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| Author: | Herrmann, P. Datta, D. K. |
| Title: | CEO experiences: effects on the choice of FDI entry mode |
| Journal: | Journal of Management Studies
2006 : JUN, VOL 43:4, p. 755-778 |
| Index terms: | chief executive officers foreign investment direct investment strategic management joint business ventures |
| Freeterms: | acquisition |
| Language: | eng |
| Abstract: | This study investigates the relationship between the experiences of newly selected CEOs and their choice of foreign direct investment (FDI) entry modes. The results indicate that less experienced CEOs prefer acquisitions and greenfield investments to joint ventures, and older CEOs go for joint ventures before greenfield investments. Also, experienced CEOs favour acquisitions ovet joint ventures and greenfield investments. If a CEO with international experience is more likely to favour greenfield investments and acquisitions over joint ventures and greenfield investments over acquisitions. |
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