FDI Entry Strategies as a Function of Distance—The Case of an Emerging Market: Turkey
Xanthippe Adamoglou () and
Dimitrios Kyrkilis ()
Additional contact information
Xanthippe Adamoglou: University of Macedonia
Dimitrios Kyrkilis: University of Macedonia
Journal of the Knowledge Economy, 2018, vol. 9, issue 4, 1348-1373
Abstract This paper examines the impact of replacing administrative/political distance by institutional distance in the CAGE distance framework. It then tests how the new CIGE framework is affected by two entry mode choices considering the emerging economy of Turkey. In addition, it approaches geographic distance through historical ties and kilometer differences, examining their role on the relationship proposed. The sample consists of 245 foreign equity investments concluded between 2002 and 2010 by investors from European Union Member States and 21 non-European Union countries. Results show that institutional distance affects both the entry mode choice and all other framework variables. Furthermore, geographic distance, through historical ties and kilometer differences, emerges as significant factor influencing the various forms of FDI ownership strategy in the case of Turkey.
Keywords: Entry mode choice; Multinational enterprises; CAGE distant framework; Institutional distance; Historical ties (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://link.springer.com/10.1007/s13132-016-0425-1 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:spr:jknowl:v:9:y:2018:i:4:d:10.1007_s13132-016-0425-1
Ordering information: This journal article can be ordered from
Access Statistics for this article
Journal of the Knowledge Economy is currently edited by Elias G. Carayannis
More articles in Journal of the Knowledge Economy from Springer, Portland International Center for Management of Engineering and Technology (PICMET)
Bibliographic data for series maintained by Sonal Shukla ().