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地缘政治风险如何影响企业的国际化表现:来自中国的证据
1School of Economics and Management, Northwest University, Xi'an, 710127, China.
Heliyon
|May 2, 2024
概括
地缘政治风险 (GPR) 通过降低合法性和投资自由来显著阻碍企业的国际化表现. 多元化战略和沿着"一带一路"的位置进一步改变了这些影响.
科学领域:
- 商业和经济学 商业和经济学
- 国际商业 国际商业 国际商业
- 风险管理 风险管理
背景情况:
- 包括战争和紧张局势在内的地缘政治风险 (GPR) 获得了全球关注,COVID-19大流行对贸易的破坏加剧了这一点.
- 现有的研究往往缺乏对GPR对发展中国家经济的国际化影响的微观分析.
研究的目的:
- 调查地缘政治风险对中国企业国际化表现的微观影响.
- 确定GPR影响国际化的机制,并探索缓和因素.
主要方法:
- 2008年至2019年中国A股制造上市公司的分析.
- 实证检查GPR与企业国际化表现之间的关系,包括稳定性测试.
主要成果:
- 总的来说,GPR对企业的国际化表现产生了显著的负面影响.
- GPR主要通过削弱公司的合法性和投资自由来抑制国际化.
- 产品,技术和区域多样化与GPR相互作用,以不同的方式影响国际化结果.
- GPR对"一带一路"发展中国家和合资企业的企业产生更强的抑制作用.
结论:
- 地缘政治风险对企业的国际化构成重大威胁,特别是在发展中经济体.
- 了解GPR的细微影响,包括调解和调节因素,对于国际商业战略至关重要.
- 这些发现为政策制定者和企业在全球不确定性中进行导航提供了宝贵的见解.
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