Decision specific experience in foreign ownership and establishment strategies: Evidence from Japanese firms
P Padmanabhan, K Rae Cho - Journal of international business studies, 1999 - Springer
Journal of international business studies, 1999•Springer
In this paper, we examine the importance of decision specific experience for a multinational
firm's foreign ownership structure and establishment mode decisions. A unique procedure to
measure the decision specific experience construct is developed. Based on data for the
period 1969–1991, we find strong empirical evidence from experiences of Japanese firms to
support the hypotheses that firms tend to select ownership structures and establishment
modes based on their experiences with similar ownership structures and establishment …
firm's foreign ownership structure and establishment mode decisions. A unique procedure to
measure the decision specific experience construct is developed. Based on data for the
period 1969–1991, we find strong empirical evidence from experiences of Japanese firms to
support the hypotheses that firms tend to select ownership structures and establishment
modes based on their experiences with similar ownership structures and establishment …
Abstract
In this paper, we examine the importance of decision specific experience for a multinational firm's foreign ownership structure and establishment mode decisions. A unique procedure to measure the decision specific experience construct is developed. Based on data for the period 1969–1991, we find strong empirical evidence from experiences of Japanese firms to support the hypotheses that firms tend to select ownership structures and establishment modes based on their experiences with similar ownership structures and establishment modes in the past.
Springer
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