Effects of Financial Soundness on Export Activities: Evidence from Firm-Level Data of Korea

IF 16.4 1区化学 Q1 CHEMISTRY, MULTIDISCIPLINARY

Accounts of Chemical Research Pub Date : 2022-07-03 DOI:10.1080/1226508X.2022.2121936

Yeonjin Shin, Jung Hur

引用次数: 0

Abstract

ABSTRACT We examine effects of financial soundness on various export activities of manufacturing firms in South Korea. The main results are as follows. First, the export-starters prepared to have a better financial soundness a few years before becoming export-starter. Second, the better financial soundness at a given year increases a probability for a firm to become a new exporter at the following year. Third, the better financial soundness is related to covering export market entry costs rather than export continuation costs. Our findings imply that the financial soundness plays a self-selection role in increasing numbers of export firms in manufacturing sectors.

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金融稳健对出口活动的影响:来自韩国企业层面数据的证据

摘要:本文研究了金融稳健性对韩国制造企业各种出口活动的影响。主要结果如下:首先，出口启动国准备在成为出口启动国前几年拥有更好的财务状况。其次，在某一年，财务状况越好，公司在下一年成为新出口商的可能性就越大。第三，较好的财务健全性与支付出口市场进入成本而非出口继续成本有关。研究结果表明，财务健全性对制造业出口企业数量的增加起着自我选择的作用。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Accounts of Chemical Research 化学-化学综合

CiteScore

31.40

自引率

1.10%

发文量

312

审稿时长

2 months

期刊介绍： Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.