摘要
跨国公司对外直接投资的方式有两种 :新建投资和跨国并购。 2 0世纪 80年代以来 ,跨国并购占国外直接投资的比重日益提高。从博弈理论出发 ,阐释了新建投资和跨国并购之间的利润差别 ,结合波特的价值链模型 ,着重解释了服务业和大型制造业企业为什么会出现跨国并购。为跨国并购提供了一种理论上的解释。
MNFs have two kinds of method to invest abroad: greenfield investment and cross-border mergers Cross-border mergers have greatly improved since 1980s From the point of game theory, this article explain the difference of profit between greenfield investment and cross-border mergers Linking with Porter's value-chain analysis, the reasons of why service industry and large-scale manufacture enterprises exist cross-border mergers are explained This may be a contribution of explaining cross-border mergers
出处
《石家庄经济学院学报》
2003年第1期29-32,共4页
Journal of Shijiazhuang University of Economics
关键词
跨国并购
新建投资
跨国公司
博弈
cross-border mergers
greenfield investment
MNFs
game theory
