The increasing pace of globalization has significantly affected our lives in many profound ways. One of the consequences of globalization is the rise of intermarriage, i.e., the marriage between couples of different nationalities or different social, economic, religious, or racial backgrounds....

Relations, or informal social networks (also known as guanxi), are believed to be used predominantly by people in Asia to govern business transactions. Do Asians love relations more than their counterparts in the West? Using the theory of relation-based and rule-based governances, this paper...

Widespread corruption in mainland China adversely affects the overall economy in general and international business in particular. Prior to the establishment of the Independent Commission against Corruption (ICAC) in 1974, corruption was also rampant in Hong Kong. The ICAC effectively cleaned...

Direct investment and indirect (portfolio) investment require different governance mechanisms for investor protection. The literature on the effect of the governance environment (such as the legal system) on investment, which had been relatively underdeveloped, has begun to draw more attention...

This paper expands existing international business literature by examining the impact of FDI on domestic firms. It investigates how FDI affects the productivity of domestic firms in China. The results show that FDI may exert a different impact on firms at the regional level than it does on firms...

Assessing the overall quality of Chinese financial data is important to both academic researchers and regulators. Using data from the industrial census of China, we examine the institutional pattern of the manipulation of reported profit statistics by manufacturing firms. This manipulation of...

Using 205 Taiwanese firms spanning five years, this research examines how corporate governance factors specific to emerging economies determine the extent of diversification and moderate its performance. The analyses reveal that controlling family ownership is significantly associated with a...

Market share performance and profitability of overseas business activities has long been an important issue in international business. In this study, we explore the impact of order and mode of market entry into an overseas market. We find that early entrants have significantly higher market...

China has achieved phenomenal economic growth in an institutional environment that defies conventional economic rationales. Researchers offer different theories to explain this puzzle. But so far, due to the lack of data, little effort has been made to test these theories at the firm level. We...