Multinationals in India FDI and Complementation Strategy in a Developing Country

by Nayak, Amar

• ISBN13: 9780230202696
• ISBN10: 0230202691
• Format: Hardcover
• Copyright: 2008-09-15
• Publisher: Palgrave Macmillan

Summary

An in depth analysis of the key determinants of successful direct investment strategy by foreign firms in India,providing important cues to multinational companies in India and other developing countries on how to strategically invest in these host countries for the benefit of both the company and the country involved.

Author Biography

AMAR K J R NAYAK is an Associate Professor and Coordinator of Strategic Management Group at the Xavier Institute of Management, Bhubaneswar, India. His prime areas of research include International Strategy, Institutional Studies and Case Research. His publications include several peer reviewed articles, many of which have won national awards. He teaches International Business, Indian Multinational Strategy, and Non Competitive Strategies.

Table of Contents

List of Charts	p. vii
List of Figures	p. viii
List of Tables	p. x
List of Abbreviations	p. xii
Preface	p. xv
Acknowledgements	p. xvii
Introduction	p. 1
Debates in FDI Studies	p. 5
Determinants of the investing firm	p. 6
Host-country policies	p. 10
Impact of FDI on the host country	p. 13
Strategies and performance of foreign firms in the host country	p. 15
Summary and gaps in past research	p. 19
Areas for future research	p. 21
Evolution of FDI, 1900s-2000	p. 23
FDI in different periods	p. 24
Periodization of FDI in India, 1900s-2000	p. 38
Major trends in FDI	p. 39
Summing up	p. 45
Analytical Framework	p. 48
Research methodology	p. 51
Methodology in selecting cases	p. 52
Methodology for studying individual cases	p. 66
British American Tobacco, 1906-2004	p. 77
Nature and timing of investments	p. 78
Integration of business goals to host country's national goals	p. 89
Localization of ownership	p. 98
Performance indicators	p. 102
Summary: FDI strategy of BAT	p. 103
Unilever PLC, 1932-2004	p. 107
Nature and timing of investments	p. 108
Integration of business goals to host country's national goals	p. 123
Localization of ownership	p. 128
Performance indicators	p. 130
Summary: FDI strategy of Unilever	p. 131
Suzuki Motor Corporation, 1982-2004	p. 135
Indian car industry before 1982	p. 135
MUL and SMC before 1982	p. 136
Nature and timings of investments	p. 140
Integrating business goals to host country's goals	p. 150
Localization of ownership	p. 151
Performance indicators	p. 153
Summary: FDI Strategy of SMC	p. 154
Statistics Support Intuition	p. 159
Hypotheses tested	p. 159
Variables, definitions and data	p. 160
Type of statistical tests	p. 160
Comparison across companies	p. 168
Across industry analysis	p. 169
Summary	p. 181
Complementation - the Winning Strategy	p. 189
Holistic investment pattern	p. 190
Significance of complementation as a strategy	p. 192
Determinants of success	p. 193
Major learnings	p. 194
Windows for future research	p. 195
Notes	p. 197
Bibliography	p. 201
Subject Index	p. 210
Name Index	p. 214
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