아태비즈니스연구 (Asia-Pacific Journal of Business)

  • 제9권1호
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  • Pages.107-121
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  • 2018
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  • 2233-5900(pISSN)
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  • 2384-3934(eISSN)
강원대학교 경영경제연구소 (KNU The Institute of Management & Economy Research)
권호 표지

진출국 제도와 해외직접투자 선택에 관한 연구

A Study of Institutional Theory and Korean FDI

  • 이응석 (신라대학교 국제통상학부)
  • Lee, Eungo-Sok (Department of International Trade, Silla University)
  • 투고 : 2018.02.28
  • 심사 : 2018.03.28
  • 발행 : 2018.03.30
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초록

The purpose of this paper is to explore the determining factors of foreign direct investment(FDI) of Korea by using institutioanl theory. In addition, this study divides institutional facts into the formal and the informal institutions. The empirical test implements multiful regression analysis focuing on korean electronics and automotive industry. The dependent variables are FDI outflow and the independent ones are corruption, econimic freedom, political risk, human development, and culturan distance. According to the empirical results, corruptin and human development have positive effects on Korean FDI outflow. On the other hand, political risks and economic freedom have negative effects on Korean FDI outflow. This results indicate the importance of forman and informal institutional facotrs as determinants of Korean FDI outflow.

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