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| Author: | Demirbag, M. Tatoglu, E. Glaister, K. W. |
| Title: | Institutional and transaction cost influences on partnership structure of foreign affiliates |
| Journal: | Management International Review
2010 : VOL. 50:6 p. 709-745 |
| Index terms: | transaction costs foreign investment joint business ventures subsidiary companies Turkey |
| Language: | eng |
| Abstract: | This article examines the determinants of foreign subsidiary structure in the context of foreign equity ventures in Turkey. The results indicate that research and development (R&D) intensity, cultural distance, location of affiliate, affiliate size, political risk and corruption perception distances are especially important in deciding the affiliate structure. The effect of foreign direct investment (FDI) concentration and linguistic distance on partnership structure of foreign affiliates are also partially supported by the study. |
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