Are more exports better for a firm's performance? The moderating effect of FDI

被引:1
|
作者
Chiao, Yu-Ching [1 ]
Li, Peng-Yu [2 ]
机构
[1] Natl Chung Hsing Univ, Dept Business Adm, Taichung 402, Taiwan
[2] Fu Jen Catholic Univ, Dept Int Trade & Finance, Taipei 24205, Taiwan
关键词
export; foreign direct investment; internationalisation; firm performance; RESOURCE-BASED APPROACH; INTERNATIONAL DIVERSIFICATION; PRODUCT; DIVERSITY; STRATEGY; GROWTH; ENTRY; MULTINATIONALITY; PROFITABILITY; INVESTMENT;
D O I
10.1504/EJIM.2009.026993
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
This study extends the research on the relationship between exporting and firm performance into the context of Newly Industrialised Economies (NIEs). The study's examination of 577 Taiwanese manufacturers shows that the relationship between export-based internationalisation and performance may be characterised by an inverted U-shaped curve. Furthermore, firms' engagement in foreign direct investment-based internationalisation appears to have a negative moderating effect on the relationship between exporting and firm profitability.
引用
收藏
页码:286 / 301
页数:16
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