Foreign ownership structure of service equity joint ventures in China

Chadee, Doren, D. 2002, Foreign ownership structure of service equity joint ventures in China, International journal of service industry management, vol. 13, no. 2, pp. 181-201.

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Title Foreign ownership structure of service equity joint ventures in China
Author(s) Chadee, Doren, D.
Journal name International journal of service industry management
Volume number 13
Issue number 2
Start page 181
End page 201
Total pages 22
Publisher Emerald
Place of publication Bingley, England
Publication date 2002
ISSN 1757-5818
1757-5826
Keyword(s) foreign direct investment
Equity joint ventures
China
Summary This paper investigates the foreign ownership structure of service equity joint ventures (EJVs) in China. In less than 20 years, China has emerged from a closed economy to become the second largest recipient of foreign direct investment (FDI) in the world. Now that China is a member of the World Trade Organisation, liberalisation of FDI is expected to accelerate even further. Despite the fact that an increasing proportion of FDI in China is in the form of equity joint ventures in the service sector, little is known of the ownership structure of service EJVs. Using a database of 6,430 foreign EJVs, in China from 1984 to 1996, this paper shows that foreign equity ownership differs significantly between service and manufacturing EJVs with foreign ownership generally being higher in service EJVs. The overall results also suggest that the gradual liberalisation of FDI in the service sector by Chinese authorities has had a positive effect on foreign equity ownership.
Language eng
Field of Research 159999 Commerce, Management, Tourism and Services not elsewhere classified
Socio Economic Objective 970115 Expanding Knowledge in Commerce, Management, Tourism and Services
HERDC Research category C1.1 Refereed article in a scholarly journal
Copyright notice ©2002, MCB UP Limited
Persistent URL http://hdl.handle.net/10536/DRO/DU:30048609

Document type: Journal Article
Collection: School of Management and Marketing
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