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高管团队注意力与企业对外直接投资方式——基于中国制造业上市公司的实证研究 被引量:11

Top Management Team Attention and Firms Foreign Direct Investment——An Empirical Study Based on Chinese Listed Manufacturing Firms
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摘要 基于注意力基础观,分析高管团队(TMT)注意力与企业对外直接投资(FDI)方式之间的关系。研究结果表明,在企业对外直接投资的决策中,当高管团队将更多注意力聚焦在东道国的自然资源上时,企业更倾向于选择绿地投资的FDI方式;当高管团队将更多注意力集中在东道国的技术资源、品牌资源或战略性资源上时,企业更倾向于选择跨国并购的FDI方式。 This paper, based on attention-based view, tests the relationship between top management team (TMT) attention and firms' foreign direct investment (FDI). The result shows that: when TMT pay more their attention to natural resources of the host country in the decision about foreign direct investment, enterprise will prefer to choose Greenfield investment; when TMT pay more attention to the technical resources, brand resources and strategic resources of the host country, the en- terprise prefer to choose cross-border mergers and acquisitions.
作者 吴建祖 关斌
出处 《软科学》 CSSCI 北大核心 2013年第11期76-80,共5页 Soft Science
基金 国家自然科学基金项目(71072068)
关键词 高管团队 注意力基础观 对外直接投资 LOGISTIC回归 : top management team attention-based view foreign direct investment logistic regression
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参考文献17

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