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Foreign direct investment projects of Korean companies

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  • Foreign direct investment projects of Korean companies
  • Choi, Yeana; Yüce, Ayşe
  • Boston University


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Title Foreign direct investment projects of Korean companies
Similar Titles
Material Type Articles
Author(English)

Choi, Yeana; Yüce, Ayşe

Publisher

[Boston, U.S.]:Boston University

Date 2016-01
Journal Title; Vol./Issue The Journal of Asian Finance, Economics and Business:vol. 3(no. 1)
Pages 10
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic Administration
Economy < Direct Investment
Holding Boston University

Abstract

This paper investigates announcement effects of the outward foreign direct investment (FDI) projects of the Korean multinational companies. Although the FDI is considered corporate activity that can provide various benefits beyond financial resources, the most previous research focused on macro analysis such as country-level and industry-level analysis instead of the firm-level study, which is required to decide the investment project from a management perspective. Thus, this study examines the relationship between the outward FDI activities of the Korean corporations and their financial performance to fill the gap in this area.