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- W2482682904 abstract "The role played by institutions in the closely related fields of international business and strategy has attracted increasing attention, with much of the motivation for such interest coming from the engagement of multinational enterprises (MNEs) in the diverse institutional environment of emerging economies from the Asia Pacific region (Peng et al., 2008; Chan et al., 2008; Rodriguez et al., 2005). Managers’ strategic decisions regarding entry mode and the associated foreign direct investment (FDI) are influenced by a range of institutional factors, including culture, legal certainty, political stability, governmental and market roles, treatment of property rights and degrees of perceived corruption. Strategic decision-making in unfamiliar and diverse environments is of central importance to MNEs investing in Asia, whether their motivation is the extension of global and regional supply chains or the desire to sell to consumers in the region. For MNEs, the region’s potential in both of these dimensions of inward investment is underpinned by the tension surrounding the contrasting attraction of a large population offering a workforce with relatively low wage costs in the midst of rising incomes for increasing numbers of consumers. MNEs compete in an environment of rivalry between regional states to attract FDI. The competition not only takes the form of overt incentives linked to location but is also, more subtly, a competition based on relative institutional strength and the soundness of institutional capacity in each country (Buckley, 2009; Dunning and Zhang, 2008;Peng et al., 2008)." @default.
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- W2482682904 date "2013-01-01" @default.
- W2482682904 modified "2023-09-25" @default.
- W2482682904 title "Multinational Enterprise Strategy, Institutions, State Capacity and Inward Foreign Direct Investment into the ASEAN Countries" @default.
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- W2482682904 doi "https://doi.org/10.1057/9781137307293_8" @default.
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