Interdependence Relationship of Internationalization—Performance in Manufacturing Firms Listed in Indonesia Stock Exchange and Chinese Stock Exchanges

DOI

10.2991/aebmr.k.200127.085How to use a DOI?

Keywords

Performance, internationalization, manufacturing firm

Abstract

The purpose of this paper is to investigate the interrelationship between performance and internationalization of Indonesian and Chinese manufacturing firms. This paper used a sample of 88 Indonesian firms and 989 Chinese firms from Indonesia stock exchange, Shanghai stock exchange, and Shenzhen stock exchange over the 2014 to 2018 period and applied the methods of panel least squares regression to examine the relationships. The results showed that the firm’s internationalization degree has an inverted S-shaped relationship on a firm’s performance in Indonesia firms and has a U-shaped relationship in Chinese firms. The firm’s overseas expansion speed has an N-shaped relationship on a firm’s performance both in Indonesia firms and Chinese firms. In turn, the firm’s performance has S-shaped on firm’s internationalization degree in Indonesia firms and has inverted U-shaped in Chinese firms. The firm’s performance doesn’t have a significant relationship on firm’s internationalization overseas expansion speed in Indonesia firms and Chinese firms.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - L. Huang
AU  - D. Marciano
PY  - 2020
DA  - 2020/01/31
TI  - Interdependence Relationship of Internationalization—Performance in Manufacturing Firms Listed in Indonesia Stock Exchange and Chinese Stock Exchanges
BT  - Proceedings of the 17 th International Symposium on Management (INSYMA 2020)
PB  - Atlantis Press
SP  - 416
EP  - 421
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200127.085
DO  - 10.2991/aebmr.k.200127.085
ID  - Huang2020
ER  -