Chinese Outward Direct Investment Research: Theoretical Integration and Recommendations

Authors

Ping Deng, Cleveland State UniversityFollow

Document Type

Article

Publication Date

2013

Publication Title

Management and Organization Review

Keywords

Global/International Business

Disciplines

Corporate Finance

Abstract

This article reports a detailed analysis of 138 peer-reviewed articles in 41 journals published in the last 12 years (2001–2012) that focus on Chinese outward foreign direct investment from a theoretical advancement perspective. It assesses how the topic has been explored both conceptually and empirically and identifies the substantive contributions to the literature using a thematic analysis. The article argues that research on the international expansion of Chinese multinational corporations offers a unique opportunity to extend and develop extant theorizing in four primary research streams: the latecomer perspective; Chinese state and government influences; the dynamics of firms and institutions; and the liability of foreignness. Building on the results of this analysis, the article offers five recommendations as promising ways to open up theoretical inquiry: (1) cross-fertilization among the four research streams; (2) integration of resource- and institution-based theories with other theoretical lenses; (3) research on the process dimensions using a longitudinal approach; (4) adoption of multi-levels of analysis; and (5) consideration of the wider emerging market literature.

Recommended Citation

Deng, P. (2013). Chinese Outward Direct Investment Research: Theoretical Integration and Recommendations. Management and Organization Review, 9(3), pp. 513-539.

DOI

10.1111/more.12030

Version

Postprint

Publisher's Statement

This is the accepted version of the following article: Deng, P. (2013). Chinese Outward Direct Investment Research: Theoretical Integration and Recommendations. Management and Organization Review, 9(3), pp. 513-539. The Financial Review, Eastern Finance Association, 48, pp.597-615., which has been published in final form at 10.1111/more.12030

Volume

9

Issue

3