| 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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