • Stevens, G. V. G. (1993, April). Exchange rates and foreign direct investment: A note (International Finance Discussion Papers No. 444). Washington, DC: Board of Governors of the Federal Reserve System.
    • (1993)
    • Stevens, G.V.G.1
  • 64
    • 85151578316 scopus 로고    scopus 로고
    • The Federal Reserve. Accessed 19.08.09.
    • The Federal Reserve. (2008). Accessed 19.08.09. http://www.federalreserve.gov/datadownload/.
    • (2008)
  • 66
    • 84881832826 scopus 로고
    • The economics of organisation: The transaction cost approach
    • Williamson O.E. The economics of organisation: The transaction cost approach. The American Journal of Sociology 1981, 87(3):548-577.
    • (1981) The American Journal of Sociology , vol.87 , Issue.3 , pp. 548-577
    • Williamson, O.E.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.