WHY DO MANDATED INTERNATIONAL JOINT VENTURES STILL EXIST?
It is widely believed that restrictions against foreign direct investment (FDI) should be eliminated altogether. However, local equity requirements (LERs) that effectively mandate multinational enterprises (MNEs) to enter through international joint ventures (IJVs) are still common and are seemingly...
| Publicado en: | Contemporary Economic Policy Vol. 39; no. 1; pp. 236 - 248 |
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| Autores principales: | , |
| Formato: | Artículo |
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Wiley-Blackwell
Jan2021
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=147175927&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 147175927 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 10743529 CEY jtl: Contemporary Economic Policy issn: 10743529 maglogo: Y pubinfo: dt: Jan2021 vid: 39 iid: 1 pid: 480 pub: Wiley-Blackwell artinfo: ui: 147175927 10.1111/coep.12490 ppf: 236 ppct: 12 formats: fmt: @attributes: type: P size: 487KB tig: atl: WHY DO MANDATED INTERNATIONAL JOINT VENTURES STILL EXIST? aug: au: Cai, Dapeng Karasawa‐Ohtashiro, Yukio affil: Faculty of Economics, Nanzan University, 18 Yamazato‐cho, Showa‐ku, Nagoya 466‐8673, , Japan su: International business enterprises Joint ventures Foreign investments sug: subj: International business enterprises International Trade Financing Joint ventures Foreign investments ab: It is widely believed that restrictions against foreign direct investment (FDI) should be eliminated altogether. However, local equity requirements (LERs) that effectively mandate multinational enterprises (MNEs) to enter through international joint ventures (IJVs) are still common and are seemingly persistent. We seek to understand why and how governments are motivated to adopt LERs. We demonstrate that LERs can in fact be host governments' optimal choices when regulating the entry of MNEs into domestic markets formerly dominated by public firms. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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