메뉴 건너뛰기




Volumn 18, Issue 1, 2013, Pages 115-132

The internationalisation of Indian multinationals: Determinants of expansion through acquisitions

Author keywords

acquisitions; FDI; greenfields; Indian MNCs

Indexed keywords

CAPITAL FLOW; FACTOR ANALYSIS; FOREIGN DIRECT INVESTMENT; GLOBALIZATION; INVESTMENT LOCATION; MULTINATIONAL ENTERPRISE;

EID: 84873167920     PISSN: 13547860     EISSN: 14699648     Source Type: Journal    
DOI: 10.1080/13547860.2012.742705     Document Type: Article
Times cited : (33)

References (98)
  • 1
    • 84992988621 scopus 로고
    • Choice of Foreign Market Entry Mode: Impact of Ownership, Location and Internalization Factors
    • Agarwal, S. and Ramaswami, S. N. 1992. Choice of Foreign Market Entry Mode: Impact of Ownership, Location and Internalization Factors. Journal of International Business Studies, 23(1): 1-27. doi:10.1057/palgrave.jibs.8490257
    • (1992) Journal of International Business Studies , vol.23 , Issue.1 , pp. 1-27
    • Agarwal, S.1    Ramaswami, S.N.2
  • 2
    • 0032653595 scopus 로고    scopus 로고
    • Localization of Knowledge and The Mobility of Engineers in Regional Networks
    • Almeida, P. and Kogut, B. 1999. Localization of Knowledge and The Mobility of Engineers in Regional Networks. Management Science, 45(7): 905-918. doi:10.1287/mnsc.45.7.905
    • (1999) Management Science , vol.45 , Issue.7 , pp. 905-918
    • Almeida, P.1    Kogut, B.2
  • 3
    • 0036475239 scopus 로고    scopus 로고
    • Absolute and Relative Resources as Determinants of International Acquisitions
    • Anand, J. and Delios, A. 2002. Absolute and Relative Resources as Determinants of International Acquisitions. Strategic Management Journal, 23(2): 119-134. doi:10.1002/smj.215
    • (2002) Strategic Management Journal , vol.23 , Issue.2 , pp. 119-134
    • Anand, J.1    Delios, A.2
  • 4
    • 84986146859 scopus 로고
    • Modes of Foreign Entry: A Transaction Cost Analysis and Propositions
    • Anderson, E. and Gatignon, H. 1986. Modes of Foreign Entry: A Transaction Cost Analysis and Propositions. Journal of International Business Studies, 17(3): 1-26. doi:10.1057/palgrave.jibs.8490432
    • (1986) Journal of International Business Studies , vol.17 , Issue.3 , pp. 1-26
    • Anderson, E.1    Gatignon, H.2
  • 5
    • 84861709338 scopus 로고    scopus 로고
    • Location Determinants of Indian Outward Foreign Direct Investment: How Multinationals Choose Their Investments Destinations?
    • Denmark: Copenhagen Business School
    • Anwar, A. I., Hasse, R. and Rabbi, F. 2008. "Location Determinants of Indian Outward Foreign Direct Investment: How Multinationals Choose Their Investments Destinations?". In Proceedings of CBS Conference on Emerging Multinationals, 1-19. Denmark: Copenhagen Business School.
    • (2008) Proceedings of CBS Conference on Emerging Multinationals , pp. 1-19
    • Anwar, A.I.1    Hasse, R.2    Rabbi, F.3
  • 6
    • 33947532542 scopus 로고    scopus 로고
    • Mode of International Entry: The Advantages of Multilevel Methods
    • Arregle, J.-L., Hebert, L. and Beamish, P. 2006. Mode of International Entry: The Advantages of Multilevel Methods. Management International Review, 46(5): 597-618. doi:10.1007/s11575-006-0117-3
    • (2006) Management International Review , vol.46 , Issue.5 , pp. 597-618
    • Arregle, J.-L.1    Hebert, L.2    Beamish, P.3
  • 7
    • 70349308589 scopus 로고    scopus 로고
    • Cross-border Acquisitions and Firm Value: An Analysis of Emerging-Market Multinationals
    • Aybar, B. and Ficici, A. 2009. Cross-border Acquisitions and Firm Value: An Analysis of Emerging-Market Multinationals. Journal of International Business Studies, 40(8): 1317-1339. doi:10.1057/jibs.2009.15
    • (2009) Journal of International Business Studies , vol.40 , Issue.8 , pp. 1317-1339
    • Aybar, B.1    Ficici, A.2
  • 8
    • 0042687178 scopus 로고    scopus 로고
    • Transactions Costs and Bargaining Power: Entry Mode Choice in Foreign Markets
    • Azofra, V. and Martínez, A. 1999. Transactions Costs and Bargaining Power: Entry Mode Choice in Foreign Markets. Multinational Business Review, 7(1): 62-75.
    • (1999) Multinational Business Review , vol.7 , Issue.1 , pp. 62-75
    • Azofra, V.1    Martínez, A.2
  • 9
    • 77956033614 scopus 로고    scopus 로고
    • Internationalisation drivers of Indian firms
    • Balasubramanyam, V. N. and Forsans, N. 2010. Internationalisation drivers of Indian firms. Asian Business & Management, 9(3): 319-340. doi:10.1057/abm.2010.14
    • (2010) Asian Business & Management , vol.9 , Issue.3 , pp. 319-340
    • Balasubramanyam, V.N.1    Forsans, N.2
  • 10
    • 0030356491 scopus 로고    scopus 로고
    • Foreign Entry, Cultural Barriers, and Learning
    • Barkema, H. G., Bell, J. H. J. and Penning, J. M. 1996. Foreign Entry, Cultural Barriers, and Learning. Strategic Management Journal, 17(2): 151-166. doi:10.1002/(SICI)1097-0266(199602)17:2<151::AID-SMJ799>3.0.CO;2-Z
    • (1996) Strategic Management Journal , vol.17 , Issue.2 , pp. 151-166
    • Barkema, H.G.1    Bell, J.H.J.2    Penning, J.M.3
  • 11
    • 0032220626 scopus 로고    scopus 로고
    • International Expansion Through Start-up or Acquisitions: A Learning Perspective
    • Barkema, H. G. and Vermeulen, F. 1998. International Expansion Through Start-up or Acquisitions: A Learning Perspective. Academy of Management Journal, 41(1): 7-26. doi:10.2307/256894
    • (1998) Academy of Management Journal , vol.41 , Issue.1 , pp. 7-26
    • Barkema, H.G.1    Vermeulen, F.2
  • 12
    • 0043026710 scopus 로고    scopus 로고
    • Foreign Direct Investment, Economic Freedom and Growth: New Evidence From Latin America
    • Bengoa, M. and Sanchez-Robles, B. 2003. Foreign Direct Investment, Economic Freedom and Growth: New Evidence From Latin America. European Journal of Political Economy, 19(3): 529-545. doi:10.1016/S0176-2680(03)00011-9
    • (2003) European Journal of Political Economy , vol.19 , Issue.3 , pp. 529-545
    • Bengoa, M.1    Sanchez-Robles, B.2
  • 13
    • 0348159806 scopus 로고    scopus 로고
    • Foreign Investment Location and Institutional Development in Transition Economies
    • Bevan, A., Estrin, S. and Meyer, K. 2004. Foreign Investment Location and Institutional Development in Transition Economies. International Business Review, 13(1): 43-64. doi:10.1016/j.ibusrev.2003.05.005
    • (2004) International Business Review , vol.13 , Issue.1 , pp. 43-64
    • Bevan, A.1    Estrin, S.2    Meyer, K.3
  • 14
    • 0035997987 scopus 로고    scopus 로고
    • Institutional, Cultural and Transaction Cost Influence on Entry Mode Choice and Performance
    • Brouthers, K. D. 2002. Institutional, Cultural and Transaction Cost Influence on Entry Mode Choice and Performance. Journal of International Business Studies, 33(2): 203-221. doi:10.1057/palgrave.jibs.8491013
    • (2002) Journal of International Business Studies , vol.33 , Issue.2 , pp. 203-221
    • Brouthers, K.D.1
  • 15
    • 0002951488 scopus 로고    scopus 로고
    • Acquisition or Greenfield Start-up? Institutional, Cultural and Transaction Cost Influences
    • Brouthers, K. D. and Brouthers, L. E. 2000. Acquisition or Greenfield Start-up? Institutional, Cultural and Transaction Cost Influences. Strategic Management Journal, 21(1): 89-97. doi:10.1002/(SICI)1097-0266(200001)21:1<89::AID-SMJ85>3.0.CO;2-8
    • (2000) Strategic Management Journal , vol.21 , Issue.1 , pp. 89-97
    • Brouthers, K.D.1    Brouthers, L.E.2
  • 17
    • 0032354387 scopus 로고
    • Analyzing Foreign Market Entry Strategies: Extending the Internationalization Approach
    • Buckley, P. J. and Casson, M. C. 1988. Analyzing Foreign Market Entry Strategies: Extending the Internationalization Approach. Journal of International Business Studies, 29(3): 539-562. doi:10.1057/palgrave.jibs.8490006
    • (1988) Journal of International Business Studies , vol.29 , Issue.3 , pp. 539-562
    • Buckley, P.J.1    Casson, M.C.2
  • 20
    • 84863994045 scopus 로고    scopus 로고
    • Host-home Country Linkages and Host-home Country Specific Advantages as Determinants of Foreign Acquisitions by Indian Firms
    • Buckley, P. J., Forsans, N. and Munjal, S. 2012. Host-home Country Linkages and Host-home Country Specific Advantages as Determinants of Foreign Acquisitions by Indian Firms. International Business Review, 21(5): 878-890. doi:10.1016/j.ibusrev.2011.10.001
    • (2012) International Business Review , vol.21 , Issue.5 , pp. 878-890
    • Buckley, P.J.1    Forsans, N.2    Munjal, S.3
  • 21
    • 0000111782 scopus 로고    scopus 로고
    • Resource Redeployment Following Horizontal Acquisitions in Europe and North America, 1988-1992
    • Capron, L., Dussauge, P. and Mitchell, W. 1998. Resource Redeployment Following Horizontal Acquisitions in Europe and North America, 1988-1992. Strategic Management Journal, 19(7): 631-661. doi:10.1002/(SICI)1097-0266(199807)19:7<631::AID-SMJ963>3.0.CO;2-9
    • (1998) Strategic Management Journal , vol.19 , Issue.7 , pp. 631-661
    • Capron, L.1    Dussauge, P.2    Mitchell, W.3
  • 23
    • 0036293771 scopus 로고    scopus 로고
    • Foreign Direct Investment and Growth in India: A Cointegration Approach
    • Chakraborty, C. and Basu, P. 2002. Foreign Direct Investment and Growth in India: A Cointegration Approach. Applied Economics, 34(9): 1061-1073. doi:10.1080/00036840110074079
    • (2002) Applied Economics , vol.34 , Issue.9 , pp. 1061-1073
    • Chakraborty, C.1    Basu, P.2
  • 24
    • 0001402375 scopus 로고    scopus 로고
    • The Choice of Entry Mode in Sequential Foreign Direct Investment
    • Chang, S. J. and Rosenzweig, P. M. 2001. The Choice of Entry Mode in Sequential Foreign Direct Investment. Strategic Management Journal, 22(8): 747-776. doi:10.1002/smj.168
    • (2001) Strategic Management Journal , vol.22 , Issue.8 , pp. 747-776
    • Chang, S.J.1    Rosenzweig, P.M.2
  • 25
    • 0001313079 scopus 로고
    • Excess Resources, Utilization Cost, and Mode of Entry
    • Chatterjee, S. 1990. Excess Resources, Utilization Cost, and Mode of Entry. Academy of Management Journal, 33(4): 780-800. doi:10.2307/256290
    • (1990) Academy of Management Journal , vol.33 , Issue.4 , pp. 780-800
    • Chatterjee, S.1
  • 26
    • 84989105300 scopus 로고
    • Corporate Mergers, Stockholder Diversification, and Changes in Systematic Risk
    • Chatterjee, S. and Lubatkin, M. 1990. Corporate Mergers, Stockholder Diversification, and Changes in Systematic Risk. Strategic Management Journal, 11(4): 255-268. doi:10.1002/smj.4250110402
    • (1990) Strategic Management Journal , vol.11 , Issue.4 , pp. 255-268
    • Chatterjee, S.1    Lubatkin, M.2
  • 27
    • 84989040310 scopus 로고
    • The Link Between Resources and Type of Diversification: Theory and Evidence
    • Chatterjee, S. and Wernerfelt, M. 1991. The Link Between Resources and Type of Diversification: Theory and Evidence. Strategic Management Journal, 12(1): 33-48. doi:10.1002/smj.4250120104
    • (1991) Strategic Management Journal , vol.12 , Issue.1 , pp. 33-48
    • Chatterjee, S.1    Wernerfelt, M.2
  • 28
    • 0036183935 scopus 로고    scopus 로고
    • An Analysis of Determinants of Entry Mode and Its Impact on Performance
    • Chen, H. and Hu, M. Y. 2002. An Analysis of Determinants of Entry Mode and Its Impact on Performance. International Business Review, 11(2): 193-210. doi:10.1016/S0969-5931(01)00055-5
    • (2002) International Business Review , vol.11 , Issue.2 , pp. 193-210
    • Chen, H.1    Hu, M.Y.2
  • 29
    • 0002893707 scopus 로고
    • Acquisitions Versus New Venture: The Choice of Foreign Establishment Mode by Japanese Firms
    • Cho, K. R. and Padmanabhan, P. 1995. Acquisitions Versus New Venture: The Choice of Foreign Establishment Mode by Japanese Firms. Journal of International Management, 1(3): 255-285.
    • (1995) Journal of International Management , vol.1 , Issue.3 , pp. 255-285
    • Cho, K.R.1    Padmanabhan, P.2
  • 30
    • 34248671507 scopus 로고    scopus 로고
    • Choice of Market Entry Mode in China: The Influence of Firm-Specific Factors
    • Claver, E. and Quer, D. 2005. Choice of Market Entry Mode in China: The Influence of Firm-Specific Factors. Journal of General Management, 30(3): 51-70.
    • (2005) Journal of General Management , vol.30 , Issue.3 , pp. 51-70
    • Claver, E.1    Quer, D.2
  • 31
    • 0034861189 scopus 로고    scopus 로고
    • The Geography of Investment: Informed Trading and Asset Prices
    • Coval, J. D. and Moskowitz, T. J. 2001. The Geography of Investment: Informed Trading and Asset Prices. The Journal of Political Economy, 109(4): 811-841. doi:10.1086/322088
    • (2001) The Journal of Political Economy , vol.109 , Issue.4 , pp. 811-841
    • Coval, J.D.1    Moskowitz, T.J.2
  • 32
    • 67649737073 scopus 로고    scopus 로고
    • The Emergence of Indian Multinationals in The New Global Order
    • Das, N. 2007. The Emergence of Indian Multinationals in The New Global Order. International Journal of Indian Culture and Business Management, 1(1/2): 136-150. doi:10.1504/IJICBM.2007.014475
    • (2007) International Journal of Indian Culture and Business Management , vol.1 , Issue.1-2 , pp. 136-150
    • Das, N.1
  • 33
    • 35548944430 scopus 로고    scopus 로고
    • Institutional And Transaction Cost Influences on MNEs' Ownership Strategies of Their Affiliates: Evidence From an Emerging Market
    • Demirbag, M., Glaister, K. W. and Tatoglu, E. 2007. Institutional And Transaction Cost Influences on MNEs' Ownership Strategies of Their Affiliates: Evidence From an Emerging Market. Journal of World Business, 42(4): 418-434. doi:10.1016/j.jwb.2007.06.004
    • (2007) Journal of World Business , vol.42 , Issue.4 , pp. 418-434
    • Demirbag, M.1    Glaister, K.W.2    Tatoglu, E.3
  • 34
    • 70350072146 scopus 로고    scopus 로고
    • Factors Affecting Perceptions of The Choice Between Acquisition and Greenfield Entry: The Case of Western FDI in An Emerging Market
    • Demirbag, M., Tatoglu, E. and Glaister, K. W. 2008. Factors Affecting Perceptions of The Choice Between Acquisition and Greenfield Entry: The Case of Western FDI in An Emerging Market. Management International Review, 48(1): 5-38. doi:10.1007/s11575-008-0002-3
    • (2008) Management International Review , vol.48 , Issue.1 , pp. 5-38
    • Demirbag, M.1    Tatoglu, E.2    Glaister, K.W.3
  • 35
    • 84993054511 scopus 로고    scopus 로고
    • A Panel Data Analysis of Locational Determinants of Chinese and Indian Outward Foreign Direct Investment
    • Duanmu, J. L. and Guney, Y. 2009. A Panel Data Analysis of Locational Determinants of Chinese and Indian Outward Foreign Direct Investment. Journal of Asia Business Studies, 3(2): 1-15. doi:10.1108/15587890980001512
    • (2009) Journal of Asia Business Studies , vol.3 , Issue.2 , pp. 1-15
    • Duanmu, J.L.1    Guney, Y.2
  • 36
    • 84984729403 scopus 로고
    • The Eclectic Paradigm of International Production: A Restatement and Some Possible Extensions
    • Dunning, J. H. 1988. The Eclectic Paradigm of International Production: A Restatement and Some Possible Extensions. Journal of International Business Studies, 19(1): 1-31. doi:10.1057/palgrave.jibs.8490372
    • (1988) Journal of International Business Studies , vol.19 , Issue.1 , pp. 1-31
    • Dunning, J.H.1
  • 38
    • 0002304510 scopus 로고
    • Horizontal Mergers in Declining Industries: Theory and Evidence
    • Dutz, M. A. 1989. Horizontal Mergers in Declining Industries: Theory and Evidence. International Journal of Industrial Organization, 7(1): 11-33. doi:10.1016/0167-7187(89)90044-1
    • (1989) International Journal of Industrial Organization , vol.7 , Issue.1 , pp. 11-33
    • Dutz, M.A.1
  • 39
    • 84984729488 scopus 로고
    • The Experience Factor in Foreign Market Entry Behavior of Service Firms
    • Erramilli, M. K. 1991. The Experience Factor in Foreign Market Entry Behavior of Service Firms. Journal of International Business Studies, 22(3): 479-501. doi:10.1057/palgrave.jibs.8490312
    • (1991) Journal of International Business Studies , vol.22 , Issue.3 , pp. 479-501
    • Erramilli, M.K.1
  • 40
    • 0041410691 scopus 로고
    • Service Firms' International Entry-Mode Choice: A Modified Transaction-Cost Analysis Approach
    • Erramilli, M. K. and Rao, C. P. 1993. Service Firms' International Entry-Mode Choice: A Modified Transaction-Cost Analysis Approach. Journal of Marketing, 57(3): 19-38. doi:10.2307/1251852
    • (1993) Journal of Marketing , vol.57 , Issue.3 , pp. 19-38
    • Erramilli, M.K.1    Rao, C.P.2
  • 41
    • 0040027268 scopus 로고    scopus 로고
    • Competition and Corporate Governance in Transition
    • Estrin, S. 2002. Competition and Corporate Governance in Transition. Journal of Economic Perspective, 16(1): 101-124. doi:10.1257/0895330027139
    • (2002) Journal of Economic Perspective , vol.16 , Issue.1 , pp. 101-124
    • Estrin, S.1
  • 42
    • 84986160798 scopus 로고    scopus 로고
    • Emerging Multinationals: Home and Host Country Determinants and Outcomes
    • Gammeltoft, P., Pradhan, J. P. and Goldstein, A. 2010. Emerging Multinationals: Home and Host Country Determinants and Outcomes. International Journal of Emerging Markets, 5(3/4): 254-265. doi:10.1108/17468801011058370
    • (2010) International Journal of Emerging Markets , vol.5 , Issue.3-4 , pp. 254-265
    • Gammeltoft, P.1    Pradhan, J.P.2    Goldstein, A.3
  • 43
    • 65649085989 scopus 로고    scopus 로고
    • International Diversification, Business Group Affiliation and Firm Performance: Empirical Evidence From India
    • Gaur, A. S. and Kumar, V. 2009. International Diversification, Business Group Affiliation and Firm Performance: Empirical Evidence From India. British Journal of Management, 20(2): 172-186. doi:10.1111/j.1467-8551.2007.00558.x
    • (2009) British Journal of Management , vol.20 , Issue.2 , pp. 172-186
    • Gaur, A.S.1    Kumar, V.2
  • 44
    • 0033468134 scopus 로고    scopus 로고
    • The Impact of Government Policy on Foreign Direct Investment: The Canadian Experience
    • Globerman, S. and Shapiro, D. M. 1999. The Impact of Government Policy on Foreign Direct Investment: The Canadian Experience. Journal of International Business Studies, 30(3): 513-532. doi:10.1057/palgrave.jibs.8490081
    • (1999) Journal of International Business Studies , vol.30 , Issue.3 , pp. 513-532
    • Globerman, S.1    Shapiro, D.M.2
  • 46
    • 84984732514 scopus 로고
    • Firm Ownership Preferences and Host Government Restrictions: An Integrated Approach
    • Gomes-Casseres, B. 1990. Firm Ownership Preferences and Host Government Restrictions: An Integrated Approach. Journal of International Business Studies, 21(1): 1-22. doi:10.1057/palgrave.jibs.8490324
    • (1990) Journal of International Business Studies , vol.21 , Issue.1 , pp. 1-22
    • Gomes-Casseres, B.1
  • 47
    • 77949778547 scopus 로고    scopus 로고
    • Do International Acquisitions by Emerging-Economy Firms Create Shareholder Value? The Case of Indian Firms
    • Gubbi, S. R., Aulakh, P. R., Ray, S., Sarkar, M. B. and Chittoor, R. 2010. Do International Acquisitions by Emerging-Economy Firms Create Shareholder Value? The Case of Indian Firms. Journal of International Business Studies, 41(3): 397-418. doi:10.1057/jibs.2009.47
    • (2010) Journal of International Business Studies , vol.41 , Issue.3 , pp. 397-418
    • Gubbi, S.R.1    Aulakh, P.R.2    Ray, S.3    Sarkar, M.B.4    Chittoor, R.5
  • 48
    • 0036502811 scopus 로고    scopus 로고
    • Acquisitions Versus Greenfields Investments: International Strategy and Management of Entry Modes
    • Harzing, A.-W. 2002. Acquisitions Versus Greenfields Investments: International Strategy and Management of Entry Modes. Strategic Management Journal, 23(3): 211-227. doi:10.1002/smj.218
    • (2002) Strategic Management Journal , vol.23 , Issue.3 , pp. 211-227
    • Harzing, A.-W.1
  • 49
    • 0001117518 scopus 로고
    • Greenfield vs. Acquisitions: The Strategy of Japanese Investors in The United States
    • Hennart, J.-H. and Park, Y.-R. 1993. Greenfield vs. Acquisitions: The Strategy of Japanese Investors in The United States. Management Science, 39(9): 1054-1070. doi:10.1287/mnsc.39.9.1054
    • (1993) Management Science , vol.39 , Issue.9 , pp. 1054-1070
    • Hennart, J.-H.1    Park, Y.-R.2
  • 51
    • 85076303118 scopus 로고
    • The Cultural Relativity of Organizational Practices and Theories
    • Hofstede, G. 1983. The Cultural Relativity of Organizational Practices and Theories. Journal of International Business Studies, 14(2): 75-89. doi:10.1057/palgrave.jibs.8490867
    • (1983) Journal of International Business Studies , vol.14 , Issue.2 , pp. 75-89
    • Hofstede, G.1
  • 52
    • 38249024406 scopus 로고
    • Organising for Cultural Diversity
    • Hofstede, G. 1989. Organising for Cultural Diversity. European Management Journal, 7(4): 390-397. doi:10.1016/0263-2373(89)90075-3
    • (1989) European Management Journal , vol.7 , Issue.4 , pp. 390-397
    • Hofstede, G.1
  • 53
    • 0001066475 scopus 로고
    • Agency Costs of Free Cash Flow, Corporate Finance and Takeovers
    • Jensen, M. 1986. Agency Costs of Free Cash Flow, Corporate Finance and Takeovers. American Economic Review, 76(2): 323-329.
    • (1986) American Economic Review , vol.76 , Issue.2 , pp. 323-329
    • Jensen, M.1
  • 54
    • 85088437439 scopus 로고
    • The Internationalization Process of The Firm-A Model of Knowledge Development and Increasing Foreign Market Commitment
    • Johanson, J. and Vahlne, J. E. 1977. The Internationalization Process of The Firm-A Model of Knowledge Development and Increasing Foreign Market Commitment. Journal of International Business Studies, 8(1): 22-32. doi:10.1057/palgrave.jibs.8490676
    • (1977) Journal of International Business Studies , vol.8 , Issue.1 , pp. 22-32
    • Johanson, J.1    Vahlne, J.E.2
  • 55
    • 84946726933 scopus 로고
    • The Mechanism of Internationalisation
    • Johanson, J. and Vahlne, J. E. 1990. The Mechanism of Internationalisation. International Marketing Review, 7(4): 11-24. doi:10.1108/02651339010137414
    • (1990) International Marketing Review , vol.7 , Issue.4 , pp. 11-24
    • Johanson, J.1    Vahlne, J.E.2
  • 56
    • 33845976987 scopus 로고    scopus 로고
    • Indian Business Groups: Evolution and Transformation
    • Kedia, B. L., Mukherjee, D. and Lahiri, S. 2006. Indian Business Groups: Evolution and Transformation. Asia Pacific Journal of Management, 23(4): 559-577. doi:10.1007/s10490-006-9020-5
    • (2006) Asia Pacific Journal of Management , vol.23 , Issue.4 , pp. 559-577
    • Kedia, B.L.1    Mukherjee, D.2    Lahiri, S.3
  • 57
    • 0002406554 scopus 로고
    • A Transaction Cost Analysis Model of Channel Integration in International Markets
    • Klein, S., Frazier, G. L. and Roth, V. J. 1990. A Transaction Cost Analysis Model of Channel Integration in International Markets. Journal of Marketing Research, 27(2): 196-208. doi:10.2307/3172846
    • (1990) Journal of Marketing Research , vol.27 , Issue.2 , pp. 196-208
    • Klein, S.1    Frazier, G.L.2    Roth, V.J.3
  • 58
    • 84986761880 scopus 로고
    • The Effect of National Culture on The Choice of Entry Mode
    • Kogut, B. and Singh, U. 1988. The Effect of National Culture on The Choice of Entry Mode. Journal of International Business Studies, 19(3): 411-432. doi:10.1057/palgrave.jibs.8490394
    • (1988) Journal of International Business Studies , vol.19 , Issue.3 , pp. 411-432
    • Kogut, B.1    Singh, U.2
  • 59
    • 84984729624 scopus 로고
    • Knowledge of The Firm and The Evolutionary Theory of The Multinational Corporation
    • Kogut, B. and Zander, U. 1993. Knowledge of The Firm and The Evolutionary Theory of The Multinational Corporation. Journal of International Business Studies, 24(4): 625-645. doi:10.1057/palgrave.jibs.8490248
    • (1993) Journal of International Business Studies , vol.24 , Issue.4 , pp. 625-645
    • Kogut, B.1    Zander, U.2
  • 60
    • 38749151878 scopus 로고    scopus 로고
    • Emerging TNCs: Trends, Patterns and Determinants of Outward FDI by Indian Enterprises
    • Kumar, N. 2007. Emerging TNCs: Trends, Patterns and Determinants of Outward FDI by Indian Enterprises. Transnational Corporations, 16(1): 1-26.
    • (2007) Transnational Corporations , vol.16 , Issue.1 , pp. 1-26
    • Kumar, N.1
  • 61
    • 59849096851 scopus 로고    scopus 로고
    • The Impact of Mergers and Acquisitions on Corporate Performance in India
    • Kumar, S. and Bansal, L. K. 2008. The Impact of Mergers and Acquisitions on Corporate Performance in India. Management Decision, 46(10): 1531-1543. doi:10.1108/00251740810920029
    • (2008) Management Decision , vol.46 , Issue.10 , pp. 1531-1543
    • Kumar, S.1    Bansal, L.K.2
  • 62
    • 0038796491 scopus 로고    scopus 로고
    • Form of Investment by Nordic Firms in World Markets
    • Larimo, J. 2003. Form of Investment by Nordic Firms in World Markets. Journal of Business Research, 56(10): 791-803. doi:10.1016/S0148-2963(02)00467-8
    • (2003) Journal of Business Research , vol.56 , Issue.10 , pp. 791-803
    • Larimo, J.1
  • 63
    • 73849108913 scopus 로고    scopus 로고
    • Acquisition vs. Internal Development as Mode of Market Entry
    • Lee, G. K. and Lieberman, M. B. 2010. Acquisition vs. Internal Development as Mode of Market Entry. Strategic Management Journal, 31(2): 140-158.
    • (2010) Strategic Management Journal , vol.31 , Issue.2 , pp. 140-158
    • Lee, G.K.1    Lieberman, M.B.2
  • 64
    • 84989078868 scopus 로고
    • Foreign Entry and Survival: Effects on Strategic Choices on Performance in International Markets
    • Li, J. 1995. Foreign Entry and Survival: Effects on Strategic Choices on Performance in International Markets. Strategic Management Journal, 16(5): 333-351. doi:10.1002/smj.4250160502
    • (1995) Strategic Management Journal , vol.16 , Issue.5 , pp. 333-351
    • Li, J.1
  • 65
    • 68249136719 scopus 로고    scopus 로고
    • How Do Networks and Learning Drive M&As? An Institutional Comparison Between China and The United States
    • Lin, Z., Peng, M. W., Yang, H. and Sun, S. L. 2009. How Do Networks and Learning Drive M&As? An Institutional Comparison Between China and The United States. Strategic Management Journal, 30(10): 1113-1132. doi:10.1002/smj.777
    • (2009) Strategic Management Journal , vol.30 , Issue.10 , pp. 1113-1132
    • Lin, Z.1    Peng, M.W.2    Yang, H.3    Sun, S.L.4
  • 66
    • 0033414430 scopus 로고    scopus 로고
    • Learning to Compete in a Transition Economy
    • Luo, Y. and Peng, M. W. 1999. Learning to Compete in a Transition Economy. Journal of International Business Studies, 30(2): 269-295. doi:10.1057/palgrave.jibs.8490070
    • (1999) Journal of International Business Studies , vol.30 , Issue.2 , pp. 269-295
    • Luo, Y.1    Peng, M.W.2
  • 67
    • 0001956947 scopus 로고    scopus 로고
    • Cost, Value and Foreign Market Entry Mode: The Transaction and The Firm
    • Madhok, A. 1997. Cost, Value and Foreign Market Entry Mode: The Transaction and The Firm. Strategic Management Journal, 18(1): 39-61. doi:10.1002/(SICI)1097-0266(199701)18:1<39::AID-SMJ841>3.0.CO;2-J
    • (1997) Strategic Management Journal , vol.18 , Issue.1 , pp. 39-61
    • Madhok, A.1
  • 68
    • 58449124705 scopus 로고    scopus 로고
    • Institutions, Resources, and Entry Strategies in Emerging Economies
    • Meyer, K. E., Estrin, S., Bhaumik, S. K. and Peng, M. W. 2009. Institutions, Resources, and Entry Strategies in Emerging Economies. Strategic Management Journal, 30(1): 61-80. doi:10.1002/smj.720
    • (2009) Strategic Management Journal , vol.30 , Issue.1 , pp. 61-80
    • Meyer, K.E.1    Estrin, S.2    Bhaumik, S.K.3    Peng, M.W.4
  • 69
    • 21244446049 scopus 로고    scopus 로고
    • Probing Theoretically into Central and Eastern Europe: Transactions, Resources, and Institutions
    • Meyer, K. E. and Peng, M. W. 2005. Probing Theoretically into Central and Eastern Europe: Transactions, Resources, and Institutions. Journal of International Business Studies, 36(6): 600-621. doi:10.1057/palgrave.jibs.8400167
    • (2005) Journal of International Business Studies , vol.36 , Issue.6 , pp. 600-621
    • Meyer, K.E.1    Peng, M.W.2
  • 70
    • 33746977224 scopus 로고    scopus 로고
    • Market Penetration and Acquisition Strategies for Emerging Economies
    • Meyer, K. E. and Tran, Y. T. T. 2006. Market Penetration and Acquisition Strategies for Emerging Economies. Long Range Planning, 39(2): 177-197. doi:10.1016/j.lrp.2006.04.004
    • (2006) Long Range Planning , vol.39 , Issue.2 , pp. 177-197
    • Meyer, K.E.1    Tran, Y.T.T.2
  • 71
    • 77349111263 scopus 로고    scopus 로고
    • Decades of Research on Market Entry Modes: What Do We Really Know About External Antecedents of Entry Mode Choice?
    • Morschett, D., Schramm-Klein, H. and Swoboda, B. 2010. Decades of Research on Market Entry Modes: What Do We Really Know About External Antecedents of Entry Mode Choice?. Journal of International Management, 16(1): 60-77. doi:10.1016/j.intman.2009.09.002
    • (2010) Journal of International Management , vol.16 , Issue.1 , pp. 60-77
    • Morschett, D.1    Schramm-Klein, H.2    Swoboda, B.3
  • 72
    • 7444257143 scopus 로고    scopus 로고
    • Diversification and Market Entry Choices in The Context of Foreign Direct Investment
    • Mudambi, R. and Mudambi, S. M. 2002. Diversification and Market Entry Choices in The Context of Foreign Direct Investment. International Business Review, 11(1): 35-55. doi:10.1016/S0969-5931(01)00046-4
    • (2002) International Business Review , vol.11 , Issue.1 , pp. 35-55
    • Mudambi, R.1    Mudambi, S.M.2
  • 73
    • 38849100975 scopus 로고    scopus 로고
    • The Internationalization of Firms From India: Investment, Mergers and Acquisitions
    • Nayyar, D. 2008. The Internationalization of Firms From India: Investment, Mergers and Acquisitions. Oxford Development Studies, 36(1): 111-131. doi:10.1080/13600810701848219
    • (2008) Oxford Development Studies , vol.36 , Issue.1 , pp. 111-131
    • Nayyar, D.1
  • 74
    • 34548477110 scopus 로고    scopus 로고
    • An Institution-based View of International Business Strategy: A Focus on Emerging Economies
    • Peng, M. W., Wang, D. Y. L. and Jiang, Y. 2008. An Institution-based View of International Business Strategy: A Focus on Emerging Economies. Journal of International Business Studies, 39(5): 920-936. doi:10.1057/palgrave.jibs.8400377
    • (2008) Journal of International Business Studies , vol.39 , Issue.5 , pp. 920-936
    • Peng, M.W.1    Wang, D.Y.L.2    Jiang, Y.3
  • 76
    • 10944221946 scopus 로고    scopus 로고
    • The Determinants of Outward Foreign Direct Investment: A Firm-level Analysis of Indian Manufacturing
    • Pradhan, J. P. 2004. The Determinants of Outward Foreign Direct Investment: A Firm-level Analysis of Indian Manufacturing. Oxford Development Studies, 32(4): 619-639. doi:10.1080/1360081042000293371
    • (2004) Oxford Development Studies , vol.32 , Issue.4 , pp. 619-639
    • Pradhan, J.P.1
  • 77
    • 84873127436 scopus 로고    scopus 로고
    • Indian Direct Investment in Developed Regions
    • Denmark, Denmark,: Copenhagen Business School
    • Pradhan, J. P. 2008. "Indian Direct Investment in Developed Regions". In Proceedings of CBS Conference on Emerging Multinationals, 1-19. Denmark: Copenhagen Business School.
    • (2008) Proceedings of CBS Conference on Emerging Multinationals , pp. 1-19
    • Pradhan, J.P.1
  • 79
    • 79953846814 scopus 로고    scopus 로고
    • PRS, New York, New York,: The Political Risk Services Group
    • PRS. 2009. International Country Risk Guide (ICRG), New York: The Political Risk Services Group. http://www.prsgroup.com/
    • (2009) International Country Risk Guide (ICRG)
  • 80
    • 84876048139 scopus 로고    scopus 로고
    • The Impact of Country Risk and Cultural Distance on Entry Mode Choice: An Integrated Approach
    • Quer, D., Claver, E. and Rienda, L. 2007. The Impact of Country Risk and Cultural Distance on Entry Mode Choice: An Integrated Approach. Cross-Cultural Management: An International Journal, 14(1): 74-87. doi:10.1108/13527600710718859
    • (2007) Cross-Cultural Management: An International Journal , vol.14 , Issue.1 , pp. 74-87
    • Quer, D.1    Claver, E.2    Rienda, L.3
  • 81
    • 84869093525 scopus 로고    scopus 로고
    • Political Risk, Cultural Distance, and Outward Foreign Direct Investment: Empirical Evidence From Large Chinese Firms
    • Quer, D., Claver, E. and Rienda, L. 2012. Political Risk, Cultural Distance, and Outward Foreign Direct Investment: Empirical Evidence From Large Chinese Firms. Asia Pacific Journal of Management, 29(4): 1089-1104. doi:10.1007/s10490-011-9247-7
    • (2012) Asia Pacific Journal of Management , vol.29 , Issue.4 , pp. 1089-1104
    • Quer, D.1    Claver, E.2    Rienda, L.3
  • 82
    • 79151471322 scopus 로고    scopus 로고
    • Going Abroad Through Acquisitions: An Exploratory Analysis of Indian Companies' Recent International Expansion
    • Rangan, U. S. and Parriño, J. D. 2008. Going Abroad Through Acquisitions: An Exploratory Analysis of Indian Companies' Recent International Expansion. International Journal of Indian Culture and Business Management, 1(3): 335-353. doi:10.1504/IJICBM.2008.017789
    • (2008) International Journal of Indian Culture and Business Management , vol.1 , Issue.3 , pp. 335-353
    • Rangan, U.S.1    Parriño, J.D.2
  • 83
    • 84989030966 scopus 로고
    • Interpreting and Responding to Strategic Issues: The Impact of National Culture
    • Schneider, S. C. and De Meyer, A. 1991. Interpreting and Responding to Strategic Issues: The Impact of National Culture. Strategic Management Journal, 13(4): 307-320. doi:10.1002/smj.4250120406
    • (1991) Strategic Management Journal , vol.13 , Issue.4 , pp. 307-320
    • Schneider, S.C.1    de Meyer, A.2
  • 84
    • 84989064987 scopus 로고
    • Sources of Value Creation in Acquisition: An Empirical Investigation
    • Seth, A. 1990. Sources of Value Creation in Acquisition: An Empirical Investigation. Strategic Management Journal, 11(6): 431-447. doi:10.1002/smj.4250110603
    • (1990) Strategic Management Journal , vol.11 , Issue.6 , pp. 431-447
    • Seth, A.1
  • 86
    • 84881485945 scopus 로고    scopus 로고
    • International Acquisitions by Indian Firms-Synergy, Agency Or Hubris?
    • San Diego, California, USA, 1-21. San Diego, California, USA
    • Singh, S. 2009. "International Acquisitions by Indian Firms-Synergy, Agency Or Hubris?". In Proceedings of the 51th Annual Meeting of the Academy of International Business 1-21. San Diego, California, USA
    • (2009) Proceedings of the 51th Annual Meeting of the Academy of International Business , pp. 1-21
    • Singh, S.1
  • 87
    • 33748309406 scopus 로고    scopus 로고
    • National Cultural Distance and Initial Foreign Acquisition Performance: The Moderating Effect of Integration
    • Slangen, A. H. L. 2006. National Cultural Distance and Initial Foreign Acquisition Performance: The Moderating Effect of Integration. Journal of World Business, 41(2): 161-170. doi:10.1016/j.jwb.2006.01.003
    • (2006) Journal of World Business , vol.41 , Issue.2 , pp. 161-170
    • Slangen, A.H.L.1
  • 88
    • 41249097805 scopus 로고    scopus 로고
    • Do Multinationals Really Prefer to Enter Culturally Distant Countries Through Greenfields Rather than Through Acquisitions? The Role of Parent Experience and Subsidiary Autonomy
    • Slangen, A. H. L. and Hennart, J. F. 2008. Do Multinationals Really Prefer to Enter Culturally Distant Countries Through Greenfields Rather than Through Acquisitions? The Role of Parent Experience and Subsidiary Autonomy. Journal of International Business Studies, 39(3): 472-490. doi:10.1057/palgrave.jibs.8400356
    • (2008) Journal of International Business Studies , vol.39 , Issue.3 , pp. 472-490
    • Slangen, A.H.L.1    Hennart, J.F.2
  • 89
    • 0002221161 scopus 로고
    • A Theory of Oligopoly
    • Stigler, G. J. 1964. A Theory of Oligopoly. Journal of Political Economy, 72(1): 44-61. doi:10.1086/258853
    • (1964) Journal of Political Economy , vol.72 , Issue.1 , pp. 44-61
    • Stigler, G.J.1
  • 90
    • 0001014138 scopus 로고    scopus 로고
    • A Transaction Cost Perspective on Foreign Market Entry Strategies of US and Japanese Firms
    • Taylor, C., Zou, S. and Osland, G. 1998. A Transaction Cost Perspective on Foreign Market Entry Strategies of US and Japanese Firms. Thunderbird International Business Review, 40(4): 389-412. doi:10.1002/tie.4270400405
    • (1998) Thunderbird International Business Review , vol.40 , Issue.4 , pp. 389-412
    • Taylor, C.1    Zou, S.2    Osland, G.3
  • 91
    • 20344380968 scopus 로고    scopus 로고
    • The Effect of Cultural Distance on Entry Mode Choice, International Diversification, and MNE Performance: A Meta-analysis
    • Tihanyi, L., Griffith, D. A. and Russell, C. J. 2005. The Effect of Cultural Distance on Entry Mode Choice, International Diversification, and MNE Performance: A Meta-analysis. Journal of International Business Studies, 36(3): 270-283. doi:10.1057/palgrave.jibs.8400136
    • (2005) Journal of International Business Studies , vol.36 , Issue.3 , pp. 270-283
    • Tihanyi, L.1    Griffith, D.A.2    Russell, C.J.3
  • 92
    • 84873148458 scopus 로고    scopus 로고
    • UNCTAD., New York and Geneva, New York and Geneva,: United Nations Conference on Trade and Development
    • UNCTAD. 2010. World Investment Report 2010. Investing in a Low-Carbon Economy, New York and Geneva: United Nations Conference on Trade and Development.
    • (2010) World Investment Report 2010. Investing in a Low-Carbon Economy
  • 94
    • 84989133012 scopus 로고
    • A Resource-based View of The Firm
    • Wernerfelt, B. 1984. A Resource-based View of The Firm. Strategic Management Journal, 5(2): 171-180. doi:10.1002/smj.4250050207
    • (1984) Strategic Management Journal , vol.5 , Issue.2 , pp. 171-180
    • Wernerfelt, B.1
  • 95
    • 84989036124 scopus 로고
    • Diversification Entry: Internal Development Versus Acquisition
    • Yip, G. P. 1982. Diversification Entry: Internal Development Versus Acquisition. Strategic Management Journal, 3(4): 331-345. doi:10.1002/smj.4250030405
    • (1982) Strategic Management Journal , vol.3 , Issue.4 , pp. 331-345
    • Yip, G.P.1
  • 96
    • 84993045814 scopus 로고
    • Overcoming the Liability of Foreignness
    • Zaheer, S. 1995. Overcoming the Liability of Foreignness. Academy of Management Journal, 38 (2): 341-363. doi:10.2307/256683
    • (1995) Academy of Management Journal , vol.38 , Issue.2 , pp. 341-363
    • Zaheer, S.1
  • 97
    • 84928831335 scopus 로고
    • New Ventures or Acquisitions. The Choice of Swedish Multinational Enterprises
    • Zejan, M. C. 1990. New Ventures or Acquisitions. The Choice of Swedish Multinational Enterprises. The Journal of Industrial Economics, 38(3): 349-355. doi:10.2307/2098503
    • (1990) The Journal of Industrial Economics , vol.38 , Issue.3 , pp. 349-355
    • Zejan, M.C.1
  • 98
    • 10844279001 scopus 로고    scopus 로고
    • Transaction Cost Determinants and Ownership-based Entry Mode Choice: A Meta-analytical Review
    • Zhao, H., Luo, Y. and Suh, T. 2004. Transaction Cost Determinants and Ownership-based Entry Mode Choice: A Meta-analytical Review. Journal of International Business Studies, 35(6): 524-544. doi:10.1057/palgrave.jibs.8400106
    • (2004) Journal of International Business Studies , vol.35 , Issue.6 , pp. 524-544
    • Zhao, H.1    Luo, Y.2    Suh, T.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.