중국진출 수산기업의 후속투자 결정요인에 관한 연구

Abstract

In 1970, direct overseas investment in Korean fisheries started to sell the frozen marine products to Singapore with establishing local subsidiary. And this direct overseas investment has increased, due to the proclamation of the 200 miles Exclusive Economic Zones(EEZ) by neighboring countries. Direct overseas investment is unavoidable policy in korea to acquire fisheries resources. In the future, it will develop various kinds of direct overseas investment. Direct overseas investment in China has carried out since Korea and China established diplomat relationship in 1992. The former day, the Korea invested indirectly in China via Hong Kong. It has reported that 253 local subsidiaries applied to China government permit at the end of 2004. Under the these background, we are going to study about Korea fishery companies which established local subsidiary in China. The study will be aimed at estimating the alternative possibility strategy, management rule of Korean fishery company extending its business to China by looking into the factor of business, the factor of cost, the market risk, and the factor of infrastructure. The results will make a decision on whether to invest continuously The results of actual proof analysis has announced that a successful investment of fishery company is mainly influenced in its own government policy. Many advantages of tax and administration for foreign company in China have been changed and vanished comparing to the beginning time of entering china. So. it is imperative for Korean government to take measures to changing policy of Chinese government. The early days, investment of fishery company is type of resources and abundant resources will affect succeeding investment. Nowadays, the type of the investment is the production oriented investment. And then many direct investment linked the production oriented investment have been conducted in many area in China. So. the production oriented investment will affect logistics and successful investment in China. And, The factor of Market potential in Market Factors in the middle of changing market oriented investment will conclude whether to invest. As the china exchange system changed from the fixed exchange system to the fluctuating exchange system. Risk of exchange rate will affect corporate's parent business. The local risk (regulation of import and export , remittance) will affect succeeding investment of corporate's parent Consequently, The Sequential FDI of korean fishery company in china is influenced by the government policy , labor cost, logistics cost, market potential cost, local subsidiary, achievement, local risk and exchange rate risk