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 language | English |
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Pages (from-to) | 505-530 |
Number of pages | 26 |
Journal | Management International Review |
Volume | 47 |
Issue number | 4 |
DOIs | |
Publication status | Published - Oct 2007 |
Keywords
- entry mode
- foreign ownership
- Mongolia