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Assessment of Overseas Subsidiary Survival in Chinese Provinces: A Longitudinal Study of Indian Multinationals

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  • Khanindra Ch. Das
  • Mantu Kumar Mahalik

Abstract

This study provides a longitudinal survival assessment of Indian subsidiaries in Chinese provinces. We construct a panel dataset of Indian subsidiaries operating in Chinese provinces during 2004–2017 and examine survival using a panel probit model and Cox regression. The results support the real options perspective, the economic geography approach and the institution‐based view. Subsidiary exits were associated with smaller size, albeit higher in the manufacturing sector. There is a positive impact of sub‐national economic geography factors on subsidiary survival. The finding contributes to the South–South investment literature as it highlights the role of sub‐national factors in shaping subsidiary survival.

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  • Khanindra Ch. Das & Mantu Kumar Mahalik, 2021. "Assessment of Overseas Subsidiary Survival in Chinese Provinces: A Longitudinal Study of Indian Multinationals," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 54(2), pages 190-207, June.
    • Handle: RePEc:bla:ausecr:v:54:y:2021:i:2:p:190-207
    DOI: 10.1111/1467-8462.12404
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    Cited by:

    1. Khanindra Ch. Das, 2023. "What Affects Startup Acquisition in Emerging Economy? Evidence from India," Journal of Emerging Market Finance, Institute for Financial Management and Research, vol. 22(2), pages 111-134, June.

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