运筹与管理2017，Vol.26Issue(12)：189-199,11.DOI:10.12005/orms.2017.0303
制度落差与中国跨国企业海外进入模式关系研究
The Effect of Institutional Gap on Chinese Overseas Subsidiaries' Choice of International Entry Modes
摘要
Abstract
One of the significant factors for an enterprise to gain access to overseas investment is institutional distance .The author attempts to make unique insights into this aspect .Based on the concept of institutional distance, the paper suggests a new concept: institutional gap.Then, this paper addresses the relationship between institutional gap and Chinese enterprises ' overseas market entry mode .In particular , the influences of institutional gap on the decision making of enterprises ' overseas market entry are under investigation in terms of positive and negative balances .To begin with , the paper proposes three relevant premises from theoretical perspectives.Then, Stata software is used to perform regression on corresponding variables in accordance with four models to verify the above three premises .The findings of regression research reveal that in case of positive formal institutional balance , foreign enterprises tend to build a joint-venture subsidiary , as the formal institutional differences between the host country and the mother country increase .In case of negative formal institutional balance , foreign enterprises tend to set up a fully-owned subsidiary , as the institutional difference between the host country and the mother country increase .However , informal institutions do not affect market entry modes , regardless of positive or negative institutional balance .In other words , as the informal institutional distance between the mother country and the host country increases , foreign enterprises tend to establish a fully-owned subsidiary .关键词
制度落差/正式制度/非正式制度/进入模式Key words
institutional gap/formal institutional distance/informal institutional distance/entry mode分类
管理科学引用本文复制引用
李康宏,林润辉,宋泾溧,谢宗晓..制度落差与中国跨国企业海外进入模式关系研究[J].运筹与管理,2017,26(12):189-199,11.基金项目
国家自然科学基金青年基金项目(71302097) （71302097）
教育部人文社科基金项目(16YJC630062) （16YJC630062）
江苏省自然科学基金青年项目(BK20170499) （BK20170499）
