Date of Award:

12-2011

Document Type:

Thesis

Degree Name:

Master of Science (MS)

Department:

Applied Economics

Committee Chair(s)

DeeVon Bailey

Committee

DeeVon Bailey

Committee

Ruby Ward

Committee

Dillon Feuz

Committee

Alan Stephens

Abstract

This study examines why foreign investors choose to invest in companies in Armenia and is specifically attempting to understand how to attract more investment into the fruit and vegetable companies of Armenia. Investment by foreigners in domestic companies is referred to as foreign direct investment of FDI. The research was completed by gathering information from foreign firms that are already investing in companies in Armenia. This was done by conducting a face-to-face questionnaire with business managers of these companies in Yerevan, Armenia during August and December of 2010. The information gathered from these interviews was used in a statistical analysis to determine if specific characteristics about the foreign investors and their companies in Armenia contributed to whether or not they planned to expand their investments in Armenia during the next few years. The findings suggest that economic stability and the ability to insure against business risks would encourage FDI. Also, past profitability was dependent on the firm’s satisfaction with the regional market around Armenia.

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Comments

Publication made available electronically December 21, 2011.

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