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The impact of CAGE institutional distances and motivations for internationalization on the Brazilian foreign direct investment outflows
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Autores
Orientador(es)
Resumo(s)
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.
Descrição
Palavras-chave
Institutional distance Foreign Direct Investment CAGE Brazil
Contexto Educativo
Citação
Ferreira, M. P., & Falcão, M. B. (2019). The impact of CAGE institutional distances and motivations for internationalization on the Brazilian foreign direct investment outflows. Brazilian Business Review, 16(2), 154-173. https://doi.org/10.15728/bbr.2019.16.2.4