| 书目名称 | Reliance on Foreign Markets: Multinationality and Performance |
| 编辑 | Makoto Nakano,Bayanjargal Purevdorj |
| 视频video | |
| 概述 | Integrates three fields: accounting, corporate finance, and business.Investigates multinationality and performance using firm-level geographic segment information.Explains the financial performance of |
| 丛书名称 | SpringerBriefs in Business |
| 图书封面 |  |
| 描述 | This study examines the relationship between multinationality and the performance of Japanese manufacturing companies during the period 1999–2008 by using geographic segment information. Despite the enormous interest in and importance given to multinationality from the academic and business worlds, prior findings about the multinationality–performance relationship are conflicting and inconsistent. The overall results of the present study show that multinationality has a positive impact both on accounting performance and on market-based performance. In additional tests, Japanese electric and electronic equipment companies’ reliance on the Asian market was found to have a negative impact on profitability and no significant impact on firm value, whereas reliance on other foreign markets such as the Americas and the EU had a positive impact on profitability and firm value. The multinationality–performance relationship cannot be generalized and varies among geographic regions. This book contributes to both the multinationality–performance literature and the geographic segment reporting literature by offering empirical evidence about Japanese manufacturing companies and comparing them wi |
| 出版日期 | Book 2014 |
| 关键词 | firm value; multinational corporation; overseas operations; performance |
| 版次 | 1 |
| doi | https://doi.org/10.1007/978-4-431-54562-0 |
| isbn_softcover | 978-4-431-54561-3 |
| isbn_ebook | 978-4-431-54562-0Series ISSN 2191-5482 Series E-ISSN 2191-5490 |
| issn_series | 2191-5482 |
| copyright | The Editor(s) (if applicable) and The Author(s) 2014 |
发表于 2025-3-21 17:59:31
