The Impact of Investing in Emerging Markets on Firm Performance: An Exploratory Study of Taiwanese M

• 作 者: C.Janie Chang Hui-MeiTsai Jasmine Yur-Austin
• 机 构: Professor of Accounting,Department of Accounting and Finance,College of Business,San Jose State Univ
• 出 处: China & World Economy
• 发表日期: 2003年03期
• 关键词: Mainland investments mainland stock volatility accounting returns dominate rubbe

Ⅰ.IntroductionDuring the past two decades,many multinationalenterprises(MNEs)have made substantial investmentsin emerging markets.Two factors dominate thereasoning in favor of such an investment strategy:lowlabor costs and the large size of the markets in the hostcountries.While these two economic factors seem quite

I.IntroductionDuring the past two decades,many multinationalenterprises(MNEs)have made substantial investmentsin emerging markets.Two factors dominate thereasoning in favor of such an investment strategy:lowlabor costs and the large size of the markets in the hostcountries.While these two economic factors Seem quite