Use this URL to cite or link to this record in EThOS: http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.616300
Title: Foreign acquisitions by Indian multinational enterprises : testing and extending internationalisation frameworks
Author: Munjal , Surender
Awarding Body: University of Leeds
Current Institution: University of Leeds
Date of Award: 2013
Availability of Full Text:
Access from EThOS:
Abstract:
Since the turn of the 21st century, Indian multinationals (MNEs) have gained significance in the world economy due to the rising trend of outward foreign direct investment (FDI) undct1akcl1 by them via foreign acquisitions. Using quantitative methods of data analysis on foreign acquisitions undertaken by Indian MNEs, between 2000 and 2007, and the Ownership-Location-Internalisation (OLl) and Linkage-Leverage-Learning (LLL) frameworks from international business literature, this thesis explores the determinants of outward FDI undertaken by Indian MNEs through acquisitions. It finds that both the OLI and the LLL frameworks explain different facets of internationalisation behaviour of Indian MNEs. It also examines the complementarity between these frameworks and finds that the OLI and LLL frameworks do not compete but rather complement each other. This complementarity among tenets underlying the frameworks is found at country- and firm-level units of analysis. This thesis makes academic and practical contributions. Academically, the thesis makes empirical and theoretical contributions by testing and extending the OLI-and LLL frameworks. Practically, it provides guidance to managers in devising internationalisation strategies and to regulators for formulating policies that are coherent with the internationalisation strategies of the firm.
Supervisor: Not available Sponsor: Not available
Qualification Name: Thesis (Ph.D.) Qualification Level: Doctoral
EThOS ID: uk.bl.ethos.616300  DOI: Not available
Share: