碩士 / 國立成功大學 / 企業管理學系碩博士班 / 94 / Abstract:
Investment in the Chinese market presents a challenge and an opportunity for international investors. This is especially true for Canadian firms. Canadian firms may initially be at a disadvantage in terms of cultural, language, legal and political differences, however they bring a reputation of historically successful institutional financial performance and as reliable suppliers of natural resources to this new business environment. As such, Canadian firms can synchronize with China’s increasingly open financial system and demand for natural resources. While Canada’s entry into the Chinese marketplace is still in its infancy, forecasts generally indicate the Canadian investment in China will continue to grow.
The purpose of this study is two fold: firstly, to investigate the degree to which entry modes and firm size influence financial performance; secondly, to determine whether overseas investment experience exerts a moderating effect on these two relationships.
Contact information of Canadian companies investing in China was attained from the CCBC Directory of Canadian Companies and Professionals in China (2006) and the 2002 Directory of Standing Representative Organizations of Foreign and Territorial Companies in China. Questionnaires were sent to 283 firms operating in the Chinese marketplace, the final analysis was based on the responses of 32 firms representing 13 separate industries. The variables employed in this study were: firm size, overseas investment experience, entry mode and financial performance.
Multiple regression analysis indicates that a significant relationship exists between entry mode and financial performance as well as firm size and financial performance. Overseas investment experience was found to have a moderating effect on the relationship between entry mode and financial performance; that is, wholly owned ventures with no overseas experience were found to demonstrate higher levels of financial performance than joint ventures with no overseas experience. For firms with overseas experience, though, there was no significant relationship between entry mode and financial performance. Overseas investment experience was shown to not exert a moderating effect on the relationship between firm size and financial performance.
| Identifer | oai:union.ndltd.org:TW/094NCKU5121097 |
| Date | January 2006 |
| Creators | Jesse D.Knutson, 任西龍 |
| Contributors | Hsin-Hong Kang, 康信鴻 |
| Source Sets | National Digital Library of Theses and Dissertations in Taiwan |
| Language | zh-TW |
| Detected Language | English |
| Type | 學位論文 ; thesis |
| Format | 47 |
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