The Relationship between China FDI’s Country of Origin Effect and Performance and Leverage

• Main Authors: Liang-Tsan Cho, 卓良燦
• Other Authors: 陳家彬
• Format: Others
• Language: zh-TW
• Published: 2010
• Online Access: http://ndltd.ncl.edu.tw/handle/76152539554871109151

碩士 === 國立中興大學 === 高階經理人碩士在職專班 === 98 === Given the rise of changes of China’s economies, more and more enterprises directly invest in China and enter into its market. Compared with non-Chinese enterprises, the Chinese enterprises are familiar with China’s culture and more adaptive to China’s politics and economic environment, so their performance could be better than non-Chinese enterprises. According to the past researches, Country of Origin Effect should be one of important factors in affecting the enterprise’s performance and its leverage. The primary purpose of this study is to distinguish and analyze the differences of performance and leverage between the Chinese enterprises’ and the non-Chinese ones’ in China, and then we can discover that if Country of Origin Effect is an important factor or not. Major results show that Country of Origin Effect definitely influences leverage of China’s foreign direct investment, but not performance. The enterprise doesn’t have any management advantage by their country of origin. Therefore performance will be more affected by the enterprise’s managerial factors and its own competitive advantage. Accordingly, risk control, frim size and finacial leverage planning will be more related to the enterprise’s performance