Expanding to outward foreign direct investment or not? A multi-dimensional analysis of entry mode transformation of Chinese private exporting firms

This research examines the factors determining whether or not exporting firms expand to outward foreign direct investment (OFDI) as part of their internationalisation strategy, using a recent survey of Chinese private-owned enterprises. We carry out a multi-dimensional analysis to investigate the impact of firm productivity, internal resources and the external environment on OFDI decisions, including both the decision to undertake OFDI and the volume of OFDI flows. It is found that productivity, technology-based capability, export experience, industry entry barriers, subnational institutions and intermediary institutional support affect firms’ OFDI decisions. The findings have important policy and managerial implications

Toward a unified interpretation of quark and lepton mixing from flavor and CP symmetries

We discussed the scenario that a discrete flavor group combined with CP symmetry is broken to $Z_2\times CP$ in both neutrino and charged lepton sectors. All lepton mixing angles and CP violation phases are predicted to depend on two free parameters $\theta_{l}$ and $\theta_{\nu}$ varying in the range of $[0, \pi)$. As an example, we comprehensively study the lepton mixing patterns which can be derived from the flavor group $\Delta(6n^2)$ and CP symmetry. Three kinds of phenomenologically viable lepton mixing matrices are obtained up to row and column permutations. We further extend this approach to the quark sector. The precisely measured quark mixing angles and CP invariant can be accommodated for certain values of the free parameters $\theta_{u}$ and $\theta_{d}$. A simultaneous description of quark and lepton flavor mixing structures can be achieved from a common flavor group $\Delta(6n^2)$ and CP, and accordingly the smallest value of the group index $n$ is $n=7$.Comment: 40 pages, 8 figure