Demand for internationally comparable accounting information has increased significantly in recent years due to rapid growth in cross-border investment. One reflection of this trend is the widespread adoption of International Financial Reporting Standards (IFRS), a set of accounting rules designed to improve financial reporting quality, including comparability. In this thesis, I empirically test whether IFRS adoption improves cross-border information comparability and whether the improvement in the information comparability, if any, facilitates international investment such as mergers and acquisitions (M&As). / In the first part of the thesis, I use data from 17 European countries that adopted IFRS in 2005 to investigate the effect of IFRS adoption on information comparability. I employ three proxies---the similarity of accounting functions, the degree of cross-border intra-industry information transfer, and the similarity of the information content of earnings and book value---to measure cross-border information comparability. I find that all three measures of information comparability indicate significantly better comparability in the post-IFRS period than in the pre-IFRS period. I also find that the improvement in comparability resulting from IFRS adoption is more evident among countries with similar institutional environments than among those with different institutional environments. / In the second part of the thesis, I examine whether the adoption of IFRS would encourage cross-border M&As. Using data from firms in 17 European countries with mandatory IFRS adoption in 2005, I calculate the frequency that a firm acquires/ merges with a foreign firm, the number of foreign bidders involved in an M&A deal, and the synergistic gains of cross-border M&As. I find that all three measures increase significantly after the mandatory IFRS adoption. These results suggest that IFRS adoption facilitates and create more value for cross-border M&As. / Yip, Wing Yue. / Adviser: Danqing Young. / Source: Dissertation Abstracts International, Volume: 73-03, Section: A, page: . / Thesis (Ph.D.)--Chinese University of Hong Kong, 2010. / Includes bibliographical references (leaves 80-85). / Electronic reproduction. Hong Kong : Chinese University of Hong Kong, [2012] System requirements: Adobe Acrobat Reader. Available via World Wide Web. / Electronic reproduction. [Ann Arbor, MI] : ProQuest Information and Learning, [201-] System requirements: Adobe Acrobat Reader. Available via World Wide Web. / Abstract also in Chinese.

by Wang Li Hua. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1996. / Includes bibliographical references (leaves 45-51). / ABSTRACT --- p.ii / TABLE OF CONTENTS --- p.iii / LIST OF FIGURES --- p.iv / LIST OF TABLES --- p.v / ACKNOWLEDGMENT --- p.vi / Chapter / Chapter I. --- INTRODUCTION --- p.1 / Chapter II. --- DYNAMICS OF TRUST --- p.5 / Transaction Cost Economics (TCE) and Criticism --- p.6 / The Importance of Trust --- p.8 / The Concept of Trust --- p.8 / Definition --- p.9 / Components of Trust --- p.10 / "Related Concepts: Reciprocity, Opportunism and Forbearance" --- p.13 / Measurement of Trustworthiness of a partner and Trust Level of Partner Relationship --- p.17 / Measurement of trustworthiness of a partner --- p.17 / Measurement of Trust Level of Partner Relationship --- p.19 / "Trust Level Measurement and Control, Conflict, Instability and Cultural Difference" --- p.24 / The Relationship Between Trust and Performance and the Measurement of Performance --- p.27 / Chapter III. --- PROPOSED METHODOLOGY --- p.30 / Research Questions --- p.31 / Propositions --- p.32 / Data Collection --- p.34 / Stages for Case Study and survey --- p.34 / Theory Building and Practical Implications --- p.36 / Chapter VI. --- CONCLUSIVE REMARKS --- p.39 / APPENDIX --- p.40 / BIBLIOGRAPHY --- p.45

Kwan Yee-fai. / Abstract also in Chinese. / Thesis (MBA)--Chinese University of Hong Kong. / Bibliography: leaves 42-43.

Ma Ping. / Abstract in English and Chinese. / Thesis (MBA)--Chinese University of Hongkong. / Bibliography: leaf 81. / ABSTRACT --- p.iii / TABLE OF CONTENTS --- p.iii / LIST OF EXHIBITS --- p.v / Chapter Chapter I --- INTRODUCTION --- p.1 / Definition of a MNC --- p.1 / Application of Information Flows in a MNC --- p.2 / Management of Human Resources through use of Information Flows System --- p.4 / Chapter Chapter II --- THE COMPANY IPC --- p.8 / Worldwide Operations --- p.9 / Subsidiaries --- p.9 / Groups --- p.10 / Line of Business --- p.13 / General Company Policy --- p.15 / Management of Human Resources in IPC --- p.16 / Chapter Chapter III --- PRESENT OPERATING SYSTEM --- p.18 / The SEAR of IPC Operations --- p.18 / Management of Human Resources in SEAR --- p.19 / The Manual System --- p.22 / The Problems --- p.25 / Chapter Chapter IV --- THE CONCEPTUAL DESIGN --- p.26 / Manpower Planning --- p.26 / Control Objective --- p.28 / System Requirements --- p.30 / Timeliness --- p.31 / Flexibility --- p.33 / System Specifications --- p.34 / Convenient to Use --- p.34 / Flexibility --- p.34 / Timeliness --- p.35 / Identification of Relevant Items --- p.35 / Input --- p.37 / Report --- p.40 / Justification for Automation --- p.41 / Result of Implementation --- p.45 / APPENDIX --- p.46 / BIBLIOGRAPHY --- p.81

by Ng Ka-Hing. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1996. / Includes bibliographical references (leaves 37-40). / ABSTRACT --- p.iii / TABLE OF CONTENTS --- p.iv / CHAPTER / Chapter I. --- INTRODUCTION --- p.1 / Chapter II. --- REVIEW OF LITERATURE --- p.3 / Chapter III. --- METHODOLOGY - THE PARTNER SELECTION MODEL & CRITERIA --- p.9 / Chapter IV. --- THE HONG KONG ELECTRIC UTILITY -THE CASE STUDY --- p.13 / Chapter V. --- THE EMPIRICAL EVIDENCE SHOWN BY THE CASE STUDY… --- p.19 / Chapter VI. --- DISCUSSIONS & CONCLUSIONS --- p.34 / BIBLIOGRAPHY --- p.37

Typescript (photocopy). / Digitized by Kansas Correctional Industries / Department: Sociology.

For several decades, the explanation of the existence of the Multinational Corporation (MNC) has been monopolized by transaction cost theory. The dominance of transaction cost theory in explaining the propensity of internalization was unchallenged until Kogut and Zander (1993) proposed that the superior efficiency of internalization could be explained by the nature of knowledge. Kogut and Zander claimed that the superior efficiency of knowledge transfer within the firm compared to between firms can sufficiently explain the propensity of internalization, and that market failure was not a necessary condition for internalization. Although their study is of considerably significant---they pointed out a new direction for considering the existence of MNC, the argument that market failure was not a necessary condition to internalization is logically and conceptually incorrect, and their empirical examination did not correctly support their argument. / It was found that the tacitness of knowledge is positively related to the propensity of internalization, transferability cost, and transaction cost. The positive correlations between transferability cost and the propensity of internalization, and between the transaction cost and the propensity of internalization were found. Accordingly, both transferability cost and transaction cost are mediators between the tacitness of knowledge and the propensity of internalization, and transferability cost can independently explain the superior efficiency of internalization. / The current study challenges the transaction cost theory explanation of internalization advantage by developing the construct of transferability cost, which is conceptually and empirically different from transaction cost. Transferability cost results from the dissemination and assimilation of knowledge, but transaction cost is a consequence of opportunism. The quantity of transferability cost is determined by the transferee's absorptive capability, the transferor's experience on knowledge transfer, the similarity between the transferred knowledge and the transferee's prior knowledge, and the nature of the transferred knowledge. However, transferability cost is determined by asset specificity, asymmetric information distribution, human self-interest nature, and the nature of transferred knowledge. / The identification of transferability cost provides us a convincing theoretical base to reconsider internalization theory. It is also helpful for managers to rationalize their decisions on several issues. / Cao Shengrong. / "April 2000." / Adviser: Kent Neupert. / Source: Dissertation Abstracts International, Volume: 61-08, Section: A, page: 3238. / Thesis (Ph.D.)--Chinese University of Hong Kong, 2000. / Includes bibliographical references (p. 178-194). / Electronic reproduction. Hong Kong : Chinese University of Hong Kong, [2012] System requirements: Adobe Acrobat Reader. Available via World Wide Web. / Electronic reproduction. Ann Arbor, MI : ProQuest dissertations and theses, [200-] System requirements: Adobe Acrobat Reader. Available via World Wide Web. / Abstracts in English and Chinese. / School code: 1307.

Guo Lulu. / Thesis (M.Phil.)--Chinese University of Hong Kong, 2004. / Includes bibliographical references (leaves 49-52). / Abstracts in English and Chinese. / ABSTRACT --- p.i / 论文摘要 --- p.ii / ACKNOWLEDGEMENTS --- p.iii / TABLE OF CONTENTS --- p.iv / LIST OF FIGURE AND TABLES --- p.v / Chapter Chapter 1 --- Introduction --- p.1 / Chapter Chapter 2 --- Highlight on IT Industry --- p.5 / Chapter Chapter 3 --- Literature Review --- p.9 / Chapter 3.1 --- Bartlett and Ghoshal's Business Strategy Typology --- p.9 / Chapter 3.2 --- Global Integration-Local Responsiveness (I-R) Paradigm --- p.12 / Chapter Chapter 4 --- Conceptual Framework and Hypotheses --- p.13 / Chapter 4.1 --- Parent-subsidary Relationship --- p.13 / Chapter 4.2 --- Motivations of Overseas Investments --- p.15 / Chapter 4.3 --- Local Challenges --- p.20 / Chapter 4.3.1 --- Cultural Differences --- p.20 / Chapter 4.3.2 --- Human Resource Management (HRM) Difficulties --- p.22 / Chapter 4.3.3 --- Local Resource Support Deficiency --- p.23 / Chapter Chapter 5 --- Research Methodology --- p.25 / Chapter 5.1 --- Sample and Data Collection --- p.25 / Chapter 5.2 --- Variables --- p.25 / Chapter 5.3 --- Data Analyses --- p.26 / Chapter 5.4 --- Respondent Profile --- p.27 / Chapter Chapter 6 --- Data Analyses and Results --- p.30 / Chapter Chapter 7 --- Discussions and Implications --- p.39 / Chapter Chapter 8 --- Limitations and Conclusion --- p.47 / REFERENCES --- p.49 / APPENDIX --- p.53 / BIBLIOGRAPHY --- p.54

by Yiu Wing-Yee. / Thesis (M.Phil.)--Chinese University of Hong Kong, 1997. / Includes bibliographical references (leaves 108-116). / ABSTRACT --- p.i / TABLE OF CONTENTS --- p.iii / LIST OF TABLES --- p.vi / LIST OF FIGYRES --- p.vii / CHAPTER / Chapter 1. --- INTRODUCTION --- p.1 / Overview --- p.1 / Purposes of The Study --- p.2 / Scope of The Study --- p.4 / Foreign Entry Mode --- p.4 / Country- of-Destination --- p.5 / Country-of-Origin --- p.5 / Industries --- p.5 / Importance of the Study --- p.5 / Theoretical Importance --- p.5 / Methodological Importance --- p.6 / Practical Importance --- p.6 / Structure of The Thesis --- p.7 / Chapter 2. --- FOREIGN ENTRY MODE CHOICE - AN OVERVIEW --- p.8 / "What is ""Foreign Entry Mode Choice""" --- p.8 / Research Streams on Foreign Entry Mode Choice --- p.9 / Determinants of Foreign Entry Mode Choice --- p.9 / Foreign Entry Mode and Performance --- p.12 / Theoretical Overview --- p.14 / Transaction Cost Approach to Entry Mode Choice --- p.14 / Eclectic Approach to Foreign Entry Mode Choice --- p.16 / Overview of Past Empirical Studies --- p.18 / Comment on Existing Literature --- p.20 / Chapter 3. --- FOREIGN ENTRY MODE CHOICE - AN INSTITUTIONAL PERSPECTIVE --- p.24 / Overview of Institutional Theory --- p.24 / Which Version of Institutional Theory to Be Used --- p.28 / Phenomenon to be Explained --- p.28 / Definition of Institution --- p.29 / Mechanism --- p.30 / Consequence --- p.30 / Level of Analysis --- p.31 / Summary --- p.31 / A Conceptual Model of Institutional Factors and Foreign Entry Mode Choice --- p.32 / Institutional Factors and Foreign Entry Mode Choice --- p.33 / Host country restrictiveness and foreign entry mode choice --- p.33 / Cultural distance and foreign entry mode choice --- p.35 / Historical norm and foreign entry mode choice --- p.37 / Transaction Cost Factors and Foreign Entry Mode Choice --- p.38 / Host market potential --- p.38 / Diversification --- p.39 / Parent experience --- p.40 / Asset specificity --- p.41 / Relative size of subsidiary to parent --- p.42 / Subsidiary age --- p.43 / Chapter 4. --- RESEARCH METHODOLOGY --- p.44 / Sample --- p.45 / Measures --- p.48 / Dependent Variable --- p.48 / Independent Variables --- p.48 / Institutional variables --- p.48 / Transaction cost variables --- p.61 / Analysis --- p.63 / Chapter 5. --- RESULTS --- p.65 / Relationship Among Variables --- p.65 / Overview of the WOS and TV Distribution among Countries --- p.65 / Logistic Regression Analysis --- p.68 / Additional Findings --- p.72 / Chapter 6. --- DISCUSSION --- p.80 / Institutional Factors --- p.80 / Transaction Cost Factors --- p.83 / Comparisons between Institutional Factors and Transaction Cost Factors --- p.85 / Synthesizing Institutional Factors and Transaction Cost Factors --- p.91 / Chapter 7. --- CONCLUSION --- p.94 / APPENDIX --- p.98 / REFERENCES --- p.108

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