The relevance of theories of foreign direct investment to mergers and acquisitions in Africa
There is no single theory that explains all the activities of multinational enterprises (MNEs). In this article, I briefly discuss selected theories relevant to developing countries and from a historical perspective. This theoretical literature review explains why international production takes plac...
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| Format: | Article |
| Language: | English |
| Published: |
General Association of Economists from Romania
2024-09-01
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| Series: | Theoretical and Applied Economics |
| Subjects: | |
| Online Access: |
http://store.ectap.ro/articole/1769.pdf
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| Summary: | There is no single theory that explains all the activities of multinational enterprises
(MNEs). In this article, I briefly discuss selected theories relevant to developing countries and from
a historical perspective. This theoretical literature review explains why international production
takes place, explains the Mergers and Acquisitions (M&A) mode of entry for FDI, and demonstrates
the relevance of the selected theories to M&A in Africa. The article concludes that developments in
theories of FDI since the beginning of the 21st century no longer view FDI in aggregate form. To
understand trends of FDI, researchers must draw from theories that consider entry mode-choice. |
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| ISSN: | 1841-8678 1844-0029 |