• ISSN: 2301-3567 (Print), 2972-3981 (Online)
    • Abbreviated Title: J. Econ. Bus. Manag.
    • Frequency: Quarterly
    • DOI: 10.18178/JOEBM
    • Editor-in-Chief: Prof. Eunjin Hwang
    • Executive Editor: Ms. Fiona Chu
    • Abstracting/ Indexing:  CNKI, Google Scholar, Electronic Journals Library, Crossref, Ulrich's Periodicals Directory, MESLibrary, etc.
    • E-mail: joebm.editor@gmail.com
JOEBM 2023 Vol.11(2): 44-50
DOI: 10.18178/joebm.2023.11.2.736

Foreign Direct Investment Speed and Firm Performance: Evidence from China

Abstract—We investigate how government support affects the impact of rapid Outward Foreign Direct Investment (OFDI) expansion on firm performance. In many emerging Asia countries, government is actively involved in firms’ internationalization. We argue that rapid OFDI expansion is more likely to increase firm performance with government support, which compensates for firms’ lack of superior internal resources and capabilities through state ownership or government affiliation. Our theories are supported by the empirical evidences from China, the largest emerging country in Asia. Our study helps us further understand the business modes of OFDI from emerging economies in Asia.

Index Terms—Foreign direct investment speed, government involvement, internationalization, multinational enterprise

Jing Yan is with the Central University of Finance and Economics, Beijing, 100081 China. E-mail: yan.jing@cufe.edu.cn


Cite:Jing Yan, "Foreign Direct Investment Speed and Firm Performance: Evidence from China," Journal of Economics, Business and Management vol. 11, no. 2, pp. 44-50, 2023.

Copyright © 2023 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).

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