Determinants of Foreign Acquisitions: the Case of Indian Steel Sector

Suneeta Sathye

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Abstract

This study analyses the determinants for foreign direct investment outflows from the Indian steel manufacturing companies, using the theoretical framework of eclectic paradigm as developed by Dunning. The results suggest that asset-seeking is the dominant motive for Indian steel companies for making foreign investments, followed by resource-seeking. The government policy does not play any prominent role, at least for the steel sector.
Original languageEnglish
Pages (from-to)111-115
Number of pages5
JournalInternational Journal of Business Strategy
Volume9
Issue number1
Publication statusPublished - 2009

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