摘要
文章以中国市值最大的200家上市公司在2009-2014年的海外投资为样本,探究中国企业在海外投资区位选择过程中的驱动因素,比较了国有企业和私有企业在区位选择上的不同动机与影响因素。研究表明,中国企业在国际化过程中,区位选择的驱动因素与传统的对外直接投资理论有所不同。中国企业对外直接投资的区位选择受企业所有制的影响,私有企业倾向于被东道国广大的市场规模与技术资源所吸引,而国有企业容易受政府政策所影响,更多地投资在自然资源丰富的国家,同时受贸易成本影响较少。
Using the data of oversea investment made by top 200 Chinese public listed companies from 2009 to 2014,this pa-per investigates the driving factors of location choice of Chinese OFDI,and compares the different motives and influencing fac-tors of location choice of state-owned enterprises and private enterprises. The results show that the driving factors of locationchoice of Chinese enterprises in the process of internationalization are different with those of traditional FDI theories. The de-terminants of location choice of Chinese OFDI differ based on the business ownership. Private enterprises are inclined to be at-tracted by the large market size and technology resources of host countries,whereas state-owned enterprises are more influ-enced by Chinese government policies,attracted to countries with rich natural resources,and less influenced by trade cost.
出处
《华东经济管理》
CSSCI
北大核心
2016年第1期87-92,共6页
East China Economic Management
基金
上海市浦江人才计划资助项目(12PJC012)
教育部留学回国人员科研启动基金项目(第49批)
