Corruption and market attractiveness influences on different types of FDI

Previous studies have proposed that a compensatory model predicts the level of foreign direct investment (FDI) in a country; FDI levels are a result of 'trade-offs' between the positive effect of market attractiveness and the negative influence of corruption. In contrast, we hypothesize an...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:Strategic management journal 2008-06, Vol.29 (6), p.673-680
Hauptverfasser: Brouthers, Lance Eliot, Gao, Yan, McNicol, Jason Patrick
Format: Artikel
Sprache:eng
Schlagworte:
Online-Zugang:Volltext
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
container_end_page 680
container_issue 6
container_start_page 673
container_title Strategic management journal
container_volume 29
creator Brouthers, Lance Eliot
Gao, Yan
McNicol, Jason Patrick
description Previous studies have proposed that a compensatory model predicts the level of foreign direct investment (FDI) in a country; FDI levels are a result of 'trade-offs' between the positive effect of market attractiveness and the negative influence of corruption. In contrast, we hypothesize and find that the compensatory relationship only holds for market-seeking investment; for resource-seeking FDI the model appears to be noncompensatory. Greater market attractiveness mitigates the negative impact of corruption on market-seeking investment, but the ability of market attractiveness to mitigate the negative impact of corruption on resource-seeking FDI quickly disappears as corruption levels increase. Implications and future research directions are discussed.
doi_str_mv 10.1002/smj.669
format Article
fullrecord <record><control><sourceid>jstor_proqu</sourceid><recordid>TN_cdi_proquest_miscellaneous_37037727</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><jstor_id>20142047</jstor_id><sourcerecordid>20142047</sourcerecordid><originalsourceid>FETCH-LOGICAL-c5079-8b25a4c4ce4f7c432faf76fc1b7849310bd32a19fa33a25fc5126ef61b15c8ca3</originalsourceid><addsrcrecordid>eNqF0U1LAzEQBuAgCtYq_gJh8aAH2TpJNkn3KNXWSlX8wmNI0wS2bndrklX7701Z6UEQTxNmHgLzDkKHGHoYgJz7xbzHeb6FOhhykQLhfBt1AGc0JZCzXbTn_RwgPvO8g8aD2rlmGYq6SlQ1SxbKvZmQqBCc0qH4MJXxPikqWzam0sYn0c0Ka40zVUjCarlu2WR4Od5HO1aV3hz81C56GV49D67Tyf1oPLiYpJqByNP-lDCV6UybzAqdUWKVFdxqPBX9LKcYpjNKFM6tolQRZjXDhBvL8RQz3deKdtFJ--_S1e-N8UEuCq9NWarK1I2XVAAVgoh_IQFGGIYswuNfcF43ropLSEIYAGOCRHTaIu1q752xcumKmNZKYpDr4GUMXsbgozxr5WdRmtVfTD7d3rT6qNVzH2q30SQejEC23iJt54UP5mszj2eSXFDB5OvdSHIGfMCHj_KBfgN98pu_</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>225005572</pqid></control><display><type>article</type><title>Corruption and market attractiveness influences on different types of FDI</title><source>JSTOR Archive Collection A-Z Listing</source><source>Wiley Online Library All Journals</source><creator>Brouthers, Lance Eliot ; Gao, Yan ; McNicol, Jason Patrick</creator><creatorcontrib>Brouthers, Lance Eliot ; Gao, Yan ; McNicol, Jason Patrick</creatorcontrib><description>Previous studies have proposed that a compensatory model predicts the level of foreign direct investment (FDI) in a country; FDI levels are a result of 'trade-offs' between the positive effect of market attractiveness and the negative influence of corruption. In contrast, we hypothesize and find that the compensatory relationship only holds for market-seeking investment; for resource-seeking FDI the model appears to be noncompensatory. Greater market attractiveness mitigates the negative impact of corruption on market-seeking investment, but the ability of market attractiveness to mitigate the negative impact of corruption on resource-seeking FDI quickly disappears as corruption levels increase. Implications and future research directions are discussed.</description><identifier>ISSN: 0143-2095</identifier><identifier>EISSN: 1097-0266</identifier><identifier>DOI: 10.1002/smj.669</identifier><identifier>CODEN: SMAJD8</identifier><language>eng</language><publisher>Chichester, UK: John Wiley &amp; Sons, Ltd</publisher><subject>Business investment ; Consumer Price Index ; Corruption ; Energy production ; Financial investments ; Foreign direct investment ; Foreign direct investments ; Foreign investment ; Gross domestic product ; Host country ; Industrial market ; Investment analysis ; Investment policy ; labor-seeking ; Market analysis ; market attractiveness ; Market prices ; market-seeking ; Multilevel models ; Raw material costs ; Research Notes and Commentaries ; resource-seeking ; Studies</subject><ispartof>Strategic management journal, 2008-06, Vol.29 (6), p.673-680</ispartof><rights>Copyright 2008 John Wiley &amp; Sons, Ltd.</rights><rights>Copyright © 2008 John Wiley &amp; Sons, Ltd.</rights><rights>Copyright Wiley Periodicals Inc. Jun 2008</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c5079-8b25a4c4ce4f7c432faf76fc1b7849310bd32a19fa33a25fc5126ef61b15c8ca3</citedby><cites>FETCH-LOGICAL-c5079-8b25a4c4ce4f7c432faf76fc1b7849310bd32a19fa33a25fc5126ef61b15c8ca3</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://www.jstor.org/stable/pdf/20142047$$EPDF$$P50$$Gjstor$$H</linktopdf><linktohtml>$$Uhttps://www.jstor.org/stable/20142047$$EHTML$$P50$$Gjstor$$H</linktohtml><link.rule.ids>314,780,784,803,1417,27923,27924,45573,45574,58016,58249</link.rule.ids></links><search><creatorcontrib>Brouthers, Lance Eliot</creatorcontrib><creatorcontrib>Gao, Yan</creatorcontrib><creatorcontrib>McNicol, Jason Patrick</creatorcontrib><title>Corruption and market attractiveness influences on different types of FDI</title><title>Strategic management journal</title><addtitle>Strat. Mgmt. J</addtitle><description>Previous studies have proposed that a compensatory model predicts the level of foreign direct investment (FDI) in a country; FDI levels are a result of 'trade-offs' between the positive effect of market attractiveness and the negative influence of corruption. In contrast, we hypothesize and find that the compensatory relationship only holds for market-seeking investment; for resource-seeking FDI the model appears to be noncompensatory. Greater market attractiveness mitigates the negative impact of corruption on market-seeking investment, but the ability of market attractiveness to mitigate the negative impact of corruption on resource-seeking FDI quickly disappears as corruption levels increase. Implications and future research directions are discussed.</description><subject>Business investment</subject><subject>Consumer Price Index</subject><subject>Corruption</subject><subject>Energy production</subject><subject>Financial investments</subject><subject>Foreign direct investment</subject><subject>Foreign direct investments</subject><subject>Foreign investment</subject><subject>Gross domestic product</subject><subject>Host country</subject><subject>Industrial market</subject><subject>Investment analysis</subject><subject>Investment policy</subject><subject>labor-seeking</subject><subject>Market analysis</subject><subject>market attractiveness</subject><subject>Market prices</subject><subject>market-seeking</subject><subject>Multilevel models</subject><subject>Raw material costs</subject><subject>Research Notes and Commentaries</subject><subject>resource-seeking</subject><subject>Studies</subject><issn>0143-2095</issn><issn>1097-0266</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2008</creationdate><recordtype>article</recordtype><recordid>eNqF0U1LAzEQBuAgCtYq_gJh8aAH2TpJNkn3KNXWSlX8wmNI0wS2bndrklX7701Z6UEQTxNmHgLzDkKHGHoYgJz7xbzHeb6FOhhykQLhfBt1AGc0JZCzXbTn_RwgPvO8g8aD2rlmGYq6SlQ1SxbKvZmQqBCc0qH4MJXxPikqWzam0sYn0c0Ka40zVUjCarlu2WR4Od5HO1aV3hz81C56GV49D67Tyf1oPLiYpJqByNP-lDCV6UybzAqdUWKVFdxqPBX9LKcYpjNKFM6tolQRZjXDhBvL8RQz3deKdtFJ--_S1e-N8UEuCq9NWarK1I2XVAAVgoh_IQFGGIYswuNfcF43ropLSEIYAGOCRHTaIu1q752xcumKmNZKYpDr4GUMXsbgozxr5WdRmtVfTD7d3rT6qNVzH2q30SQejEC23iJt54UP5mszj2eSXFDB5OvdSHIGfMCHj_KBfgN98pu_</recordid><startdate>200806</startdate><enddate>200806</enddate><creator>Brouthers, Lance Eliot</creator><creator>Gao, Yan</creator><creator>McNicol, Jason Patrick</creator><general>John Wiley &amp; Sons, Ltd</general><general>John Wiley and Sons</general><general>Wiley Periodicals Inc</general><scope>BSCLL</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>8BJ</scope><scope>FQK</scope><scope>JBE</scope><scope>7U1</scope><scope>7U2</scope><scope>C1K</scope></search><sort><creationdate>200806</creationdate><title>Corruption and market attractiveness influences on different types of FDI</title><author>Brouthers, Lance Eliot ; Gao, Yan ; McNicol, Jason Patrick</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c5079-8b25a4c4ce4f7c432faf76fc1b7849310bd32a19fa33a25fc5126ef61b15c8ca3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2008</creationdate><topic>Business investment</topic><topic>Consumer Price Index</topic><topic>Corruption</topic><topic>Energy production</topic><topic>Financial investments</topic><topic>Foreign direct investment</topic><topic>Foreign direct investments</topic><topic>Foreign investment</topic><topic>Gross domestic product</topic><topic>Host country</topic><topic>Industrial market</topic><topic>Investment analysis</topic><topic>Investment policy</topic><topic>labor-seeking</topic><topic>Market analysis</topic><topic>market attractiveness</topic><topic>Market prices</topic><topic>market-seeking</topic><topic>Multilevel models</topic><topic>Raw material costs</topic><topic>Research Notes and Commentaries</topic><topic>resource-seeking</topic><topic>Studies</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Brouthers, Lance Eliot</creatorcontrib><creatorcontrib>Gao, Yan</creatorcontrib><creatorcontrib>McNicol, Jason Patrick</creatorcontrib><collection>Istex</collection><collection>CrossRef</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><collection>Risk Abstracts</collection><collection>Safety Science and Risk</collection><collection>Environmental Sciences and Pollution Management</collection><jtitle>Strategic management journal</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Brouthers, Lance Eliot</au><au>Gao, Yan</au><au>McNicol, Jason Patrick</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Corruption and market attractiveness influences on different types of FDI</atitle><jtitle>Strategic management journal</jtitle><addtitle>Strat. Mgmt. J</addtitle><date>2008-06</date><risdate>2008</risdate><volume>29</volume><issue>6</issue><spage>673</spage><epage>680</epage><pages>673-680</pages><issn>0143-2095</issn><eissn>1097-0266</eissn><coden>SMAJD8</coden><abstract>Previous studies have proposed that a compensatory model predicts the level of foreign direct investment (FDI) in a country; FDI levels are a result of 'trade-offs' between the positive effect of market attractiveness and the negative influence of corruption. In contrast, we hypothesize and find that the compensatory relationship only holds for market-seeking investment; for resource-seeking FDI the model appears to be noncompensatory. Greater market attractiveness mitigates the negative impact of corruption on market-seeking investment, but the ability of market attractiveness to mitigate the negative impact of corruption on resource-seeking FDI quickly disappears as corruption levels increase. Implications and future research directions are discussed.</abstract><cop>Chichester, UK</cop><pub>John Wiley &amp; Sons, Ltd</pub><doi>10.1002/smj.669</doi><tpages>8</tpages></addata></record>
fulltext fulltext
identifier ISSN: 0143-2095
ispartof Strategic management journal, 2008-06, Vol.29 (6), p.673-680
issn 0143-2095
1097-0266
language eng
recordid cdi_proquest_miscellaneous_37037727
source JSTOR Archive Collection A-Z Listing; Wiley Online Library All Journals
subjects Business investment
Consumer Price Index
Corruption
Energy production
Financial investments
Foreign direct investment
Foreign direct investments
Foreign investment
Gross domestic product
Host country
Industrial market
Investment analysis
Investment policy
labor-seeking
Market analysis
market attractiveness
Market prices
market-seeking
Multilevel models
Raw material costs
Research Notes and Commentaries
resource-seeking
Studies
title Corruption and market attractiveness influences on different types of FDI
url https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-01-08T13%3A57%3A42IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-jstor_proqu&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Corruption%20and%20market%20attractiveness%20influences%20on%20different%20types%20of%20FDI&rft.jtitle=Strategic%20management%20journal&rft.au=Brouthers,%20Lance%20Eliot&rft.date=2008-06&rft.volume=29&rft.issue=6&rft.spage=673&rft.epage=680&rft.pages=673-680&rft.issn=0143-2095&rft.eissn=1097-0266&rft.coden=SMAJD8&rft_id=info:doi/10.1002/smj.669&rft_dat=%3Cjstor_proqu%3E20142047%3C/jstor_proqu%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=225005572&rft_id=info:pmid/&rft_jstor_id=20142047&rfr_iscdi=true