Abstract: This paper, from a perspective of micro-production organization control, investigates the organizational control mechanism of the enterprise’s power behavior on OFDI, and makes a comparative study by using the overseas investment cases of energy resources enterprises from 2003 to 2012. The result shows that organization control or coordination authority of the foreign investment enterprises comes from the specific resources and the organization mechanism or capacity of the enterprise. However, enterprises in the six regions mainly adopt equity mergers and acquisitions and strategic alliance rather than the method of green field investment. Which indicates that Chinese enterprises have few advantages on ownership of enterprises, and are in favor of sole proprietorship, which pay too much attention to gain absolute right of control rather than residual control right. This is one of the most important reasons for the higher failure rate of the investment in Oceania and North America. To invest in overseas energy resources, enterprise’s own ability and international voice are more important than the enterprise equity control. The results show that China should contribute to the advantages on enterprise ownership and construct the mechanism and ability of international production organization control
Keywords: Energy Resources Industry，Foreign Investment Patterns，Organizational Control，Overseas M&A
source:Finance & Trade Economics ,No10,2013