Rewriting the Rules: How SOMNCs Challenge the Limits of Economic Motives within FDI
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2025-07-02
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en
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Traditional FDI frameworks neglect state-owned multinational corporations' (SOMNCs) political objectives, relying on economic and firm-centric assumptions. Using qualitative multiple case study content analysis of six cases, this research applies a dual-coding framework to identify economic and political motives. Critically, all four political motives, market-, resource-, efficiency-, and strategic asset-seeking, are empirically confirmed, alongside three economic motives. Cases reveal distinct patterns: KfW pursued purely political goals, Orange prioritized economic returns, and CRCC combined both agendas. The consistent presence of political motives necessitates integrating political perspectives into business assessments for actors operating in political-economic arenas. This new framework offers scholars a foundation for integrated analysis and equips stakeholders with tools to strategize around SOMNCs.
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Faculteit der Managementwetenschappen