The Impact of CAGE Institutional Distances and Motivations for Internationalization on the Brazilian Foreign Direct InvestmentbOutflows
In this study, we have analyzed the influence of institutional distances and strategic motivations for internationalization on Brazilian foreign direct investment (FDI). We suggest that institutional differences, between Brazil and the host country, measured with Ghemawhat's (2001) CAGE typolo...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
FUCAPE Business School
2019-01-01
|
| Series: | BBR: Brazilian Business Review |
| Subjects: | |
| Online Access: | http://www.redalyc.org/articulo.oa?id=123058882004 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1825207268036050944 |
|---|---|
| author | Manuel Portugal Ferreira Marcelo Braga Falcão |
| author_facet | Manuel Portugal Ferreira Marcelo Braga Falcão |
| author_sort | Manuel Portugal Ferreira |
| collection | DOAJ |
| description | In this study, we have analyzed the influence of institutional distances and strategic motivations for internationalization on Brazilian foreign direct investment (FDI). We suggest that institutional differences, between Brazil and the host country, measured with Ghemawhat's (2001) CAGE typology, have a negative impact on FDI flows. However, we propose that the market-seeking and strategic asset-seeking motivations (e.g., new knowledge acquisition) moderate the impact of institutional differences on investment decisions by reducing the impact of the institutional distances between countries on investment decisions. |
| format | Article |
| id | doaj-art-67c59f38d52846cf81c2769b0a92e6a1 |
| institution | Kabale University |
| issn | 1807-734X |
| language | English |
| publishDate | 2019-01-01 |
| publisher | FUCAPE Business School |
| record_format | Article |
| series | BBR: Brazilian Business Review |
| spelling | doaj-art-67c59f38d52846cf81c2769b0a92e6a12025-02-06T23:39:32ZengFUCAPE Business SchoolBBR: Brazilian Business Review1807-734X2019-01-0116215417310.15728/bbr.2019.16.2.4The Impact of CAGE Institutional Distances and Motivations for Internationalization on the Brazilian Foreign Direct InvestmentbOutflowsManuel Portugal FerreiraMarcelo Braga FalcãoIn this study, we have analyzed the influence of institutional distances and strategic motivations for internationalization on Brazilian foreign direct investment (FDI). We suggest that institutional differences, between Brazil and the host country, measured with Ghemawhat's (2001) CAGE typology, have a negative impact on FDI flows. However, we propose that the market-seeking and strategic asset-seeking motivations (e.g., new knowledge acquisition) moderate the impact of institutional differences on investment decisions by reducing the impact of the institutional distances between countries on investment decisions.http://www.redalyc.org/articulo.oa?id=123058882004institutional distanceforeign direct investmentcagebrazil |
| spellingShingle | Manuel Portugal Ferreira Marcelo Braga Falcão The Impact of CAGE Institutional Distances and Motivations for Internationalization on the Brazilian Foreign Direct InvestmentbOutflows BBR: Brazilian Business Review institutional distance foreign direct investment cage brazil |
| title | The Impact of CAGE Institutional Distances and Motivations for Internationalization on the Brazilian Foreign Direct InvestmentbOutflows |
| title_full | The Impact of CAGE Institutional Distances and Motivations for Internationalization on the Brazilian Foreign Direct InvestmentbOutflows |
| title_fullStr | The Impact of CAGE Institutional Distances and Motivations for Internationalization on the Brazilian Foreign Direct InvestmentbOutflows |
| title_full_unstemmed | The Impact of CAGE Institutional Distances and Motivations for Internationalization on the Brazilian Foreign Direct InvestmentbOutflows |
| title_short | The Impact of CAGE Institutional Distances and Motivations for Internationalization on the Brazilian Foreign Direct InvestmentbOutflows |
| title_sort | impact of cage institutional distances and motivations for internationalization on the brazilian foreign direct investmentboutflows |
| topic | institutional distance foreign direct investment cage brazil |
| url | http://www.redalyc.org/articulo.oa?id=123058882004 |
| work_keys_str_mv | AT manuelportugalferreira theimpactofcageinstitutionaldistancesandmotivationsforinternationalizationonthebrazilianforeigndirectinvestmentboutflows AT marcelobragafalcao theimpactofcageinstitutionaldistancesandmotivationsforinternationalizationonthebrazilianforeigndirectinvestmentboutflows AT manuelportugalferreira impactofcageinstitutionaldistancesandmotivationsforinternationalizationonthebrazilianforeigndirectinvestmentboutflows AT marcelobragafalcao impactofcageinstitutionaldistancesandmotivationsforinternationalizationonthebrazilianforeigndirectinvestmentboutflows |