Use this URL to cite or link to this record in EThOS:
Title: Foreign direct investment and Greek companies' internationalisation strategies in the Balkan countries
Author: Choromides, Constantinos C.
Awarding Body: University of Edinburgh
Current Institution: University of Edinburgh
Date of Award: 2003
Availability of Full Text:
Access from EThOS:
Full text unavailable from EThOS. Please try the link below.
Access from Institution:
Foreign Direct Investment (FDI) provides resources, creates externalises and recomposes sector and regional specialisation. Meanwhile, capital inflows in the Balkans are quite low, and the attractiveness of different transition economies in the region is unequal. Indeed, political and economic instability, as well as overall weak performance of the Balkan countries have a strong impact on the amounts invested by Greek companies and furthermore, determine the nature, the objectives, the degree of involvement, and the modalities of FDI. This study’s main purpose is to contribute towards filling the gap in internationalisation theory by developing an integrated framework for explaining the strategic aspects of internationalisation. The purpose can be seen as a process consisting of two mutually-related steps. The first step in the process is that of developing an integrated framework capable of explaining the strategic aspect of internationalisation. The second step in this objective is to use the framework to explain the entry strategies of Greek companies entering the emerging markets of Balkans. This study is not to deal with every particular question concerning FDI in the Balkans, but to provide an adequate theoretical and empirical framework and to make its distinctive traits intelligible and to examine factors influencing a company’s decisions to enter the emerging Balkan market and performance consequences of such entry, while considering issues of company restructuring, thus being able to catch the competitive dynamics of market strategies during a systematic transformation process from a command to a market economy. In this study, the strategies of Greek companies entering the emerging markets of the Balkan countries are analysed and explained on the basis of strategic aspects of the resource based approach and transaction costs. The choice of Greece was based on the fact that it plays an important role acting as a gateway for the flow of foreign investment to the region, as well as being a major investor in the region, given its geographical position.
Supervisor: Not available Sponsor: Not available
Qualification Name: Thesis (Ph.D.) Qualification Level: Doctoral
EThOS ID:  DOI: Not available