1. International related-party trade, institutional differences and performance of foreign-funded enterprises
- Author
-
Jinmeng Wang
- Subjects
International related-party trade ,Performance of foreign-funded enterprises ,Institutional differences ,Economic theory. Demography ,HB1-3840 ,Economic growth, development, planning ,HD72-88 - Abstract
Based on the resource-based view, this paper attempts to analyze the impact of international related-party trade on the performance of foreign-funded enterprises in China from the perspective of value creation. The findings of this paper are as follows. (1) the greater the proportion of parent company to foreign-funded enterprises’ international related-party transactions, the better the performance of foreign-funded enterprises. (2) As the differences in legal systems increase, the role of international related-party trade in promoting performance is weakening. (3) As cultural differences increase, the role of international related-party trade in promoting performance is increasing. After considering the impact of transfer pricing, the conclusions of this paper remain unchanged.
- Published
- 2024
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