Country Distance and Entry Mode Choice of MNEs in Vietnam’s Agricultural Sector in Context of Free Trade

Sustainability

Nguyet Nguyen¹  Ha Thi Hoang Tran¹  Tuan Duong Vu¹ 

[1] Business Administration Faculty, Thuongmai University, Hanoi 100000, Vietnam;

关键词: country distance;    entry mode;    Vietnam’s agriculture sector;    free trade;    FTAs;   

DOI  :  10.3390/su14063164

来源: DOAJ

【 摘 要 】

In this article, we focus on tackling a relative research gap: how country distance (institutional, cultural, economic, and geographical distance) determines the entry mode choice between wholly-owned enterprises (WOEs) and joint venture enterprises (JVEs) in the context of “going global”. Based on a sample of 439 multinational enterprises (MNEs) from 22 different nations that directly invested in the agricultural sector of Vietnam in the period 1996–2019, an empirical investigation has been conducted by employing logistic regression. The results show that as cultural and geographical distances increase, MNEs prefer JVE forms. However, WOE becomes more popular in cases of large economic and institutional distance. Furthermore, entry mode choices of MNEs are also noticeably impacted by freedom of trade.

【 授权许可】

Unknown