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研究生: 陳金蓮
Margareth Shanty Haryanto
論文名稱: 進入模式與績效之研究﹕以投資印尼為例
Entry Mode Strategies and Post-Entry Performance: The Cases of Foreign Investment in Indonesia
指導教授: 康敏平
Kang, Min-Ping
學位類別: 碩士
Master
系所名稱: 全球經營與策略研究所
Graduate Institute of Global Business and Strategy
論文出版年: 2016
畢業學年度: 104
語文別: 英文
論文頁數: 42
中文關鍵詞: 進入模式印尼
英文關鍵詞: emerging market, performance growth, institutional factor, Indonesia listed company
DOI URL: https://doi.org/10.6345/NTNU202203661
論文種類: 學術論文
相關次數: 點閱:92下載:11
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  • (only english abstract)

    Abstract

    This study proposes an interesting approach regarding the implementation of an entry mode strategy into the emerging markets from different points. Although previous studies have been undertaken to explore the influencing factors that affect the entry mode decision, there are a few research studies on the entry mode strategy and foreign shareholder ownership that consider the performance of companies in emerging market. In response to this current issue, the present study develops a new model based on foreign investors’ performance in emerging market for finding the most suitable entry mode strategy and preferable foreign shareholder ownership into emerging market. In order to achieve this goal, the moderator variables, such as cultural distance and corruption effect, were included to assess the correlation between the entry mode and the company’s performance.
    As one of the developing countries, Indonesia was used as a model country in this study and the 3-year performance of the listed companies were investigated. The obtained results indicate that the cultural distance and corruption have a moderate effect to the company’s entry mode and performance Therefore, when these factors were available, they will have a great impact to the choice of entry mode that will better or aggravate the performance of companies.

    Table of Contents List of Tables ii List of Figures iii List of Equations iv Acknowledgement 1 Abstract 2 1. Introduction 3 1.1. Research Background 3 1.2. Research Framework 5 1.3. Research Objective 6 1.4. Contribution of the Research 6 1.5. Methodology of the Research 7 2. Literature Review and Hypothesis 9 2.1. Foreign Direct Investment 11 2.1.1. Globally 11 2.1.2. Developing Countries 14 2.1.3. Indonesia 16 2.2. Entry Mode Strategies and Shareholder Ownership to Performance 19 2.2.1. Entry Modes 19 2.2.2. Foreign Shareholder Equity Ownership 21 3. Methodology 23 3.1. Data and Sample 23 3.2. Variables 23 3.2.1. Dependent Variables 23 3.2.2. Independent Variables 24 3.2.3. Moderator 24 3.2.4. Control Variables 25 3.3. Statistical Method 25 4. Results and Discussion 27 4.1. Measurement 27 4.1.1. Control Variable 27 4.1.2. Dependent Variable 28 4.1.3. Independent Variable 28 4.1.4. Moderator Variable 28 4.2. Results and Discussion 29 5. Conclusion and Limitation 36 References 38

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