English
Ciência-IUL
Publicações
Descrição Detalhada da Publicação
Título Revista
Thunderbird International Business Review
Ano (publicação definitiva)
2012
Língua
Inglês
País
Estados Unidos da América
Mais Informação
Web of Science®
Scopus
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Abstract/Resumo
The determinants of foreign direct investment (FDI) in investment banking are tested using unique data obtained from 43 semistructured interviews with senior managers of multinational banks. Consistent with internalization theory, the decision to service new customers is positively and significantly related to FDI. In line with internalization theory and the sequential entry framework, the perceived risk of doing business abroad is negatively and significantly related to FDI. Lock-in is positively and significantly related to FDI. Very few managers consider it important to follow domestic customers, which does not emerge as significantly related to FDI. Qualitative information facilitated the interpretation of multiple empirical estimations.
Agradecimentos/Acknowledgements
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Palavras-chave
Classificação Fields of Science and Technology
- Economia e Gestão - Ciências Sociais
- Ciências Políticas - Ciências Sociais
- Geografia Económica e Social - Ciências Sociais
