国有制与中国企业早期国际化:企业规模和国有企业比例的调节作用

IF 1.9 4区管理学 Q3 MANAGEMENT

Cross Cultural & Strategic Management Pub Date : 2021-08-17 DOI:10.1108/ccsm-01-2021-0013

Qunyong Xie

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引用次数: 4

摘要

目的运用基于制度的观点和基于资源的观点，本研究探讨了国有制如何影响新兴市场企业的早期国际化，它如何与企业规模相互作用产生影响，以及国有企业的比例如何调节这种相互作用效应。设计/方法/方法本研究以717家中国上市公司为样本，采用泊松回归、普通最小二乘回归和Heckman两阶段估计对数据进行分析。研究发现，国有企业不影响早期国际化，国有企业和企业规模共同会产生显著影响，而国有企业在一个行业部门中的比例可以调节这种互动效应。原创性/价值本研究丰富了我们对本国政府参与对新兴市场企业国际化战略影响的理解，通过构建这些直接效应和交互效应的理论机制，并提供实证结果，为早期国际化研究做出贡献，为企业决策者和政府决策者提供重要建议。通过考察这些相互作用效应，它也为国家所有制的两种对立效应所造成的理论冲突提供了解决方案。

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State ownership and early internationalization of Chinese firms: the moderating roles of firm size and the proportion of SOEs

PurposeApplying the institution-based view and the resource-based view, this study explores how state ownership influences early internationalization of emerging market firms, how it interacts with firm size to have an impact and how the proportion of SOEs moderates this interaction effect.Design/methodology/approachBased on a sample of 717 Chinese listed firms, this study uses Poisson regression, ordinary least square regression and Heckman two-stage estimation to analyze the data.FindingsThis study finds state ownership does not influence early internationalization, state ownership and firm size jointly can have a significant impact, and the proportion of SOEs in an industry sector can moderate this interaction effect.Originality/valueThis study enriches our understanding of the impact of home government involvement on internationalization strategies of emerging market firms, contributes to early internationalization research by building the theoretical mechanisms about these direct and interaction effects and by providing empirical results and provides important advices to firm decision-makers and government policymakers. By examining these interaction effects, it also provides a solution to the theoretical conflict created by the two opposing effects of state ownership.

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来源期刊

Cross Cultural & Strategic Management MANAGEMENT-

CiteScore

4.70

自引率

12.00%

发文量

期刊介绍： Cross Cultural & Strategic Management (CCSM), is dedicated to providing a forum for the publication of high quality cross-cultural and strategic management research in the global context. CCSM is interdisciplinary in nature and welcomes submissions from scholars from international business, management and other disciplines, such as anthropology, economics, political science, psychology and sociology. The goal of CCSM is to publish discerning, theoretically grounded, evidence-based and cutting edge research on issues relevant to all aspects of global management. CCSM is especially interested in theoretical and empirical papers that investigate new and unique ideas and/or are multilevel (micro-meso-macro) and/or are multidisciplinary in nature. Research papers submitted to CCSM are expected to include an answer to the question: What is the contribution of this paper to the literature and the field of international business and managing in the global context? CCSM accepts theoretical/conceptual and empirical papers based on quantitative and qualitative research endeavors that advance our overall knowledge of international business. This includes research that yields positive, neutral or negative findings as long as these studies are based on sound research methodology, and have a good command of the theory/literature that pertains to the phenomena under investigation. These studies should also provide a more in-depth interpretation of the reason(s) for the findings and include more detailed recommendations for future research directions.