Chang Hoon Oh, Jennifer Oetzel, Jorge Rivera, Donald Lien
The purpose of this study is to examine how foreign firms consider natural disaster risk in subsequent investment decisions in a host country and whether different location portfolios can serve to mitigate investment risk.
The author sample includes data on 437 Fortune Global 500 firms and their initial entry into Chinese provinces between 1955 and 2008.
Using a fixed effects logit model of discrete time event history analysis, results show that geographic prox…
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