franchising in the philippines

• What They Learned From the Crash: A Comparison of Korean Firms' Fdi Before and After the 1997 Financial Crisis

This study examines the effect of the 1997 Asian financial crisis on the foreign direct investment (FDI) activities of Korean firms. It identifies differences in their behavior before and after the crisis and examines the determinants of their FDI in terms of location factors, ownership factors, and strategic factors. The study reveals a drop after the crisis in oligopolistic reactions among chaebols (Korean business conglomerates). It shows that both before and after the crisis, a firm's international experience was a major determinant of Korean FDI, as were the market size and political risk that a potential host country presented. The result for tariff system also indicates that the role of tariff shifted after the crisis.

... - Thailand, Malaysia, Indonesia, the Philippines, and Korea. All had become progressively more depe...through licensing or franchising), but the efficiency of this solution depends on t...

• Management International Review
• Band 46 Nr. 1, Januar 2006