跨国公司所有权战略研究：一个分析框架论文.docVIP

Abstract Ownership strategies are one of the most important aspects multinational companies (MNCs) considered when they expand globally. They are very crucial for MNCs to control their overseas operations, investment risk and the resources they committed. Transactional Cost Economics (TCE) theory is perceived as the most accepted perspective to explain how MNCs make decisions on ownership mode when they invest in foreign markets. Based on TCE theory, we listed the elements that influence MNCs ownership mode decisions, and developed a analysis frame to explain how specificity of ownership asse