Analysing ownership, locational and internalization advantages of Chinese construction MNCs using rough sets analysis
The rough sets analysis focusing on the ownership, locational and internalization (OLI) advantages of Chinese construction multinational corporations (MNCs) in the international market under Dunning's Eclectic Paradigm was adopted to overcome the sample size constraint in MNC research that seeks to examine the causality patterns of the factors identified. The rough sets methodology provides a solution that conventional statistical methods do not offer to ascertain how these factors are determined and their influence in the OLI analysis of the performance of Chinese construction MNCs. The rough sets approach to handling imperfect data with uncertainty and vagueness was adopted to describe dependencies between attributes, evaluate the significance of attributes and deal with inconsistencies. Based on a questionnaire survey of 31 Chinese construction MNCs, findings from the rough sets analysis suggest, among other things, that: (1) a firm is likely to perform well in terms of its ownership advantages when it has a significant advantage on its reputation and its accessibility to resources when compared with local contractors; (2) a firm may be expected to achieve better results in terms of its locational advantages if the large number of competitors from China in the host countries becomes its most important consideration; and (3) a firm that conscientiously avoids or reduces information search and business negotiation costs would tend to perform well in terms of its internalization advantages.
Volume (Year): 24 (2006)
Issue (Month): 11 ()
|Contact details of provider:|| Web page: http://www.tandfonline.com/RCME20|
|Order Information:||Web: http://www.tandfonline.com/pricing/journal/RCME20|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- R. Slowinski & C. Zopounidis, 1995. "Application of the Rough Set Approach to Evaluation of Bankruptcy Risk," Intelligent Systems in Accounting, Finance and Management, John Wiley & Sons, Ltd., vol. 4(1), pages 27-41, 03.
- Daniel Sullivan, 1994. "Measuring the Degree of Internationalization of a Firm," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 25(2), pages 325-342, June.
- G. Ietto-Gillies, 1997. "What do Internationalisation Indices Measure?," CIBS Research Papers in International Business 6-97, London South Bank University CIBS.
- Dunning, John H., 1983. "Market power of the firm and international transfer of technology : A historical excursion," International Journal of Industrial Organization, Elsevier, vol. 1(4), pages 333-351, December.
- Low Sui Pheng & Jiang Hongbin, 2004. "Estimation of international construction performance: analysis at the country level," Construction Management and Economics, Taylor & Francis Journals, vol. 22(3), pages 277-289.
- Dimitras, A. I. & Slowinski, R. & Susmaga, R. & Zopounidis, C., 1999. "Business failure prediction using rough sets," European Journal of Operational Research, Elsevier, vol. 114(2), pages 263-280, April.
- John H Dunning, 1995. "Reappraising the Eclectic Paradigm in an Age of Alliance Capitalism," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 26(3), pages 461-491, September.
- Masahiko Itaki, 1991. "A Critical Assessment of the Eclectic Theory of the Multinational Enterprise," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 22(3), pages 445-460, September.
- Dunning, John H., 2000. "The eclectic paradigm as an envelope for economic and business theories of MNE activity," International Business Review, Elsevier, vol. 9(2), pages 163-190, April.
- Slowinski, R. & Zopounidis, C. & Dimitras, A. I., 1997. "Prediction of company acquisition in Greece by means of the rough set approach," European Journal of Operational Research, Elsevier, vol. 100(1), pages 1-15, July.
When requesting a correction, please mention this item's handle: RePEc:taf:conmgt:v:24:y:2006:i:11:p:1149-1165. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty)
If references are entirely missing, you can add them using this form.