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本文将企业所处的宏观背景与制度环境整合,重新审视中国企业在面临政府干预的情况下如何利用母国制度优势去做出国际化战略决策。与传统思路分别分析政府干预和企业外部制度因素对企业对外直接投资的影响不同,本文基于新制度经济学理论,考虑中国区域层面制度演化的异质性,将制度的地理纬度差异纳入分析框架,研究不同地区之间制度环境的不平衡发展对政府干预与国际化关系的调节作用,发现制度环境的改善会削弱政府干预对企业对外直接投资的负面影响,同时,这种调节作用的强度对于不同类型的企业、不同地区和不同行业均有所不同。
This article integrates the macroscopical background and institutional environment in which enterprises are located and reexamines how Chinese enterprises make use of the advantages of home country system to make international strategic decisions in the face of government intervention. Different from the traditional ideas of analyzing the influence of government intervention and external system on FDI, this paper, based on the new institutional economics theory, considering the heterogeneity of institutional evolution at the regional level in China, puts the difference of geographical latitude into the analysis framework, To study the regulatory role of imbalanced development of institutional environment in different regions on the relationship between government intervention and internationalization and to find that the improvement of institutional environment will weaken the negative impact of government intervention on OFDI and meanwhile, The type of business, different regions and different industries are different.