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《《determinants of outward foreign direct investment by chinese enterprises》.pdf
The current issue and full text archive of this journal is available at
/2040-8749.htm
Determinants of outward Determinants
of OFDI
foreign direct investment
by Chinese enterprises
237
An empirical study from institutional
perspective Received 30 November 2009
Revised 10 January 2010
Daying Yan Accepted 4 February 2010
Nankai University, Tianjin, People’s Republic of China
Junjie Hong
University of International Business and Economics,
Beijing, People’s Republic of China, and
Bing Ren
Nankai University, Tianjin, People’s Republic of China
Abstract
Purpose – The paper aims to investigate the determinants of outward foreign direct investment
(OFDI) by Chinese enterprises during China’s institutional and economic transition, specifically from
the institutional perspective.
Design/methodology/approach – An analytical framework was conceptualized by introducing
several institutional-based advantages peculiar to Chinese firms and a series of hypotheses developed
regarding the influences of these advantages on the OFDI strategies of Chinese
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