The Effect of Internationalization on Firm Performance and the Role of Cultural,Institutional and Geographical Distance ——A Study on Chinese Firms

作     者：Marin Hagemans 

作者单位：上海交通大学 

学位级别：硕士

导师姓名：Zhao Xiaoping

授予年度：2021年

学科分类：12[管理学] 120202[管理学-企业管理（含：财务管理、市场营销、人力资源管理）] 02[经济学] 1202[管理学-工商管理] 0201[经济学-理论经济学] 020105[经济学-世界经济] 

主      题：degree of internationalization firm performance cultural distance geographical distance institutional distance Chinese business diversity S-shape 

摘      要：Due to the globalization trend,the effects of internationalization are in high interest of many *** research has primarily focused on a linear relationship which has led to contradictive findings in the effect of internationalization on firm ***,the importance of the location of subsidiaries has been underestimated in previous *** study answers the question “How does the degree of internationalization affect firm performance?,in addition it considered the moderating effect of cultural,institutional and geographical distance on this *** study examined 2174 Chinese firms active in 81 different industries,in an unbalanced dataset between *** on moderating variables was collected via different publicly available *** hypotheses were tested based on 15 statistical models using a fixed-effects *** results show that the relation between degree of internationalization and firm performance is an S-shaped *** negative impact of geographical distance was partially supported while the cultural distance had a reversed effect as *** findings support that different levels of internationalization affect the firm performance in different *** attention should be paid to the diversity in distance between cultures and geographic locations of subsidiaries.