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001-es BibID:BIBFORM075715
035-os BibID:(cikkazonosító)3847 (Scopus)85055576047 (WOS)000451531700021
Első szerző:Baloch, Muhammad Saad
Cím:Role of domestic financial reforms and internationalization of non-financial transnational firms : evidence from the Chinese market / Muhammad Saad Baloch, Abubakr Saeed, Ishtiaq Ahmed, Judit Oláh, József Popp, Domicián Máté
Dátum:2018
ISSN:2071-1050
Megjegyzések:The successful internationalization process of Chinese firms which enhances the sustainability of the Chinese economy receives massive research attention. Studies emphasize that firm's motives and institutional voids play a pivotal role in getting benefits from the internationalization process, but the factors that initiated this process have been overlooked. The objective of this study is to explore the impact of those institutional factors which initiated the internationalization process. This study reveals that institutional factors of cross listing and increased financial availability induced the internationalization process of Chinese firms. Using the financial data of non-financial firms for the period of 2005-2015, we demonstrate that the domestic financial reforms initiated the internationalization process that helps Chinese economies to achieve sustainable economic development. The study also finds that state-ownership helped firms to gain more from increased financial availability than the stand-alone firms. The study concludes that the open business environment helped firms to survive and sustain the international pressure successfully and maintain their sustainable performance.
Tárgyszavak:Társadalomtudományok Közgazdaságtudományok idegen nyelvű folyóiratközlemény külföldi lapban
folyóiratcikk
institutional factors
financial reforms
credit availability
cross listing
green financing
sustainable economic development
multinational enterprises
emerging economy
Megjelenés:Sustainability. - 10 : 11 (2018), p. 1-16. -
További szerzők:Saeed, Abubakr (közgazdász) Ahmad Ishtiaq (1978-) (közgazdász) Oláh Judit (1973-) (agrárközgazdász, logisztika) Popp József (1955-) (közgazdász) Máté Domicián (1976-) (közgazdász, informatika tanár)
Pályázati támogatás:ÚNKP-18-4-DE-153
ÚNKP
EFOP-3.6.3-VEKOP-16-2017-00007
EFOP
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