Purpose

The purpose of this qualitative paper is to identify and amplify the voice of those experts who advise practitioners faced with foreign market entry decisions. This paper reports the importance that experts place on the rule of law, a positive ethical climate in host nations and the experts’ knowledge of investment financial performance after five years of the initial foreign market entry.

Design/methodology/approach

The sample included 12 experienced expert professional interviewees who spent careers with publicly held multinational corporations, attorneys who advised multinational corporation officers, arbitrators with significant international dispute resolution experience, corporate ethics compliance experts, small global entrepreneurial business owners and an academic specializing in international commercial law and dispute resolution.

Findings

The rule of law and ethical climate significantly influence private market entry mode, dispute resolution choices and the likelihood of financial success. Finally, the findings illuminate the importance of the rule of law and a positive ethical climate in private foreign market entry decisions and their managerial and policy implications.

Originality/value

This study lays the foundation for the development of propositions to understand better the significant role of the rule of law in the private foreign investment decision-making process and the financial performance of the foreign investment.

中文翻译：

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法治与国外市场准入模式：几位专家的探索性访谈

目的

这篇定性论文的目的是确定和扩大那些为面临外国市场进入决策的从业者提供建议的专家的声音。本文报告了专家对法治、东道国积极的道德氛围以及专家在初次进入外国市场五年后对投资财务绩效的了解的重视。

设计/方法/方法

样本包括 12 位曾在上市跨国公司工作的经验丰富的专家专业受访者、为跨国公司高管提供咨询的律师、具有重要国际争议解决经验的仲裁员、企业道德合规专家、小型全球创业企业主和一位专门研究国际商法的学者和争议解决。

发现

法治和道德氛围显着影响私人市场进入模式、争议解决选择和财务成功的可能性。最后，研究结果阐明了法治和积极的道德氛围在私人外国市场进入决策及其管理和政策影响中的重要性。

原创性/价值

本研究为更好地理解法治在私人外商投资决策过程和外商投资财务绩效中的重要作用奠定了基础。