Industry globalization and the performance of emerging market firms: Evidence from China

被引：21
|
作者：
Pangarkar, Nitin [1 ]
Wu, Jie [2 ]
机构：
[1] Natl Univ Singapore, NUS Business Sch, Singapore 117592, Singapore
[2] Univ Macau, Fac Business Adm, Taipa, Macau, Peoples R China
来源：
INTERNATIONAL BUSINESS REVIEW | 2012年 / 21卷 / 02期
关键词：
Emerging market firms; Export intensity; Industry globalization; Import intensity; Organizational slack; Performance; RESEARCH-AND-DEVELOPMENT; RESOURCE-BASED VIEW; COMPETITIVE INFLUENCES; STRATEGIES; SPILLOVERS; EFFICIENCY; CORPORATE; IMPACT; DIVERSIFICATION; DETERMINANTS;
D O I：
10.1016/j.ibusrev.2011.01.009
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
In this study, we explore the extent to which industry globalization affects the performance of firms in China, an emerging market. We focus on the period between 1996 and 2001 and track the globalization levels for six different Chinese industries as well as the performance of 166 public listed firms in these industries. The results validate our major premise: high levels of industry globalization positively impact the performance of Chinese firms. We also find that when their industries globalize, firms with slack resources experience greater performance improvement than other firms without these resources. (C) 2011 Elsevier Ltd. All rights reserved.
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页码：196 / 209
页数：14
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