dc.contributor.author | Tong, Tong | |
dc.contributor.author | Singh, Tarlok | |
dc.contributor.author | Li, Bin | |
dc.date.accessioned | 2019-05-29T12:35:25Z | |
dc.date.available | 2019-05-29T12:35:25Z | |
dc.date.issued | 2018 | |
dc.identifier.issn | 0306-8293 | |
dc.identifier.doi | 10.1108/IJSE-09-2016-0243 | |
dc.identifier.uri | http://hdl.handle.net/10072/380316 | |
dc.description.abstract | Purpose – China’s outward foreign direct investment (ODI) has become a recent phenomenon in that China is
now rated as the world’s third largest country for ODI. Previous studies have found that China’s ODI is driven
by the attractions of natural resources and overseas markets. Yet these studies have ignored the role of
corporate governance at a national level, the paper aims to discuss these issues.
Design/methodology/approach – The Kaufmann et al. (1999) data set is used in our study and the data
sample have covered the period from 2003 to 2012 for a comprehensive set of 171 host countries.
Random effects model are applied in the paper and population average model is used to check the robustness
of the results.
Findings – The authors find that the effects of macro-corporate governance are distinct in different sample
periods, as well as in geographical and economic regions, when attracting China’s ODI. Indicators such as
political stability, the absence of violence, regulatory effectiveness, regulatory quality, the rule of law and the
control of corruption are found to be positively related to China’s ODI.
Originality/value – This is one of the first papers to investigate the relationship between macro-corporate
governance indicators and China’s ODI. 171 countries are included in the data sample and sub-sample tests
are also conducted. | |
dc.description.peerreviewed | Yes | |
dc.language | English | |
dc.language.iso | eng | |
dc.publisher | Emerald Insight | |
dc.publisher.place | United Kingdom | |
dc.relation.ispartofpagefrom | 107 | |
dc.relation.ispartofpageto | 123 | |
dc.relation.ispartofissue | 1 | |
dc.relation.ispartofjournal | International Journal of Social Economics | |
dc.relation.ispartofvolume | 45 | |
dc.subject.fieldofresearch | Applied economics | |
dc.subject.fieldofresearch | Applied economics not elsewhere classified | |
dc.subject.fieldofresearch | Other economics | |
dc.subject.fieldofresearchcode | 3801 | |
dc.subject.fieldofresearchcode | 380199 | |
dc.subject.fieldofresearchcode | 3899 | |
dc.title | Country-level macro-corporate governance and the outward foreign direct investment: Evidence from China | |
dc.type | Journal article | |
dc.type.description | C1 - Articles | |
dc.type.code | C - Journal Articles | |
gro.faculty | Griffith Business School, Department of Accounting, Finance and Economics | |
gro.hasfulltext | No Full Text | |
gro.griffith.author | Singh, Tarlok | |
gro.griffith.author | Li, Bin | |
gro.griffith.author | Tong, Tong | |