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| Author: | Gulamhussen, M. A. |
| Title: | A theoretical perspective on the location of banking FDI |
| Journal: | Management International Review
2009 : VOL. 49:2, p.163-178 |
| Index terms: | banks PROBABILITY games |
| Freeterms: | FDI real options |
| Language: | eng |
| Abstract: | The study models location of banking FDI in volatile demand conditions and generates an integrated view of the location of banking FDI. In the model information arrives through passage of time or through presence in foreign market. The model is also extended to analysis of strategic and simultaneous FDI. The results suggest that market entry evolves from deferring FDI to partial FDI and the to full FDI. The switch to partial FDI happens faster when banks can gather information only through a presence in the foreign market. This switch does not happen when immediate full FDI enables more efficient production. |
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