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Titolo:
Determinants of the performance of foreign invested enterprises in China
Autore:
Cheng, LK; Wu, CQ;
Indirizzi:
Hong Kong Univ Sci & Technol, Kowloon, Hong Kong, Peoples R China Hong Kong Univ Sci & Technol Kowloon Hong Kong Peoples R China s R China
Titolo Testata:
JOURNAL OF COMPARATIVE ECONOMICS
fascicolo: 2, volume: 29, anno: 2001,
pagine: 347 - 365
SICI:
0147-5967(200106)29:2<347:DOTPOF>2.0.ZU;2-1
Fonte:
ISI
Lingua:
ENG
Soggetto:
JOINT VENTURES; OWNERSHIP STRUCTURES; PROPERTY-RIGHTS; ENTRY; PROFITABILITY; SURVIVAL; FIRMS; MODE;
Tipo documento:
Article
Natura:
Periodico
Settore Disciplinare:
Social & Behavioral Sciences
Citazioni:
35
Recensione:
Indirizzi per estratti:
Indirizzo: Cheng, LK Hong Kong Univ Sci & Technol, Clear Water Bay, Kowloon, Hong Kong, PeoplesR China Hong Kong Univ Sci & Technol Clear Water Bay Kowloon HongKong Peoples R China
Citazione:
L.K. Cheng e C.Q. Wu, "Determinants of the performance of foreign invested enterprises in China", J COMP ECON, 29(2), 2001, pp. 347-365

Abstract

In this paper, we attempt to uncover the key determinants of the performance of foreign invested enterprises (FIEs) in China. The results reveal thatcash contributed by foreign parent companies had a significantly positive impact on current profitability, but not on subjective performance. There was some evidence that foreign management improved subjective performance. The duration of operation was a consistently positive factor in the success of the FIEs in both profitability and subjective performance. FIEs that sold more output to the domestic market performed better, and so did FIEs in industries consistent with China's comparative advantages. Unexpectedly, FIEs owned by Hong Kong investors did not perform any better than FIEs owned by other foreign investors and FIEs located in Special Economic Zones (SEZs)performed worse than those located outside of SEZs. (C) 2001 Academic Press.

ASDD Area Sistemi Dipartimentali e Documentali, Università di Bologna, Catalogo delle riviste ed altri periodici
Documento generato il 14/07/20 alle ore 06:02:45