Determinants of ownership-based entry mode choice of MNEs: evidence from Mongolia

Erdener Kaynak, Mehmet Demirbag, Ekrem Tatoglu

    Research output: Contribution to journalArticlepeer-review

    44 Citations (Scopus)

    Abstract

    This paper provides a comprehensive analysis of foreign investors’ ownership strategies in the land-locked transition economy of Mongolia. Drawing broadly on the transaction cost theory and institutional model, a number of investing firm and host country characteristics were identified. Drawing on a sample of 1,033 affiliates of foreign investors with varying levels of foreign ownership, the paper examines the choice between a wholly owned subsidiary (WOS) and a joint venture (JV).
    Original languageEnglish
    Pages (from-to)505-530
    Number of pages26
    JournalManagement International Review
    Volume47
    Issue number4
    DOIs
    Publication statusPublished - Oct 2007

    Keywords

    • entry mode
    • foreign ownership
    • Mongolia

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