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A Note on Corporate Overseas Investment Decision Priorities of Taiwanese Direct Real Estate Investors

Author: Chao-i Hsieh

Start Page: 359
End Page: 368
Volume: 13
Issue Number: 3
Year: 1997
Publication: Journal of Real Estate Research

Abstract: Data generated from a situationally adapted analytical hierarchical process (AHP) questionnaire focusing on two politically confrontational countries (the People's Republic of China and the Republic of China on Taiwan), provides a revealing assessment of the decisionmaking priorities for three types of direct foreign investment, namely wholly foreign-owned subsidiaries (WFSs), equity joint ventures (EJVs) and contractual joint ventures (CJVs). Cross-case comparison shows distinctly different priorities among the three types for the two countries, and that country selection entails more caution than does the subsequent selection of city. Whereas political environment factors are of only marginal importance for domestic decisions, they are of primary consideration in overseas investment decisions.

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