| dc.contributor | 財管系 | |
| dc.creator (作者) | Chen, Haiyang;Hu, Michael Y.;Shieh, Joseph C. P. | |
| dc.creator (作者) | 謝劍平 | zh_TW |
| dc.date (日期) | 1991 | |
| dc.date.accessioned | 3-Sep-2015 14:48:55 (UTC+8) | - |
| dc.date.available | 3-Sep-2015 14:48:55 (UTC+8) | - |
| dc.date.issued (上傳時間) | 3-Sep-2015 14:48:55 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/78229 | - |
| dc.description.abstract (摘要) | This article provides direct evidence of the wealth effect of international joint venture announcements on the value of U.S. firms investing in China from 1979 to 1990. Today`s world market is more dynamic, complex and competitive than that of the 1970`s. With China and Eastern European countries joining the world economic and commercial community, and the integration of the European Community in 1992, the market will change at an even faster pace in the 1990`s. literature. This is particularly true with recent international joint venture activities in non-market economies. This paper offers the first study on the wealth effect of U.S. investment in China through international joint ventures. Although attempts have been made to pinpoint the source of the gain, the results are not satisfactory because the contemporaneous factors cannot be eliminated when data of multiple host countries are used. This study examines international joint ventures formed in a single country, China. The research design provides the capability to better differentiate among competing interpretations of the wealth gain of international joint ventures. | |
| dc.format.extent | 982528 bytes | - |
| dc.format.mimetype | application/pdf | - |
| dc.relation (關聯) | FM: The Journal of the Financial Management Association, 20(4), 31-41 | |
| dc.title (題名) | The Wealth Effect of International Joint Ventures: The Case of U.S. Investment in China | |
| dc.type (資料類型) | article | en |
