TITLE:
Equity Entry Mode and Enterprise Performance: A Meta-Analysis
AUTHORS:
Tingya Zhang
KEYWORDS:
Entry Mode, Performance, Meta-Analysis, Emerging Economies
JOURNAL NAME:
Open Journal of Social Sciences,
Vol.7 No.12,
December
13,
2019
ABSTRACT: The
choice of entry mode, especially the choice between sole proprietorship and
joint venture, is one of the important strategic decisions for multinational
corporations to make foreign direct investment. Although there have been a
large number of empirical studies on the relationship between entry mode and
enterprise performance, the existing studies have not reached a more consistent
conclusion on the relationship between them and the influencing factors
affecting the relationship between them. This paper selects 58 independent
empirical studies, and uses the Meta-analysis
method to integrate the empirical results, and obtains the comprehensive
results that the equity entry mode has a significant impact on corporate
performance. At the same time, the study also found that the relationship
between equity entry mode and enterprise performance is affected by the degree
of development of the source country and host country, enterprise size and
other factors.