《《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