收藏切换
The Host Country's Public Opinion Environment and Overseas Entry Mode Choice: A Quantitative Examination Based on Massive Media Data
收藏切换
PDF
Qiankun Jiang, Chengzhe Wang
Journal of Technology Economics | 2024, 43(4) : 38 - 50
Less
收藏切换
Journal of Technology Economics | 2024, 43(4): 38-50
Macro Technology Economics
The Host Country's Public Opinion Environment and Overseas Entry Mode Choice: A Quantitative Examination Based on Massive Media Data
Full
Qiankun Jiang, Chengzhe Wang
Affiliations
  • School of Economics and Management Zhejiang Sci-Tech University Hangzhou 310018 China
Published: 2024-04-10 doi: 10.12404/j.issn.1002-980X.J23102405
Outline
收藏切换

In the context of increasing deglobalization trends, the evolving and intricate host country media landscape presents formidable challenges to the internationalization process of China. The crucial decisions regarding how this environment affects the entry strategies of multinational enterprises into international markets lack systematic empirical validation. Leveraging sentiment analysis technology and web crawling techniques, conducting textual analysis on over 8.3million discourse items related to China from the period 2015 to 2022, constructing a China-related public sentiment index and systematically examined the impact of the host country media environment on the entry mode selection of Chinese enterprises operating abroad. The research findings reveal that as the host country media environment deteriorates, Chinese enterprises are more inclined to opt for joint venture models over wholly-owned subsidiaries when entering international markets. Furthermore, compared to cross-border mergers and acquisitions, Chinese enterprises exhibit a stronger inclination toward greenfield investments as their entry strategy. The ownership structure of multinational enterprises and their internationalization experience exert a positive moderating effect on these relationships. In terms of the underlying mechanisms, the host country media environment influences the choice of investment mode by affecting the regulatory, normative, and cognitive legitimacy of enterprises. The conclusions provide valuable recommendations for multinational enterprises to appropriately select their entry modes into international markets, actively mitigate or reduce reputational risks, and enhance their investment and operational strategies in host countries.

public opinion environment  /  entry mode  /  legitimacy  /  ownership structure  /  internationalization experience  /  GDELT
Qiankun Jiang, Chengzhe Wang. The Host Country's Public Opinion Environment and Overseas Entry Mode Choice: A Quantitative Examination Based on Massive Media Data[J]. Journal of Technology Economics, 2024 , 43 (4) : 38 -50 . DOI: 10.12404/j.issn.1002-980X.J23102405
Year 2024 volume 43 Issue 4
PDF
250
115
Cite this Article
BibTeX
Article Info
doi: 10.12404/j.issn.1002-980X.J23102405
  • Receive Date:2023-10-24
  • Online Date:2025-07-29
  • Published:2024-04-10
Article Data
Affiliations
History
  • Received:2023-10-24
Funding
Affiliations
    School of Economics and Management Zhejiang Sci-Tech University Hangzhou 310018 China
References
Share
https://castjournals.cast.org.cn/joweb/jsyjj/EN/10.12404/j.issn.1002-980X.J23102405
Share to
QR

Scan QR to access full text

Cite this article
BibTeX
Citations
表12种不同金属材料的力学参数

Family
属数
Number of
genus
种数
Number of
species
占总种数比例
Percentage of
total species (%)

Genus
种数
Number of
species
占总种数比例
Percentage of total
species (%)
鹅膏菌科Amanitaceae 2 11 5.26 鹅膏菌属 Amanita 10 4.78
小菇科 Mycenaceae 2 12 5.74 丝盖伞属 Inocybe 5 2.39
多孔菌科 Polyporaceae 8 14 6.70 蜡蘑属 Laccaria 5 2.39
红菇科 Russulaceae 3 23 11.00 小皮伞属 Marasmius 6 2.87
小菇属 Mycena 11 5.26
光柄菇属 Pluteus 5 2.39
红菇属 Russula 17 8.13
栓菌属 Trametes 5 2.39
关闭全屏
  • BibTeX
  • EndNote
  • RefWorks
  • TxT