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| 題 名 | 國家文化距離對臺商赴東協投資進入模式與存活率的影響效果--地主國公司治理品質調節效果=The Effect of National Cultural Distance on Investment Entry Modes and Survival Rates of Taiwanese Enterprises in ASEAN Countries: The Moderating Effect of Host Country Corporate Governance Quality |
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| 作 者 | 張義杰; 翁至鋐; | 書刊名 | 輔仁管理評論 |
| 卷 期 | 31:2 2024.05[民113.05] |
| 頁 次 | 頁1-22 |
| 分類號 | 553.97 |
| 關鍵詞 | 文化距離; 公司治理品質; 進入模式; 投資存活率; 東協; 海外直接投資; Cultural distance; Corporate governance quality; Entry mode; ASEAN; FDI; |
| 語 文 | 中文(Chinese) |
| 中文摘要 | 過去的研究對文化距離和進入模式選擇之間的關係進行了廣泛的實證研究,但得出的結果是相互矛盾的。本研究提出,國家間的文化距離會影響臺灣企業進入東協國家的投資策略,並受到地主國公司治理品質的調節。當臺灣企業在公司治理較差的東協國家投資時,文化距離越大,使用獨資企業作為投資進入模式的機率越高。此外,當臺灣企業在公司治理較好的東協國家投資時,文化距離越大,投資案的五年投資存活率就越高。本研究以1999-2014年間臺灣上市公司在東協的709個投資案例為研究樣本,採用Hayes & Matthes提出的二元邏輯斯迴歸模型進行實證分析。最後,本研究提出的研究假設都得到了實證結果的支持。 |
| 英文摘要 | Past studies have conducted extensive empirical research on the relationship between cultural distance and entry mode select ion, but have produced contradictory results. This study proposes that cultural distance between countries affects the investment strategy of Taiwanese companies entering ASEAN countries, and is moderated by the quality of corporate governance in the host country. When Taiwanese companies invest in ASEAN countries with poorer corporate governance, the greater the cultural distance, the higher the probability of using sole proprietorship as the investment entry mode. In addition, when Taiwanese companies invest in ASEAN countries with better corporate governance, the greater the cultural distance, the higher the five -year investment survival rate of the investment project. This study uses 709 investment cases in ASEAN by Taiwanese publicly traded companies between 1999 and 2014 as the research sample, and conducts empirical analysis using the binary logistic regression procedure proposed by Hayes & Matthes. All research hypotheses are supported by empirical evidence. |
本系統中英文摘要資訊取自各篇刊載內容。