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Determinants of Foreign Investment of U.S. Advertising Agencies

  • University of Michigan, Ann Arbor
  • University of Illinois at Urbana-Champaign

Research output: Contribution to journalJournal Article peer-review

275 Scopus citations

Abstract

This paper investigates the impact of several factors on the foreign investment of U.S. advertising agencies by using the theories on the determinants of foreign direct investment by manufacturing firms. For the two years examined, the hypotheses about the impact of host country market size, host country geographic proximity, firm size, firm's international operations experience, oligopolistic reaction, and presence of home country customers abroad are all confirmed. This paper also investigates the impact of oligopolistic reaction among the top ten and the second ten largest agencies and finds a stronger impact for the former.

Original languageEnglish
Pages (from-to)33-46
Number of pages14
JournalJournal of International Business Studies
Volume19
Issue number1
DOIs
StatePublished - 01 03 1988
Externally publishedYes

Bibliographical note

Publisher Copyright:
© 1988, Academy of International Business.

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 9 - Industry, Innovation, and Infrastructure
    SDG 9 Industry, Innovation, and Infrastructure

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