Privatization, Foreign Acquisition and the Motives for FDI in Eastern Europe

被引：12
|
作者：
Roberts, Barbara M. [1 ]
Thompson, Steve
Mikolajczyk, Katarzyna
机构：
[1] Univ Leicester, Dept Econ, Leicester LE1 7RH, Leics, England
来源：
REVIEW OF WORLD ECONOMICS | 2008年 / 144卷 / 03期
关键词：
FDI motivation; foreign acquisition; transition;
D O I：
10.1007/s10290-008-0154-z
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The paper examines the motives for FDI in Eastern Europe by analysing foreign entry by acquisition facilitated by privatization programmes. Firm-level characteristics encouraging entry through their effect on expected profits, as well as industry level determinants are considered. The data are drawn from the list of the 500 largest companies in Polish manufacturing and span privatizations between 1993 and 1998. The results point to market-seeking rather than resource-seeking motives behind the location decisions of foreign investors.
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页码：408 / 427
页数：20
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