四章跨国并购ppt课件.pptxVIP

Modes of FDI entryGreenfield investment refers to investment in new facilities and the establishment of new entities through entry as well as expansion, while MAs refer to acquisitions of, or mergers with, existing local firms.Firms may enter host economies through greenfield investments or MAs.The choice of mode is influenced by industry-specific factors. For example, greenfield investment is more likely to be used as a mode of entry in industries in which technological skills and production technology are key. The choice may also be influenced by institutional, cultural and transaction cost