Subtitle:
By:Bo Shu
Publisher:Social Sciences Academic Press
ISBN:978-7-5228-1959-4
Publication Date:2023-10-16
Language:Chinese
Based on the perspective of management cognition of strategic decision makers of multinational corporations (MNCs), this book aims to study the influence mechanism of management cognition of strategic decision makers on the risk uncertainty location choice of MNCs' outward foreign direct investment (OFDI) and the boundary conditions of its functioning from the perspective of the influencing factors at a more micro level.
From the theoretical level, this book distinguishes two levels of MNC strategic decision makers as individual (CEO management cognition heterogeneity) and team (TMT management cognition neo-crack band), and examines the different influences of individual, individual and team interactions on MNCs' OFDI risk uncertainty location choices and the applicable contextual factors, respectively, and chooses China's "One Belt, One Road" MNCs as the research sample. Choosing Chinese "Belt and Road" multinational corporations as research samples, this book constructs and empirically tests the conceptual model of "mediated book of call" based on higher-order theory, imprinting theory, and the theory of group breakout zones, and the relevant findings will help to enrich the theory of IFDI location choice from the microfoundational level.
From the practical level, this book provides theoretical support and management insights for Chinese multinational corporations to strengthen strategic decision makers' entity waiting decision-making from the perspective of corporate governance structure, give full play to CEO management cognitive heterogeneity and TMT management cognitive fracture zone superiority, effectively control the CEO's personal limited rationality decision-making insufficiency, and then make scientific decision-making on location selection of OFDI risk uncertainty, and help Chinese multinational corporations realise high-quality development of OFDI. OFDI to achieve high-quality development.