An Empirical Study of Japanese Subsidiaries' Performance in Brazil

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概要

• 論文の詳細を見る

• Most studies of FDI found performance difference between wholly-owned subsidiaries (WOS) and international joint ventures (IJVs), and showed that WOS perform better than IJVs. However, these studies have focused on subsidiaries performance operating in developed countries and Asian developing countries. In this paper we examine the factors influencing performance of Japanese subsidiaries in a developing country outside Asia using a framework of Dunning's eclectic paradigm, and entry mode selection based on a nonconventional ownership structure of JVs. The findings suggest that ownership advantages and internalization advantages of multinational enterprises have a positive influence on performance of overseas operations. In addition, we found that Japanese JVs demonstrated better performance than the WOS and the Traditional IJVs. A sample of 102 Japanese subsidiaries located in Brazil provides the empirical evidence for this study.

• 経営行動科学学会の論文
• 2003-11-20

著者

• Hoshino Yasuo

  Professor Of Finance And Management Institute Of Policy And Planning Science University Of Tsukuba

• Ogasavara Mario

  Doctoral student of Finance and Management Doctoral Program in Quantitative Finance and Management,

• Ogasavara Mario

  Doctoral Student Of Finance And Management Doctoral Program In Quantitative Finance And Management U

関連論文

• The Choice between Joint Ventures and Wholly Owned Subsidiaries : the Case of Japanese Direct Investment in Europe.
• An Empirical Study of Japanese Subsidiaries' Performance in Brazil

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