期望差距与企业国际化速度:来自中国制造业的证据

发布时间：2018-04-11 00:05

本文选题：期望落差 + 期望顺差　；参考：《中国工业经济》2017年06期

【摘要】：针对不同企业国际化速度高度离散的现象,本文以期望差距为切入点,构建了一个期望差距作用于企业国际化速度的理论框架。该框架认为,期望差距所引致的决策者快速国际化扩张意愿与企业快速国际化扩张资源的动态变化最终导致了不同企业的国际化速度差异。基于以上逻辑,通过对2012—2015年中国制造业上市公司经验数据的分析发现:期望差距与企业国际化速度并非简单的线性关系,期望落差与企业国际化速度呈倒U型关系,而期望顺差与企业国际化速度呈U型关系;在高管国际经验丰富的企业或具有政治关联的企业中,期望落差与期望顺差对企业国际化速度的影响都将减弱。进一步区分企业所有权性质后发现:高管国际经验、政治关联对期望差距与企业国际化速度之间关系的削弱作用主要存在于非国有企业中,在国有企业中仅发现高管国际经验对期望落差与企业国际化速度之间关系的削弱作用。本文的发现丰富了企业国际化速度方面的研究成果,对正在实施国际化扩张的企业也具有一定的启示意义。
[Abstract]:Aiming at the phenomenon that different enterprises' internationalization speed is highly discrete, this paper takes the expectation gap as the starting point, and constructs a theoretical framework of the expectation gap acting on the enterprise's internationalization speed.According to the framework, the decision makers' willingness to expand rapidly and the dynamic changes of resources caused by the expectation gap ultimately lead to the different internationalization speed of different enterprises.Based on the above logic, by analyzing the empirical data of Chinese manufacturing listed companies from 2012-2015, it is found that the expected gap is not a simple linear relationship with the enterprise internationalization speed, and the expected gap is inversely U-shaped with the enterprise internationalization speed.However, the expected surplus has a U-shaped relationship with the speed of enterprise internationalization, and the influence of expectation gap and expectation surplus on the speed of enterprise internationalization will be weakened in the enterprises with rich executives' international experience or with political connections.After further distinguishing the nature of enterprise ownership, it is found that the international experience of executives, the weakening of the relationship between the expectation gap and the speed of enterprise internationalization mainly exists in the non-state-owned enterprises.In state-owned enterprises, only the international experience of executives weakens the relationship between expectation gap and internationalization speed.The findings of this paper enrich the research results of the internationalization speed of enterprises, and also have certain enlightenment significance to the enterprises that are implementing the internationalization expansion.
【作者单位】：华南理工大学工商管理学院;
【基金】：国家社会科学基金重点项目“转型升级制度压力下优势制造企业战略反应与政策”(批准号15AGL003) 教育部重大攻关项目“中国制造业转型升级战略研究”(批准号15JZD020)
【分类号】：F125;F424

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