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    題名: Impact of U.S-China Joint Ventures on Stockholders` Wealth by Degree of International Involvement
    作者: Hu, Michael V.;Chen, Haiyang;Shieh, Joseph C.
    謝劍平
    貢獻者: 財管系
    日期: 1992
    上傳時間: 2015-09-03 14:49:09 (UTC+8)
    摘要: The fact that US investors tend to respond more positively to announcements of impending international joint ventures (IJVs) with Chinese firms made by companies with previously limited international involvement supports and builds upon previous research regarding export activities and attitudes toward exporting. To substantiate the relationship between a firm`s degree of internationalization and the response of its shareholders to its internationalization efforts, data were compiled from a sample group consisting of 34 US firms that formed 42 JVs with China between 1983 and 1989. It was concluded that, for firms with limited overseas activities, inaugurating JVs with China represents a major step in the development of an international network that provokes a favorable response from US investors to this perceived increase in the value of the firm and its stock.
    關聯: Management International Review (MIR), 32(2), 135-148
    資料類型: article
    顯示於類別:[財務管理學系] 期刊論文

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