Performance of foreign direct investment from Singapore

Nitin Pangarkar and Hendry Lim

International Business Review, 2003, vol. 12, issue 5, 601-624

Abstract: This study was conducted with two broad aims: to assess the performance levels attained by foreign direct investment (FDI) undertaken by Singapore firms and to identify the key determinants of the performance levels attained. We employed a broad set of perceptual measures, as reported by the MNC parent managers, to assess the performance of foreign subsidiaries. The measures included: stability, profitability, overall success, market share and sales growth. We hypothesized that the performance of (FDI) will be influenced by the following factors: mode of entry, cultural distance, relative size of the subsidiary and host government attitudes. Based on an analysis of 128 responses to a survey, we find that Singapore firms' foreign subsidiaries achieve moderate levels of performance. The data analysis also revealed that FDI performance was positive under the following conditions: the host government attitudes were positive and the subsidiaries were of large size relative to the parent.

Keywords: FDI; performance; Singapore; multinationals; Strategy; Mode; of; entry; Host; government; attitudes; Cultural; distance (search for similar items in EconPapers)
Date: 2003
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Citations: View citations in EconPapers (18)

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