Foreign Direct Investment in Central, Eastern and South Eastern Europe: an 'eclectic' approach to Greek investments

Carmen Stoian and Fragkiskos Filippaios

International Journal of Entrepreneurship and Innovation Management, 2008, vol. 8, issue 5, 542-564

Abstract: During the last decade Greece has emerged as one of the largest investors in the Central and Eastern and South Eastern European Countries (CESEEC). This is the first paper to empirically evaluate the determinants of this investment and of the entry mode decisions of Greek firms participating in the Athens Stock Exchange. The main aim of the paper is to investigate foreign direct investment determinants using Dunning's eclectic paradigm. Our results offer strong support to the eclectic framework and suggest that it is the interrelation of ownership and institutional locational advantages that can explain foreign investment activity.

Keywords: eclectic framework; Greece; modes of entry; Central Eastern and South Eastern Countries; CESEC; European Union; EU; foreign direct investment; FDI; ownership; institutional location. (search for similar items in EconPapers)
Date: 2008
References: Add references at CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://www.inderscience.com/link.php?id=22320 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijeima:v:8:y:2008:i:5:p:542-564

Access Statistics for this article

More articles in International Journal of Entrepreneurship and Innovation Management from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().