This article evaluates the international location decisions made by public listed Chinese firms during the period 2006–2008, using a Poisson count data regression model. Further, we categorize the firms into state-controlled and privately owned according to majority ownership. We find that the determinants of internationalization differ based on ownership. State-controlled firms are attracted to countries with large sources of natural resources and risky political environments.
- foreign direct investment
Ramasamy, B., Yeung, M., & Laforet, S. (2012). China's outward foreign direct investment: location choice and firm ownership. Journal of World Business, 47(1), 17–25. https://doi.org/10.1016/j.jwb.2010.10.020