Dissertations / Theses on the topic 'Foreign market choice'

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1

Su, Xiaomei. "Choice of foreign market entry mode : role of quality difference /." View abstract or full-text, 2008. http://library.ust.hk/cgi/db/thesis.pl?ECON%202008%20SU.

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Moore, Curt B., Igor Filatotchev, R. Greg Bell, and Abdul A. Rasheed. "Foreign IPO capital market choice: understanding the institutional fit of corporate governance." Wiley Periodicals Inc, 2012. http://dx.doi.org/10.1002/smj.1953.

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While product market choices have been central to strategy formulation for firms in the past, the integration of financial markets makes the choice of capital markets an equally important strategic decision. We advance a comparative institutional perspective to explain capital market choice by firms making an IPO in a foreign market. We find that internal governance characteristics (founder-CEO, executive incentives, and board independence) and external network characteristics (prestigious underwriters, degree of venture capitalist syndication, and board interlocks) are significant predictors of foreign capital market choice by foreign IPO firms. Our results suggest foreign IPO firms select a host market where the firms' governance characteristics and third party affiliations fit the host market's institutional environment.
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Tantu, Feleke, and Md Ashiqur Rahman. "Emerging markets: A case study on foreign market entry in Bangladesh." Thesis, Linnéuniversitetet, Ekonomihögskolan, ELNU, 2011. http://urn.kb.se/resolve?urn=urn:nbn:se:lnu:diva-12087.

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Abstract Title: Emerging Markets – A Case Study in Foreign Market Entry toBangladesh Keywords: emerging market, entry strategy, market entry, factors behind entry choice, entry mode, entry node, entry timing Background: Internationalism and international marketing are hot topics among the strategy discussions of the companies and as a result companies continuously look for new, unreached sales potential to their products and services as well as better use of their resources. Purpose: To find the most efficient international market entry strategy for companies moving from developed/transition economy to an emerging market. Theoretical framework: The base for the start of internationalisation process is company’s inner motives and resources. Motives and resources combined with the cultural distance, competition and general external environment of host country form potential company-specific risks for the entry to foreign market. Potential customers in combination with company resources shows how big is the match between market demand and what company can offer and therefore determines the potential reward. Risks and reward are both input to the decision making process where the potential benefits and drawbacks are analysed against each other. The output of this decision making is the entry strategy. Methodology: Internet was mainly used to collect secondary data about company resources, cultural distance and external environment. Interviews with 150 retailers inBangladesh were conducted to collect primary data about the competition and consumer behaviours in the hosiery market ofBangladesh. Then comparative analysis was made based on the model developed by the authors to reach to the decision. Conclusion: The most effective entry strategy for the entry to emerging markets is indirect exporting through an agent in case there is high location risk, moderately high competition risk, medium country risk and moderately low demand risk, the company has no surplus finances for big investments and no prior experience in doing business in an emerging market.
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Laufs, Katharina [Verfasser], and Christian [Akademischer Betreuer] Schwens. "Foreign Market Entry Mode Choice of Small and Medium-Sized Enterprises / Katharina Laufs. Gutachter: Christian Schwens." Düsseldorf : Universitäts- und Landesbibliothek der Heinrich-Heine-Universität Düsseldorf, 2015. http://d-nb.info/1078112444/34.

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5

CAI, XINGYU, and YONGLIANG LI. "Determinants of foreign direct investment choice in Chinese Automotive industry : How Swedish firms invest in Chinese market?" Thesis, Uppsala universitet, Företagsekonomiska institutionen, 2012. http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-179672.

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Since China entered WTO, the multinational corporations (MNC) increased the foreign direct investment (FDI) in Chinese market because China is famous for its huge market volume and low labor cost. However, the knowledge of Chinese market is still limited. This paper analyses the determinants of automotive MNC's FDI choice made in Chinese market based on the study of Chinese FDI environment and the investment behavior of Swedish firms. The determinants are tested through three variables: industry development, cultural distance and the government policy. In this thesis, data related to FDI in automotive industry is collected mainly from 13 provinces or municipalities. The results show that: (1) The regions with larger market size will attract more FDI; (2) The larger cultural distance will create more obstacles when MNCs invest, thus has the negative impacts on FDI choices; (3) MNCs will give priority to those areas with lower tax burden. Besides, this thesis also describes the detailed cultural distance at firm level between China and Sweden based on the interview with a Swedish firm. The results suggest Swedish firms need to focus more on the partner selection and management adaption when investing in Chinese market.
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Hollender, Lina [Verfasser]. "Internationalization Processes of SMEs: Foreign Market Entry Mode Choice, Experiential Learning, and Host-Country Selection / Lina Hollender." Düsseldorf : Universitäts- und Landesbibliothek der Heinrich-Heine-Universität Düsseldorf, 2017. http://d-nb.info/1142000451/34.

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7

Gould, Richard Robert, and RichardGould@ozemail com au. "International market selection-screening technique: replacing intuition with a multidimensional framework to select a short-list of countries." RMIT University. Social Science & Planning, 2002. http://adt.lib.rmit.edu.au/adt/public/adt-VIT20081125.145312.

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The object of this research was to develop an international market screening methodology which selects highly attractive markets, allowing for the ranges in diversity amongst organisations, countries and products. Conventional business thought is that, every two to five years, dynamic organisations which conduct business internationally should decide which additional foreign market or markets to next enter. If they are internationally inexperienced, this will be their first market; if they are experienced, it might be, say, their 100th market. How should each organisation select their next international market? One previous attempt has been made to quantitatively test which decision variables, and what weights, should be used when choosing between the 230 countries of the world. The literature indicate that a well-informed selection decision could consider over 150 variables that measure aspects of each foreign market's economic, political, legal, cultural, technical and physical environments. Additionally, attributes of the organisation have not been considered when selecting the most attractive short-list of markets. The findings presented in the dissertation are that 30 criteria accounted for 95 per cent of variance at cross-classification rates of 95 per cent. The weights of each variable, and the markets selected statistically as being the most attractive, were found to vary with the capabilities, goals and values of the organisation. This frequently means that different countries will be best for different organisations selling the same product. A
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Bylund, Emma, and Linnéa Nilsson. "Does experience matter? : An exploratory study on how a manager’s previous experience influence the choice of foreign market entry." Thesis, Linnéuniversitetet, Institutionen för organisation och entreprenörskap (OE), 2017. http://urn.kb.se/resolve?urn=urn:nbn:se:lnu:diva-65079.

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This research aims towards gaining a deeper understanding in how a manager’s previous experience influence which foreign entry mode chosen by a Swedish SME, where the manager acts as the decision-maker. Interviews were held with managers from different Swedish firms in order to collect empirical data that thereafter were analysed. In order to get a deeper understanding as to how the experience influenced the choice of entry mode, a qualitative research were implicated. The theory is based upon a conceptual framework where the managers previous experience is divided into educational background, international experience and position tenure. Furthermore, the conceptual framework includes the Uppsala Model, which the thesis is based upon, and entry modes as this is where focus lays. From the conceptual framework, the empirical findings and analysis is structured as a combined chapter. Based on the theory, empirical findings and analysis, a conclusion is presented, with the aim of answering the research question and also to fill the research gap regarding how a manager’s previous experience influence the choice of entry mode for Swedish SMEs. That a manager’s previous experience influenced was understood, however, that international experience influenced the choice to a higher extent is presented. An additional main implication is how the manager could be placed in line with the Uppsala Model, where the choice of entry modes can vary and incrementally shift to another entry mode as a manager gain experiential knowledge.
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9

Gunnarsson, Annica. "The selection of entry modes when penetrating a foreign market : A research study on the education institutes choice of entry mode." Thesis, Linnéuniversitetet, Ekonomihögskolan, ELNU, 2011. http://urn.kb.se/resolve?urn=urn:nbn:se:lnu:diva-12170.

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Abstract Thesis title: The selection of entry mode when penetrating a foreign market Author: Annica Gunnarsson  Tutor: Åsa Devine Course: Marketing, advanced level, spring term 2011, Linnaeus University   Entering a new market is always a risky business, with a big potential of failure. To research the options of entry strategy can help in determine which strategy to use. The international market of education has changed during the last years, and in Sweden we just had one big change when the introduction of tutoring fees was determined. This has forced the universities out on unfamiliar territory.  This new territory consists of competing on a much bigger market than before and the need to develop a new international marketing strategy has occurred. The research on entry modes from a manufacturing perspective is extensive and therefore this research deals with the entry modes from a service perspective. The aim of this study is to gain better understanding of the selection of entry modes from a service institutes perspective. Furthermore the research is limited to investigating the education sector and how they use entry mode when wanting to establish them on a new market. The research is done through seven different interviews. The universities are located both in Sweden and abroad. This method where chosen because the goal is to find out how the universities is enter new markets.    The findings are based on the factors that determined international marketing strategy and how the respondents have answered the questions. How the universities work with the changes they experience is also a factor in the decision making process on which international strategy to use. The main findings of the study are that the entry mode education institutes most often use is some sort of international joint venture.
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Sanchez, Navarro Gines. "Internationalization strategy choice for micro-multinationals: a development framework." Thesis, KTH, Industriell ekonomi och organisation (Inst.), 2018. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-246025.

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Micro-multinational is a relatively new term and there are still very few studies about how micro-multinationals choose their foreign entry market modes when internationalizing. This thesis attempts to add new knowledge filling the gap between the internal resources of a company and the foreign entry market mode selected for its internationalization process. Furthermore, a systematic methodology that combines internal resources with the selection of the foreign entry market mode will be developed with the goal of aligning the competitive advantages of the company along its international structure. The methodology that this research employs will show how to combine the internal resources of the case study company and its needs when internationalizing based on the characteristics of each foreign entry market mode. The first step of the methodology is determining the variables that categorize each foreign entry market mode that companies implement. Then, the application of the Resource-based View will show the possible competitive advantages of the case study company. Lastly, accounting for the requirements that the case study company has when internationalizing, the possible competitive advantages, derived from the Resource-based View, will be combined with the characteristics of each foreign entry market mode to determine effective recommendations for the case study company to implement in its internationalization strategy. The results of this research show that when a company wants to enter into a foreign market, it should evaluate that decision based on its internal resources. Only then will the company be able to exploit its competitive advantages and be successful in the new market. The decision to internationalize is influenced by requirements such as the level of control, commitment, risk and flexibility that the parent company is willing to have in the new foreign market. Hence, these requirements must be taken into consideration carefully during the entire decision process.
Micro-multinationals är en relativt ny term och det finns för tillfället få studier kring hur dessa företag ska bedriva sin utlandsexpansion när de internationaliserar verksamheten. Syftet med denna uppsats är att bidra med ny kunskap kring ämnet och medverka till att fylla kunskapsgapet som existerar i hur man kombinerar företagets interna resurser och valet av internationaliseringsstrategi. Vidare utvecklas en systematisk metodologi som kombinerar interna resurser med valet av internationaliseringsstrategi för att anpassa företagets konkurrensfördelar med dess internationaliseringsprocess. Metodologin som används i denna rapport visar hur interna resurser hos företaget i den aktuella fallstudien kan kombineras med dess behov för internationalisering baserat på egenskaperna hos varje enskild typ av utlandsexpansion. Första steget i metodologin är att avgöra vilka variabler som karaktäriserar varje enskild strategi för utlandsexpansion som företag planerar att implementera. Nästa steg är att applicera en “Resource-based View” som visar de möjliga konkurrensfördelarna för företagen i fallstudien. Slutligen kombineras kraven som företagen har ställt för sin internationalisering samt de konkurrensfördelar som de visades ha enligt “esoruce-based view” med de olika typerna av utlandsexpansion som finns tillgängliga med syftet att avgöra lämpliga rekommendationer för fallstudieföretagen rörande hur de ska gå till väga i sin internationalisering av verksamheten. Resultaten visar att när ett företag vill etablera sig på en utländsk marknad bör de evaluera beslutet med hänsyn till sina interna resurser. Först då kan företaget utnyttja sina konkurrensfördelar och bli framgångsrika på den nya marknaden.  Beslutet av hur internationaliseringen ska gå till påverkas av krav som moderbolaget har för den nya marknaden såsom behov av kontroll, grad av åtagande, risk och flexibilitet. Dessa krav måste tas i noggrann beaktning under hela beslutsprocessen.
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Attachot, Weerapat. "Determinants of Corporate Governance Choices: Evidence from Listed Foreign Firms on U.S. Stock Exchanges." Thesis, University of North Texas, 2017. https://digital.library.unt.edu/ark:/67531/metadc984209/.

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This study analyzes corporate governance practices of foreign (non-U.S.) issuers listed on the New York Stock Exchange (NYSE) and Nasdaq. Specifically, I examine the extent to which these foreign issuers voluntarily comply with U.S. stock exchange corporate governance requirements applicable to domestic issuers. My sample consists of 201 foreign companies primarily domiciled in Brazil, China, Israel, and the United Kingdom. I find that 151 (75 per cent) of the sample firms do not elect to comply with any of the U.S. corporate governance requirements. Logistic regression analysis generally supports the hypotheses that conformance with U.S. GAAP and percentage of managerial ownership are positively associated, and that percentage ownership by major shareholders is negatively associated with foreign firms electing to comply with U.S. corporate governance rules. This evidence is relevant for regulators and investors.
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DIAS, AUGUSTO CESAR ARENARO E. MELLO. "THE CHOICE OF ENTRY MODE IN FOREIGN MARKETS AND ITS RELATIONSHIP WITH SUBSIDIARY PERFORMANCE: EVIDENCE FROM BRAZILIAN MULTINATIONAL ENTERPRISES." PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO, 2012. http://www.maxwell.vrac.puc-rio.br/Busca_etds.php?strSecao=resultado&nrSeq=19566@1.

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PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO
Pesquisas anteriores abordaram de forma satisfatória duas decisões relacionadas ao modo de entrada no mercado externo: a escolha do nível de propriedade (subsidiária de controle integral ou joint-venture) e a escolha da forma de estabelecimento (aquisição ou investimento greenfield). Entretanto, uma terceira importante decisão, que se refere à escolha da atividade principal da subsidiária, tem sido praticamente ignorada pela literatura acadêmica. Com base em extensa revisão bibliográfica, este estudo incorpora a escolha do tipo de atividade (produção ou distribuição) entre as decisões específicas a serem tomadas pelas empresas quando o modo de entrada envolve a utilização de capital próprio e propõe um modelo conceitual eclético, original na sua formulação, no seu escopo e na organização de suas variáveis, para produzir uma visão inédita e abrangente sobre a escolha do modo de entrada no mercado externo e seu impacto no desempenho das subsidiárias das empresas multinacionais brasileiras. A partir de uma amostra com 280 subsidiárias operacionais sediadas em 39 países, os resultados obtidos indicam a existência de uma relação positiva e significante entre o desempenho das subsidiárias e o alinhamento do modo de entrada (nível de propriedade, forma de estabelecimento e tipo de atividade) ao modelo eclético, sugerindo que as subsidiárias cujos modos de entrada estão alinhados ao modelo tendem a apresentar, na média, desempenho superior ao daquelas cujos modos de entrada não estão alinhados ao modelo. Resultados adicionais dos testes empíricos também contribuem para um melhor entendimento sobre a atuação das empresas multinacionais brasileiras na arena internacional.
Previous research has satisfactorily addressed two decisions regarding the entry mode in foreign markets: the choice of ownership level (wholly-owned subsidiary or joint-venture) and the choice of establishment mode (acquisition or greenfield investment). However, a third important decision, which refers to the choice of the subsidiary’s main activity, has been virtually ignored by academic literature. Based on extensive literature review, this study incorporates the choice of activity type (production or distribution) into the specific decisions to be made by companies when the entry mode involves the use of equity and proposes an eclectic conceptual model, unique in its formulation, in its scope and in the organization of its variables, to produce a new and comprehensive view about the choice of entry mode in foreign markets and its impact on the performance of subsidiaries of Brazilian multinational enterprises. From a sample of 280 operating subsidiaries located in 39 countries, empirical results indicate the existence of a positive and significant relationship between subsidiaries performance and the alignment of the entry mode (ownership level, establishment mode and activity type) to the eclectic model, suggesting that subsidiaries whose entry modes are aligned with the model tend to outperform, on average, those whose entry modes are not aligned with the model. Additional results of the empirical tests also contribute to a better understanding of the operation of Brazilian multinational enterprises in the international arena.
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13

Lind, Pontus, Tobias Moberg, and Masood Panshiri. "Entry Mode Choice in Foreign Markets by MNEs : A Case Study of SKF’s HSB Project towards the Chinese Mining Industry." Thesis, Linnaeus University, Linnaeus School of Business and Economics, 2012. http://urn.kb.se/resolve?urn=urn:nbn:se:lnu:diva-19452.

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Market strategy is a broad phenomenon which covers many aspects; market entry, market segmentation, market research etc. To conduct a research about the whole concept of market strategy within a thesis would take years. This research solely focused on market entry strategy were the problem arise as many large multinational enterprises do not enter foreign markets in respect to the market conditions, but focuses on maintaining their own business culture wherever they enter.This research brought up a case study about the multinational enterprise SKF and how they could expand one of their projects (hydrostatic shoe bearing) with a market entry strategy. In relation to how SKF handle business in foreign markets and in respect to the Chinese market; a suitable entry mode was in focus for the HSB project. The implications were obtained by semi-structured interviews at SKF headquarter in Gothenburg in order to understand SKF’s way of handling foreign business. For the Chinese mining industry semi-structured interviews and secondary data were the source of the data gathered.The findings revealed that SKF’s way of handing foreign investment is dependent upon the resource commitment in the project. Exporting is common for minor projects and Wholly Owned Subsidiary for major projects. The main focus is to keep the technology and know-how within the company. Regarding the Chinese mining industry, the high intensity of rivalry would demand high resource commitment by foreign companies in order to stay competitive with the constant development. Currently, SKF consider HSB as a minor project which implies that resource commitment into the project would be of low prioritization. Therefore a suitable entry mode in the Chinese mining industry for the HSB project would be to enter the market with Exporting. Exporting would allow SKF to keep the technology and know-how within the company and Export after the demand in the market.
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14

Tijani, Chekib. "General factors associated with firms' perceptions and choice of foreign markets : implications for intra-Arab and south-south trade - the case of Tunisia." Thesis, Lancaster University, 1991. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.316613.

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15

SU, KUN-DIAN, and 蘇坤鈿. "Foreign market entry mode choice in different risk preference firms : an example of EEC market." Thesis, 1993. http://ndltd.ncl.edu.tw/handle/01860626849842826136.

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"The Sarbanes-Oxley Act and the choice of bond market by foreign firms." THE UNIVERSITY OF CHICAGO, 2008. http://pqdtopen.proquest.com/#viewpdf?dispub=3272967.

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17

Chiang, Chin-I., and 江巾懿. "Analysing foreign market entry - The choice between greenfield investment and acquisitions : Bertrand model." Thesis, 2012. http://ndltd.ncl.edu.tw/handle/43274373570018789249.

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碩士
淡江大學
國際企業學系碩士班
100
The choice of appropriate mode of entry inteo new markets – between Greenfield investment and merger or acquisition (M&A) – is a key strategic decision for firms. This paper builds on the approach taken by Görg (2000), modifying Cournot model to Bertrand model and product heterogeneity to discuss the following questions: 1.Which is the best choice when a foreign firm enters host country via M&A, acquiring an existing indigenous high-technology firm or low-technology firm? 2.What is the optimal choice between greenfield investment and acquisitions for foreign firms? Substitution of goods among firms and unit cost of production will affect a foreign firm’s entry mode when it chooses to enter host country via M&A. When substitution of goods between a foreign firm and an existing indigenous high-technology firm exceeds critical value, a foreign entrant will merge with low-technology firm. A foreign firm will merge with high-technology firm if substitution of goods between a foreign firm and low-technology one. If unit cost of production of high-technology firm exceeds critical value, a foreign firm will merge with host country’s low-technology firm. If unit cost of production of low-technology firm increases, foreign firms will merge with host country’s high-technology firm. A foreign firm’s strategy will be influenced by host country’s basic demands, unit cost of production and substitution of goods among firms when it decides between greenfield investment and acquisitions. Findings of most cases suggest that a foreign firm choose greenfield investment for entering host country market.
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18

Dong, Chunlian. "Magical transformations of the self through the consumption of foreign brands the identity aspirations and conflicts of Chinese consumers in a global market /." 2005. http://catalog.hathitrust.org/api/volumes/oclc/71269952.html.

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Chen, Jing Ling, and 陳靜玲. "The Structure of Market Demand and The Strategic Choice - Export or FDI of A Foreign Multinational Firm." Thesis, 1995. http://ndltd.ncl.edu.tw/handle/90564063145346073228.

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碩士
國立臺灣大學
經濟學研究所
83
This paper analyzes the influence of export transport cost、market demand and tariff policy on the strategic choices of a multinational firm. Based on an analysis of game theory, this paper examines and discusses the optimal strategies a- vailible to a foreign multinational firm when competing against a potential domestic entrant under different combin-ations of export transport cost and market demand size in the domestic market; this paper also explores the impact on the domestic welfare by the "tariff-jumping" of a foreign multi- national firm when the domestic government changes its tariff policy.
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20

Hsieh, Fen-Jung, and 謝芬蓉. "Impact of CEO Characteristics and Firm Attributes on the Choice of Foreign Market Entry Timing and Entry Mode." Thesis, 2005. http://ndltd.ncl.edu.tw/handle/36478652529035067169.

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碩士
銘傳大學
國際企業學系碩士班
93
The purpose of this dissertation is aimed at discussion the influences of (1) CEO characteristics (age, educational levels, international experience) and (2) firm attributes (firm size, R&D intensity, international motives) on the timing and mode of entry. Through logistis and multiple regression and t-test analysis, 85 firms are empirically analyzed. Finding of this study indicate that educational levels of CEO, firm size and export-oriented motives all significantly influence firm’s entry timing in Mainland china. Educational levels of CEO, international experience, firm size and local-oriented motives all significantly influence firm’s entry timing in Mainland china.
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21

Chou, Yu-Hsiang, and 周愉翔. "Modeling Extreme Risk in Foreign Exchange Market─The Influence of Data Dependence and Choice of Optimal Threshold Level on Extreme Value Models." Thesis, 2007. http://ndltd.ncl.edu.tw/handle/53696018443370064606.

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碩士
國立屏東商業技術學院
國際企業所
95
Foreign exchange has becoming more and more important, because of the trend of internationalization. Understanding the extreme behavior of foreign exchange rate will help manage foreign exchange rate risk. Therefore, this thesis investigates the extreme behavior of foreign exchange rate in G10 members by applying Extreme Value Theory (EVT) to the tail of the distribution of the daily rate of return of foreign exchange rate. In addition, we compare the EVT models by evaluating the forecasting performance of VaR. And we also investigate the influence of data dependence and choice of optimal threshold level on extreme value models. The empirical results show that compare to Normal distribution, daily return of foreign exchange rate is more Fat-tailed and asymmetric. This indicates that the normality assumption will lead underestimation of VaR. In backtesting, the conditional EVT models outperform the others, which imply that the dependence and conditional heteroscedasticity of time series should be accounted for when applying EVT. On the other hand, EVT models do not be affected when the threshold level changes. And we find parametric models generally outperform the non-parametrics model, especially the parametric model – GPD. GPD has the best and comprehensive performance both under uncondition and condition model. Moreover, the empirical results also show that GARCH model is adequate in forecasting VaR of lower confidence level (eg. 95%), however, at a higher confidence level (eg. 99.5%, 99.9%), EVT models provide more reliable VaR forecasting. And we can say that the application of EVT models in risk management is essential.
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Peter, Sheng-Wang Chen. "Choices of Foreign Market Entry Mode for Taiwanese DTV Manufacturers - Perspective of Transaction Cost Economics Theory." 2005. http://www.cetd.com.tw/ec/thesisdetail.aspx?etdun=U0001-1907200510470600.

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Chen, Peter Sheng-Wang, and 陳盛旺. "Choices of Foreign Market Entry Mode for Taiwanese DTV Manufacturers - Perspective of Transaction Cost Economics Theory." Thesis, 2005. http://ndltd.ncl.edu.tw/handle/17107261211769386108.

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碩士
國立臺灣大學
國際企業管理組
93
Thesis Abstract Executive MBA Program In International Business Management College of Management National Taiwan University Name: Chen, Peter Sheng-Wang Month/Year: June, 2005 Adviser: Dr. Jaw, Yi-Long Choices of Foreign Market Entry Mode for Taiwanese DTV Manufacturers - Perspective of Transaction Cost Economics Theory This paper reaffirms that the empirical studies and findings developed by several scholars on “the choices of foreign market entry mode” from the perspective of Transaction Cost Economics theory can be applicable to the Taiwanese DTV manufacturers for strategic analysis when they think about entering into foreign markets. This paper is qualitative in nature, and it is descriptive and inferential as well. This paper further examines the advantages and disadvantages of the four entry modes: exporting, licensing, joint venture, and wholly-owned subsidiary that are widely used in the international entry strategies. From the perspective of Transaction Cost Economics theory, this paper explores the asset specificity of Taiwanese DTV manufacturers in the level of value-chain completeness, and R&D capabilities possessed by the DTV industry in Taiwan. These two specificities play a crucial role for Taiwanese DTV manufacturers to decide their foreign market entry modes. In particular, this paper analyzes how different business models of OEM, ODM and OBM can influence over their choices of foreign market entry modes. This paper also observes that the factors of environmental uncertainties and the level of international experiences can impact on the entry mode decision of the Taiwanese DTV manufacturers. This paper finally summarizes the propositions induced from the empirical studies applicable to the DTV industry in Taiwan. Its managerial implications for managers and its future research direction are discussed too at the end of this paper. Keywords: Transaction Cost Economics (TCE), Entry Mode, OEM, ODM, OBM
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24

Lin, Chih-yen, and 林志彥. "Empirical Study of the Listing Firms Raising Funds from Overseas Capital Markets: Financial Factors and the Choice of the Foreign Capital Markets." Thesis, 1997. http://ndltd.ncl.edu.tw/handle/22920660615924625512.

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Abstract:
碩士
文化大學
會計研究所
85
The major purpose of this study is to examine the effect of various fac-tors on the willingness of listing firms to raise capital from foreign capitalmarkets, and the choices of foreign capital markets. Results of the study are as follows:1.Firm size, degree of the assets expansion, degree of dependance on foreign countries, and industries attributes are the main factors influencing deci- sions to raising funds abroad.2.Agent cost also influence the ways to raise capital from overseas, but pro- fitability and capital structure weren''t found to be significant. Besides, the factor of company growth ability is significant for electric industry.3.United States, Switzerland, Luxembourg, Singarpore, Hong Kong, U.K. and the Japan are found to be the most popular areas for issuing DR, bonds and for- eign listing.4.When electing foreign capital market, the main considerations are the size of foreign capital market and consulting advices by investment banks.
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25

Lin, Shu Chin, and 林書進. "Entry mode choices of foreign direct investments for Taiwan’s biotech-pharmaceutical company: an empirical study of China market." Thesis, 2010. http://ndltd.ncl.edu.tw/handle/02594744005215645600.

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Abstract:
碩士
國立政治大學
商管專業學院碩士學位學程(AMBA)
99
Over the past years, China has attracted much investment from Taiwan companies and foreign companies due to its advantages of board markets and low-cost labors. Companies in Taiwan also set “enter China market “as a goal in their business planning. Upon this wave of “Invest China fever” , the domestic Biotech & pharmaceutical companies have no doubt approached their business target by entering China market through different operations, that is, production, sales, marketing, out-sourcing, and research & development, etc to catch the opportunities and sustainable growth of business The objectives of the study were to analyze the entry mode of China market Taiwan biotech & pharmaceutical companies have conducted their foreign direct investment (FDI). Based on the theory of the eclectic paradigm of FDI initiated by John H. Dunning as a research framework, from the perspectives of Ownership advantages, Location advantages, and Internalization advantages, the analysis for the entry mode of FDI and the Key factors as well as company advantages to affect the decision were employed to examine both the primary data and secondary data. Primary data consisted of the interviews of domestic pharmaceutical companies and the data statistics from the Market Observation Post System (Taiwan stock market). Meanwhile, secondary data was collected from the news and the reports of the journals, magazines, and the websites. Four Biotech-pharmaceutical companies were interviewed in this study. The result shows that Location advantages may be the major factors for FDI in China of Taiwan companies. The factors consist of market -oriented, resources -oriented, and risk assessment factors. This study will contribute the strategic considerations for Taiwan international companies that operate foreign Biotechnology and Pharmaceutical business in China. This study also suggests the strategy for the international business and international management both in theory and the practice.
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26

Chang, Hsiu-Ping, and 張秀萍. "How Host Countries' Characteristics Affect Location Choices of OECD's Foreign Direct Investment-Three Essays on Regional Integration Agreements, Emerging Markets Countries, and Economic Growth." Thesis, 2006. http://ndltd.ncl.edu.tw/handle/06700743083492156257.

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Abstract:
碩士
元智大學
經營管理碩士班(國際企業學程)
94
In this paper, we investigate how host countries’ characteristics, including RIA (regional integration agreements) and EMCs (emerging markets countries), affect location choices of OECD’s FDI. In the meantime, we examine whether FDI is helpful to economic growth in host countries. In most empirical studies in this field, researchers use data from developed countries, like OECD, little focus is on Asian countries. For this reason, it remains unknown whether the results of those papers could be applied to the FDI-RIA relationship of Asian countries. In order to fill this gap, the first essay of this paper uses data from Asian countries, including ASEAN members and others, to see whether joining ASEAN would affect source countries’ willingness to invest in Asian host countries. Empirical findings indicate that among our sample countries, joining ASEAN helps attract more FDI. This result is consistent with the findings of most studies in this field. The second essay of this paper uses data from OECD and Asian countries, including EMCs and others, to see whether being EMCs would affect source countries’ willingness to invest in host countries. Empirical findings indicate that being EMCs helps attract more FDI. This result responds to the World Bank (2003) report which indicates that FDI flows to EMCs increased rapidly. The third essay of this paper use data from Asian countries to see whether FDI could contribute to economic growth in Asian host counrtries. The empirical findings indicate that there is no significant relationship between host countries’ FDI and real GDP growth.
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27

Chang, Hsiu-Ping, and 張秀萍. "How Host Countries'' Characteristics Affect Location Choices of OECD''s Foreign Direct Investment-Three Essays on Regional Integration Agreements, Emerging Markets Countries, and Economic Growth." Thesis, 2007. http://ndltd.ncl.edu.tw/handle/39689997808214266082.

Full text
Abstract:
碩士
元智大學
國際企業學系
94
In this paper, we investigate how host countries’ characteristics, including RIA (regional integration agreements) and EMCs (emerging markets countries), affect location choices of OECD’s FDI. In the meantime, we examine whether FDI is helpful to economic growth in host countries. In most empirical studies in this field, researchers use data from developed countries, like OECD, little focus is on Asian countries. For this reason, it remains unknown whether the results of those papers could be applied to the FDI-RIA relationship of Asian countries. In order to fill this gap, the first essay of this paper uses data from Asian countries, including ASEAN members and others, to see whether joining ASEAN would affect source countries’ willingness to invest in Asian host countries. Empirical findings indicate that among our sample countries, joining ASEAN helps attract more FDI. This result is consistent with the findings of most studies in this field. The second essay of this paper uses data from OECD and Asian countries, including EMCs and others, to see whether being EMCs would affect source countries’ willingness to invest in host countries. Empirical findings indicate that being EMCs helps attract more FDI. This result responds to the World Bank (2003) report which indicates that FDI flows to EMCs increased rapidly. The third essay of this paper use data from Asian countries to see whether FDI could contribute to economic growth in Asian host counrtries. The empirical findings indicate that there is no significant relationship between host countries’ FDI and real GDP growth.
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