FDI and the Ecletic Paradigm
The increasing globalization has stimulated the appetite of Multi-National Corporation (MNC) to invest abroad while it has also forced the host country to create a more favorable environment for Foreign Direct Investment (FDI) (Chittle, 1999).
International trade (exporting and licensing) and FDI (either greenfield investment or Merger and Acquisition (M&A) with an existing firm in the host country) are two important phenomena of globalization for MNC (Buckley, 2015). According to Liu et al. (2016), cross-border M&A is a significant component of FDI, being roughly about one-third of the total FDI flows.
The main analytical framework to explain the determinants of FDI is the Eclectic Paradigm or OLI, which attempted
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Fotopoulos (2004) assessed the determinant factors of FDI and confirmed that firm size and age have a negative effect on growth while foreign ownership exerts a positive effect on firm growth. They conclude that MNC stimulates local industrial development by boosting firm growth. Moreover, Jay (2015) introduced financial factors in addition to strategic factors as determinants of FDI. Those financial factors concern internal capital market strength, corporate governance and exchange rate fluctuation, risk diversification, internal and external financing cost, and agency costs. There is variability in the significance of financial variables depending on industries and destinations.
Malhotra et al. (2009) find that while cultural and geographic distance factors have a significant and negative impact on the number of FDI, administrative and economic distances have a meaningful and positive effect. They also find that the market potential of target countries significantly moderates the relation between the geographic/distance factors and the number of
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She concludes that location is the determinant of geographical patterns of US FDI. While domestic banking authorities have concerned of the impact of foreign bank presence on national monetary policy, exchange rates, capital inflows-outflow, investment pattern and its implications for the domestic financial industry. Some government seems to be anxious to attract foreign banks so as to increase domestic competition, establish new types of institutions and new financial instruments. However, the level of effectiveness of host-country local bank on the geographical pattern of US FDI in the banking industry overseas cannot be
trade and investments, and these U.S. banking organizations can be competitive with the host country institutions with the safety and soundness of their operations. The Federal Reserve tests the international operations of state banks, and agreement corporations, mostly at the U.S. head offices of these institutions. , the Federal Reserve conducts examinations at the foreign operations of a U.S. banking organization with a view to determine the correctness of financial and operational information kept at the head office at the proper time, and to test whether the organization is safe and maintain sound banking practices and also to assess the efforts to adopt remedial
An archetype is present in every society and culture. Familiar characters, symbols, and situations are used in film to convey basic human experiences that will resonate with the viewer. Archetypes send an understandable message to viewers as to the details of a character or scene. Whether the viewers realize it or not, they will have interpreted what is being conveyed without even thinking about the insertion of archetypes. In his film The Lord of the Rings: The Two Towers, J.R.R. Tolkien incorporates archetypes into his setting and characters to convey basic human experiences.
The biological explanation of the brain in regards to drug addiction is interesting. According to the textbook, "Studies have found convincing evidence that drugs such as alcohol, heroin, and cocaine act directly on the brain mechanisms that are responsible for reward and punishment. " When one use drugs, the drug stimulates the areas of the brain that create the sensation of pleasure and suppress the pleasure of pain, as, a result, the user receives reinforcement to engage in further drug-taking behavior. The psychological explanation of drug abuse, "Focus on either personality disorders or the effects of social learning and reinforcement on drug-taking behaviors."
This presentation was an interesting event that touched bases on many important topics. In this event, the public figure, Olmeca, shared some of his beliefs. Olmeca is a Hispanic rapper and a public speaker fighting for equal rights for all. In his presentation, Olmeca talks about the state the country is in by explaining the cause of the problem what we can do to fix it. Racism is still a pressing issue that many social groups face in society today.
From my perspective, different theoretical orientations are beneficial for different types of populations. I do not believe one theory fits all, as everyone has different attachment, and developmental levels. In the duration of the graduate program, I have been exposed to various theoretical approaches such as attachment theory, cognitive-behavioral therapy (CBT), psychodynamic, person-centered therapy, acceptance commitment therapy (ACT), and a few others. However, I have encountered cognitive-behavioral therapy (CBT), acceptance commitment therapy (ACT), and play therapy to be favorable when treating children/adolescents.
When he was looking Into the Mirror of Erised, Mark Medve sees himself as a NAVY Seal. In the mirror of Erised, Mark Medve Is a tall bearded man with sunglasses, a hat a bulletproof vest, and cargo pants. He likes it. He got his inspiration from his dad telling him about Chris Kyle and how his nickname was “The Legend”. He thinks that he can do good by serving his country and helping the people in it.
The computational representational theory of the mind (CRUM) is a theory devised to model the complexities of the human mind in cognitive science. Human thought processes have been simplified by thinking about abstract thought processes in terms of concrete computational procedures (Thagard, 11). CRUM theory surmises that thinking is the result of the application of operations to mental representations (Thagard, 11). Recent literature suggests our emotions are intrinsically tied to cognitive processes (Dalgleish and Power, 1999). Emotions are influential factors that affect mental representations such as concepts, analogies and imagery in cognitive science.
Introduction Theoretical orientation is the concept of providing practitioners with theory based framework .The purpose of the theory is to help guide the social work professional in a setting while intervening with individuals, families and treatment. Theoretical Orientation also help the social worker to work with the clients to set their goals and ackwlodge certain techniques you may use while using a specific theory. In this reflection paper I will deliberate on developing a Theoretical orientation, Exploring your theoretical orientation, Integrating your theoretical at your field placement, and Task group techniques. Developing A Theoretical Orientation From Halbur & Halbur (2011) the strategies that were suggested to help the professional
First and foremost, one must acknowledge the plainly visible fact that the Chinese economy has grown exponentially since the process of integration into the global economic system began. China 's comparative advantages, particularly in the labor sector, has transformed it into the second largest recipient of FDI in the world.1 Over the course of the last 20 years, exports have grown approximately 17.1 percent per year.2 This ultimate result of this investment and trade has been an overall growth rate 8 percent per annum,3 which would have been completely unattainable without the country 's engagement in globalization. Foreign investments have
The One-Eared Intellectual was very enjoyable for me because it was told through a child ’s eyes. Children have crazy, wild imaginations so at the beginning when the little girl says “In my town there lives a man with an enormous intellect and only one ear. When I was a little girl, I thought that the two things were connected, that giving up one ear was simply the price you had to pay to be that smart”. When I read those lines I found it to be humorous that she associated his intellect with his missing ear.
TESLA Motors In The Netherlands 1. Introduction Tesla Motors Inc. is an American car manufacturer based in California. Founded in 2003, it has become one of the fastest growing companies in the electric vehicle (EV) market. In 2016, Tesla had a revenue of $2.28 billion and sold 76,230 units (Ferris, 2017).
Representation plays a pivotal role in comprehending and interpreting the complex world around us. According to Stuart Hall, “representation is an essential part of the process by which meaning is produced and exchanged between members of a culture (Hall The Work of Representation 1997). How adequately one represents one’s own self or the world around them is a matter of prime concern for everyone ranging from critics to common man. However, no representation is neutral and it involves issues of power and control. Much postcolonial scholarships revolve around this issues of power and politics of representation with the deployment of what Foucault has popularly termed as “discourse”.
This literature review will be covering the topic on research paradigms. There are three major paradigms in the research paradigms which are the positivist paradigm research, interpretivist paradigm research and critical paradigm research. Each research paradigm has its own strengths and effectiveness due to their unique features which are specific to their particular approach as well as weaknesses. All researchers have their own beliefs and methods while conducting a research. Therefore, the ways of research studies conducted are vary.
UNIVERSITY OF THE PEOPLE Written Assignment Unit Seven Introduction to Philosophy BUS 1402 UoPeople’ Student Identify and discuss the main features of Correspondence Theory. What are its major strengths and weaknesses? It has been shown that philosophy is the act of wondering or questioning as to come out with a conclusion with different problems that trouble the humankind.
In the past few years, Multinational Corporation has become the most important character in globalization topic. Multinational corporation means an organization that owns sale their goods or service to more than single countries are rising at this age, moreover, these corporations almost come from developed countries (Allen Sens, 2012). In 20 to 21 centuries, considerably multinational corporations have chosen developing countries like China or India for continuous their business. However, is it bring economic benefit to developing country or make that worse? The aim of this essay is to examine some arguments for and against of multinational corporations in developing country