Full-Text Search:
Home|Journal Papers|About CNKI|User Service|FAQ|Contact Us|中文
《International Business Research》 2010-01
Add to Favorite Get Latest Update

Internationalization under the Influence of Institutional Investor:Empirical Evidence from China’s 2004-2007 Listed Manufacturing Firms

XUE Qiu-zhi, LI Qian  
This paper examines the role of institutional investors in relation to firms’ internationalization. In data on China’s 2004-2007 listed manufacturing firms, we find that significant positive relationship between institutional ownership and internationalization, and internationalization is more interested by funds and QFII. The results suggest that institutional shareholder activism is existing in Chinese firms, and institutional investors may help them to go abroad to carry on the "go-out" strategy. Finally, this paper gives corresponding recommendations to develop different types of institutional investors.
【Fund】: 教育部985项目“中国经济国际竞争力”研究之企业子课题的阶段性研究成果
【CateGory Index】: F279.2;F832.51;F224
Download(CAJ format) Download(PDF format)
CAJViewer7.0 supports all the CNKI file formats; AdobeReader only supports the PDF format.
Chinese Journal Full-text Database 1 Hits
1 LIU Yu-fen LIU Xiao-yuan LI Yong-zhuang;Empirical Study on the Effect of Corporate Governance Mechanisms on the Operation Efficiency of the Firms:Evidence from the Panel Firms in Taiwan[J];Journal of Central University of Finance & Economics;2011-09
China Proceedings of conference Full-text Database 1 Hits
1 Ma Xiaobai1, Xing Zhe2 (1 Guanghua School of Management, Peking University, Beijing, 100871) (2 Guanghua School of Management, Peking University, Beijing, 100871);How Much Do Institutional Investors Matter? An Empirical Study Based on Data of Chinese Growth Enterprise Market[A];[C];2011
Chinese Journal Full-text Database 10 Hits
1 ZHOU Xue-long,PENG Dan (School of Business Management,Hunan University,Changsha 410082,China);The Empirical Evidences for Institutional Investors' Influence on the Return Variability of China's Stock Markets[J];Systems Engineering;2007-12
2 WU Xiao-hui,JIANG Yan-fu(School of Economics and Management,Tsinghua University,Beijing 100084,China);Change of the Independent Director's Governing Efficiency under the Influence of Institutional Investor:Empirical Evidence from China's Listed Firms[J];China Industrial Economy;2006-05
3 TANG Yue-jun,XU Fei(School of Management,Fudan University,Shanghai,200433,China);Does Independent Director Protect Rights and Interests of Small and Medium Shareholders?——Research on Voting Mechanisms of Chinese Listed Companies[J];Economic Management;2007-07
4 Xu Lipinga,Xin Yub and Chen Gongmengc(a,b:School of Business,SYSU; c:School of Accounting and Finance,HKPOLYU);Ownership Concentration,Outside Blockholders,and Operating Performance:Evidence from China's Listed Companies[J];Economic Research Journal;2006-01
5 Yao Yi Liu Zhiyuan Wang Jian;The Reform of Non-tradable Shares,Institutional Investor and Investor's Protection[J];Journal of Financial Research;2007-11
6 Li Qingyuan;Talking about the Roles Localization in Corporate Gover-nance for Institutional Investors and Suggestions[J];Nankai Business Review;2003-02
7 Wang Yonghai Wang Tielin Li Qingyuan;An Analysis on the Enthusiasm of Institutional Investors Participating in Corporate Governance[J];Nankai Business Review;2007-01
8 Xue Youzhi, Zhou Jie;Product Diversification, Internationalization and Corporate Performance: An Empirical Evidence from Chinese Listed Manufacturing Companies[J];Nankai Business Review;2007-03
9 Li Wei’an, Li Bin;An Empirical Study on the Effect of Institutional Investors Participating in Corporate Governance: Based on the Data of 2004-2006 CCGI~(NK)[J];Nankai Business Review;2008-01
10 Chen Hao;A Positive Analysis on the "Sheep Flock" Behavior of Organizational Investors in Chinese Stock Market[J];Nankai Economic Studies;2004-02
Chinese Journal Full-text Database 10 Hits
1 HUANG Hai-nan, FU Ya-jun,ZHANG Bin(School of Business, Beijing Institute of Machinery, Beijing 100085, China);Econometric analysis of Foreign Direct Investment and economic growth in China[J];Journal of Beijing Institute of Machinery;2004-04
2 Mu Lin-juan1 & Zhang Hong2 (1.Beijing Technology and Business University, Beijing 100037, China; Central University of Finance and Economics, Beijing 100081, China; 2.Software Centre, Agricultural Banck of China, Beijing 100037, China);Study on Relationship between Shares-propotion of Institutional Investors and Corporation Performance of Listed Companies——Based on Empirical Data of Chinese Listed Companies[J];Journal of Beijing Technology and Business University(Social Science);2008-04
3 ZUO Ling-ling(Beijing Institute of Technology, Beijing 100081);The Development of the Essential Theories of Western Educational Economics——from the theory of manpower capital to the theory of social capital[J];Journal of Beijing Institute of Technology(Social Sciences Edition);2004-06
4 YANG Li-xian~1,CAO Xin-cheng~2,GUAN Li-hong~1 (1.Science Institute,Changchun University,Changchun 130022,China;2.Flying College of Changchun,Changchun 130022,China);Applications of higher mathematical theory to economic filed[J];Journal of Changchun University;2006-12
5 Liang Qi Zhan Yijun;Industrial Concentration,Technological Development and Industrial Upgrading:Evidence from Changjiang Delta[J];Review of Industrial Economics;2005-02
6 GUO Bo~1,XIN Li-guo~2,SHAN Wen-bo~3(1. College of Economics and Management,Dalian University, DalianChina;2.Economics College, Shandong University,JinanChina;3.Foreign Languages Department, Dalian Maritime University, DalianChina);On Adam Smith——Analysis of the practical significance of an inquiry into the Nature and Causes of the Wealth of Nations to China's socialist construction[J];Journal of Dalian University;2005-03
7 YAO Hai-xin,YU Jian(College of Business,Liaoning University,Shenyang 110136,China);Analysis of Influencing Factors on Equity M&A Premium on SoEs' Shares Purchased by Foreign Acquirers: Empirical Investigation on A-share of Listed Companies 2002—2007 in Shanghai and Shenzhen Stock Exchanges[J];Journal of Northeastern University(Social Science);2010-03
8 DONG Ya-juan,SUN Jing-shui(Zhejiang Gongshang University,Hangzhou 310018,China);Analysis of the Dynamic Evolution of Income Distribution of Regional Economy:A Case of Zhejiang Province[J];Contemporary Finance & Economics;2009-03
9 DAI Ming,ZHANG Xiao-peng (College of Economics,Jinan University,Guangzhou,Guangdong 510632,P.R.China);The Institutional Innovation of the New Economy and Its Implications to the Reform and Development of the Pearl River Delta Region[J];Journal of Guangdong University of Technology(Social Sciences Edition);2009-05
10 ZHANG Ke ( School of Management, Dalian University of Technology, Dalian 116024, China );Perspectives of developing trend of Chinese development=zones from theory of "Field' Economic Rim[J];Journal of Dalian University of Technology(Social Sciences);2004-04
【Secondary References】
Chinese Journal Full-text Database 1 Hits
1 ;The Influential Factors & Periodic Characteristics of Technical Progress during the Economic Transition Period of China[J];The Journal of Quantitative & Technical Economics;2009-07
【Secondary Citations】
Chinese Journal Full-text Database 10 Hits
1 FU Ji-bo,YANG Chao-jun(Aetna School of Management,Shanghai Jiao Tong University,Shanghai 200052,China);Diversification of Listed Companies and Corporate Value[J];Journal of China University of Geosciences(Social Sciences Edition);2005-04
2 TANG Qing-quan LUO Dang-lun ZHANG Xue-qinSchool of Business SunYat-Sen UniversityGuangzhou 510275China;Empirical Evidence of Relationship between Professional Backgrounds of Independent Directors and Corporate Performance[J];Geological Technoeconomic Management;2005-01
3 by Bin Guoqiang and Shu Yuan;Share Splitting,Company Achievements and Protection for Investors[J];Management World;2003-05
4 Zhu Hongjun and Wang Hui;Can"Check-and-Balance of Stock Ownership"Improve Company's Control?—A Case Study of Struggle for the Controlling Right of Hongzhi Science and Technology Limited Company[J];Management World;2004-10
5 ZHANG Yu~1,LI Li~21 Department of Finance, Dongbei University of Finance and Economics,Dalian 116025,China2 Department of Accounting, Dongbei University of Finance and Economics,Dalian 116025,China;Trading Behaviors of Security Investment Funds and Its Impact on Stock Prices[J];Policy-making Reference;2005-04
6 LIU Guo liang1,WANG Jia sheng 2(1 School of Economics,Shandong University,Jinan 250100; 2 School of Economics,Fudan University,Shanghai 200433);POSITIVE ANALYSIS OF LISTED COMPANIES:EQUITY STRUCTURES, INCENTIVE SYSTEMS,AND PERFORMANCES[J];ECONOMIC THEORY AND BUSINESS MANAGEMENT;2000-05
9 Wei Gang;Incentives for Top-Management and Performance of Listed Companies[J];ECONOMIC RESEARCH JOURNAL;2000-03
10 Chen Xiao & Jiang Dong;Ownership Pluralization,Firm Performance and Industry Competition[J];ECONOMIC RESEARCH JOURNAL;2000-08
©2006 Tsinghua Tongfang Knowledge Network Technology Co., Ltd.(Beijing)(TTKN) All rights reserved