{"title":"Strategic differentials, digital finance, and transnational enterprise performance","authors":"Wenshu Yang, Miao Han, Yong-Sik Hwang","doi":"10.1016/j.frl.2025.107415","DOIUrl":null,"url":null,"abstract":"<div><div>This study empirically analyzes overseas subsidiaries of A-share-listed multinational enterprises in 2023. Strategic differences have a positive effect on the performance of multinational enterprises. Appropriate strategic differences enhance overseas competitive advantage and improve financial and nonfinancial performance. The development of digital finance strengthens the positive impact of strategic differences on the performance of multinational enterprises.</div></div>","PeriodicalId":12167,"journal":{"name":"Finance Research Letters","volume":"80 ","pages":"Article 107415"},"PeriodicalIF":7.4000,"publicationDate":"2025-04-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Finance Research Letters","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1544612325006750","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
引用次数: 0
Abstract
This study empirically analyzes overseas subsidiaries of A-share-listed multinational enterprises in 2023. Strategic differences have a positive effect on the performance of multinational enterprises. Appropriate strategic differences enhance overseas competitive advantage and improve financial and nonfinancial performance. The development of digital finance strengthens the positive impact of strategic differences on the performance of multinational enterprises.
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