Beijing or Shanghai? The strategic location choice of large MNEs' host-country headquarters in China

• 成果类型: Article
• 署名作者: Ma, Xufei; Delios, Andrew; Lau, Chung-Ming
• 署名单位: Chinese University of Hong Kong; National University of Singapore
• 刊物名称: JOURNAL OF INTERNATIONAL BUSINESS STUDIES
• ISSN/ISSBN: 0047-2506
• DOI: 10.1057/jibs.2013.49
• 发表日期: 2013
• 页码: 953-961
• 关键词: location strategy; multinational corporations (MNCs) and enterprises (MNEs); host-country headquarters; institutions; emerging markets/countries/economies

摘要

We argue that a multinational enterprise's (MNE's) location choice for its host-country headquarters (HCHQ) in the geographic space of the host country is determined by the interplay between the strategic roles of HCHQ in the organizational space of the MNE and the institutional space external and internal to the MNE. We focus on the location choice between Beijing and Shanghai. We test our arguments using data for a sample of Fortune Global 500 corporations in China (1979-2005). This study contributes to international business (IB) research by reinvigorating research on HCHQ. We also complement economic geography research on subnational agglomeration by using an IB perspective with a focus on the institutional idiosyncrasies of cities.