| 摘要: |
| 本文基于新制度理论视角,选取2001—2018年中国上市企业在欧盟的并购数据,采用负二项回归模型和SUEST模型进行分组回归,研究组织间模仿对不同所有制结构的企业跨国并购区位选择影响。结果发现:中国企业在跨国并购区位选择时,倾向于模仿本国其他企业的选择,不同所有制企业的模仿程度不同,非国有企业比国有企业更倾向于模仿。同时,企业所有制结构相似性还会影响企业模仿参照组的选择,并且影响程度在国有企业上表现得更深。 |
| 关键词: 组织间模仿 对外直接投资 区位选择 国有企业 非国有企业 |
| DOI: |
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| Research on Location Selection of Chinese Enterprises’Cross-border M&A Based on the Perspective of Inter-organizational Imitation |
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Wang Jiang;Peng Si-yu
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Business School,University of Shanghai for Science and Technology,Shanghai 200082,China
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| Abstract: |
| Based on the perspective of the new system theory,this paper selects the data of China’s listed enterprises’M&A in the EU from 2001 to 2018,and uses the Negative Binomial Regression model and SUEST model for grouping regression to study the influence of inter organizational imitation on the location choice of cross-border M&A of enterprises with different ownership structures.The results show that Chinese enterprises tend to imitate the choices of other domestic enterprises when they choose the location of cross-border M&A.Non-state-owned enterprises tend to imitate more than state-owned enterprises.At the same time,the similarity of enterprise ownership structure will also affect the choice of enterprise imitation reference group,and the influence degree is deeper in state-owned enterprises. |
| Key words: inter-organizational imitation OFDI location choice state-owned enterprise non-state-owned enterprise |