Pot the ball? Sovereign wealth funds’ outward FDI in times of global financial market turbulence: A yield institutions-based view

K. S. REEDY (Xi an Polytechnic University, School of Management, China)
Central Bank Review
2 0
Yıl: 2019 Cilt: 19 Sayı: 4 Sayfa Aralığı: 129 - 139 Metin Dili: İngilizce DOI: 10.1016/j.cbrev.2019.08.003 İndeks Tarihi: 01-09-2020

Pot the ball? Sovereign wealth funds’ outward FDI in times of global financial market turbulence: A yield institutions-based view

Öz:
Noticing the visible hand of state capitalism in global production and value chain system, this studyexamines the outward foreign direct investment strategy of sovereign wealth funds (SWFs). Leveragingtheoretical insights from the conventional political economy and international business literature, thestudy first conceptualizes a yield institutions-based viewdmarketization to sustainable competitiveadvantagedto gain a better understanding of the main purposes and economic and institutional determinants of SWFs. Efforts have been made to deepen the institutions-based perspective of globalstrategy and introduce it into, establish its relevance to SWFs research. Second, the study presents SWFs'outward FDI patterns and acquisition deals in times of global financial market turbulence. Findingssuggest that SWFs’ outward FDI choices are primarily determined by institutional transitions, marketdevelopment and government legitimacy in the home country, thus to invest globally, earn highereconomic returns, and secure resources. These choices are firmly motivated toward advanced financialmarkets, and real estate and infrastructure sectors. Third and last, the study discusses several importantimplications for state capitalism, policymakers, and sustainable development.
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Belge Türü: Makale Makale Türü: Araştırma Makalesi Erişim Türü: Erişime Açık
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APA REEDY K (2019). Pot the ball? Sovereign wealth funds’ outward FDI in times of global financial market turbulence: A yield institutions-based view. , 129 - 139. 10.1016/j.cbrev.2019.08.003
Chicago REEDY K. S. Pot the ball? Sovereign wealth funds’ outward FDI in times of global financial market turbulence: A yield institutions-based view. (2019): 129 - 139. 10.1016/j.cbrev.2019.08.003
MLA REEDY K. S. Pot the ball? Sovereign wealth funds’ outward FDI in times of global financial market turbulence: A yield institutions-based view. , 2019, ss.129 - 139. 10.1016/j.cbrev.2019.08.003
AMA REEDY K Pot the ball? Sovereign wealth funds’ outward FDI in times of global financial market turbulence: A yield institutions-based view. . 2019; 129 - 139. 10.1016/j.cbrev.2019.08.003
Vancouver REEDY K Pot the ball? Sovereign wealth funds’ outward FDI in times of global financial market turbulence: A yield institutions-based view. . 2019; 129 - 139. 10.1016/j.cbrev.2019.08.003
IEEE REEDY K "Pot the ball? Sovereign wealth funds’ outward FDI in times of global financial market turbulence: A yield institutions-based view." , ss.129 - 139, 2019. 10.1016/j.cbrev.2019.08.003
ISNAD REEDY, K. S.. "Pot the ball? Sovereign wealth funds’ outward FDI in times of global financial market turbulence: A yield institutions-based view". (2019), 129-139. https://doi.org/10.1016/j.cbrev.2019.08.003
APA REEDY K (2019). Pot the ball? Sovereign wealth funds’ outward FDI in times of global financial market turbulence: A yield institutions-based view. Central Bank Review, 19(4), 129 - 139. 10.1016/j.cbrev.2019.08.003
Chicago REEDY K. S. Pot the ball? Sovereign wealth funds’ outward FDI in times of global financial market turbulence: A yield institutions-based view. Central Bank Review 19, no.4 (2019): 129 - 139. 10.1016/j.cbrev.2019.08.003
MLA REEDY K. S. Pot the ball? Sovereign wealth funds’ outward FDI in times of global financial market turbulence: A yield institutions-based view. Central Bank Review, vol.19, no.4, 2019, ss.129 - 139. 10.1016/j.cbrev.2019.08.003
AMA REEDY K Pot the ball? Sovereign wealth funds’ outward FDI in times of global financial market turbulence: A yield institutions-based view. Central Bank Review. 2019; 19(4): 129 - 139. 10.1016/j.cbrev.2019.08.003
Vancouver REEDY K Pot the ball? Sovereign wealth funds’ outward FDI in times of global financial market turbulence: A yield institutions-based view. Central Bank Review. 2019; 19(4): 129 - 139. 10.1016/j.cbrev.2019.08.003
IEEE REEDY K "Pot the ball? Sovereign wealth funds’ outward FDI in times of global financial market turbulence: A yield institutions-based view." Central Bank Review, 19, ss.129 - 139, 2019. 10.1016/j.cbrev.2019.08.003
ISNAD REEDY, K. S.. "Pot the ball? Sovereign wealth funds’ outward FDI in times of global financial market turbulence: A yield institutions-based view". Central Bank Review 19/4 (2019), 129-139. https://doi.org/10.1016/j.cbrev.2019.08.003
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24-04-2024 17:1

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