What Investors Want : Perceptions and Experiences of Multinational Corporations in Developing Countries

What Investors Want : Perceptions and Experiences of Multinational Corporations in Developing Countries

This paper discusses the results of a survey of multinational corporations with affiliates in developing countries. The paper explores corporate perspectives and decision making across the stages of the investment cycle: attraction, entry and estab...

Full description

Bibliographic Details
Main Authors: Kusek, Peter, Silva, Andrea
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
FOREIGN DIRECT INVESTMENT
MULTINATIONAL CORPORATIONS
ENTERPRISE SURVEYS
INVESTMENT CLIMATE
GLOBALIZATION
GLOBAL VALUE CHAINS
INVESTOR PERCEPTIONS
INTERNATIONAL BUSINESS
GLOBAL ECONOMY
INVESTMENT CYCLE
POLITICAL STABILITY
REGULATION
BUSINESS ENVIRONMENT
TRANSPARENCY
PUBLIC SECTOR PERFORMANCE
Online Access:http://documents.worldbank.org/curated/en/168711522241146651/What-investors-want-perceptions-and-experiences-of-multinational-corporations-in-developing-countries
http://hdl.handle.net/10986/29566
id okr-10986-29566
recordtype oai_dc
spelling okr-10986-295662021-06-08T14:42:45Z What Investors Want : Perceptions and Experiences of Multinational Corporations in Developing Countries Kusek, Peter Silva, Andrea FOREIGN DIRECT INVESTMENT MULTINATIONAL CORPORATIONS ENTERPRISE SURVEYS INVESTMENT CLIMATE GLOBALIZATION GLOBAL VALUE CHAINS INVESTOR PERCEPTIONS INTERNATIONAL BUSINESS GLOBAL ECONOMY INVESTMENT CYCLE POLITICAL STABILITY REGULATION BUSINESS ENVIRONMENT TRANSPARENCY PUBLIC SECTOR PERFORMANCE This paper discusses the results of a survey of multinational corporations with affiliates in developing countries. The paper explores corporate perspectives and decision making across the stages of the investment cycle: attraction, entry and establishment, operations and expansion, linkages with the local economy, and, in some cases, divestment and exit. Through interviews with 754 executives, the survey finds that political stability and a business-friendly regulatory environment are the top two factors influencing multinational corporations' investment decisions in developing countries. Investors seek predictable, transparent, and efficient conduct of public agencies. The survey results also show that investors are heterogeneous, and their perceptions vary with motivation and size. Multinational corporations that are involved in efficiency-seeking investment are more selective than investors motivated by other considerations, and that relatively smaller multinational corporations are more sensitive to host country characteristics and investment climate factors than large firms. 2018-03-30T19:32:47Z 2018-03-30T19:32:47Z 2018-03 Working Paper http://documents.worldbank.org/curated/en/168711522241146651/What-investors-want-perceptions-and-experiences-of-multinational-corporations-in-developing-countries http://hdl.handle.net/10986/29566 English Policy Research Working Paper;No. 8386 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic FOREIGN DIRECT INVESTMENT
MULTINATIONAL CORPORATIONS
ENTERPRISE SURVEYS
INVESTMENT CLIMATE
GLOBALIZATION
GLOBAL VALUE CHAINS
INVESTOR PERCEPTIONS
INTERNATIONAL BUSINESS
GLOBAL ECONOMY
INVESTMENT CYCLE
POLITICAL STABILITY
REGULATION
BUSINESS ENVIRONMENT
TRANSPARENCY
PUBLIC SECTOR PERFORMANCE
spellingShingle FOREIGN DIRECT INVESTMENT
MULTINATIONAL CORPORATIONS
ENTERPRISE SURVEYS
INVESTMENT CLIMATE
GLOBALIZATION
GLOBAL VALUE CHAINS
INVESTOR PERCEPTIONS
INTERNATIONAL BUSINESS
GLOBAL ECONOMY
INVESTMENT CYCLE
POLITICAL STABILITY
REGULATION
BUSINESS ENVIRONMENT
TRANSPARENCY
PUBLIC SECTOR PERFORMANCE
Kusek, Peter
Silva, Andrea
What Investors Want : Perceptions and Experiences of Multinational Corporations in Developing Countries
relation Policy Research Working Paper;No. 8386
description This paper discusses the results of a survey of multinational corporations with affiliates in developing countries. The paper explores corporate perspectives and decision making across the stages of the investment cycle: attraction, entry and establishment, operations and expansion, linkages with the local economy, and, in some cases, divestment and exit. Through interviews with 754 executives, the survey finds that political stability and a business-friendly regulatory environment are the top two factors influencing multinational corporations' investment decisions in developing countries. Investors seek predictable, transparent, and efficient conduct of public agencies. The survey results also show that investors are heterogeneous, and their perceptions vary with motivation and size. Multinational corporations that are involved in efficiency-seeking investment are more selective than investors motivated by other considerations, and that relatively smaller multinational corporations are more sensitive to host country characteristics and investment climate factors than large firms.
format Working Paper
author Kusek, Peter
Silva, Andrea
author_facet Kusek, Peter
Silva, Andrea
author_sort Kusek, Peter
title What Investors Want : Perceptions and Experiences of Multinational Corporations in Developing Countries
title_short What Investors Want : Perceptions and Experiences of Multinational Corporations in Developing Countries
title_full What Investors Want : Perceptions and Experiences of Multinational Corporations in Developing Countries
title_fullStr What Investors Want : Perceptions and Experiences of Multinational Corporations in Developing Countries
title_full_unstemmed What Investors Want : Perceptions and Experiences of Multinational Corporations in Developing Countries
title_sort what investors want : perceptions and experiences of multinational corporations in developing countries
publisher World Bank, Washington, DC
publishDate 2018
url http://documents.worldbank.org/curated/en/168711522241146651/What-investors-want-perceptions-and-experiences-of-multinational-corporations-in-developing-countries
http://hdl.handle.net/10986/29566
_version_ 1764469733176901632

Similar Items