Entry timing into international markets: evidence from the Taiwanese service industry

Lo, Fang‐Yi; Alena, Kletsova

doi:10.1080/1331677x.2018.1436456

Cited by 7 publications

(2 citation statements)

References 95 publications

(89 reference statements)

Supporting

Mentioning

Contrasting

Order By: Relevance

“…We use data from TEJ because it provides high quality, in-depth, and extensive financial data and offers corporate information from financial markets in Asia has been recognized as the most authoritative and reliable source of data in Taiwan and has been using by management researchers (e.g. Lo and Tan, 2019;Lo and Alena, 2018;Tien and Chen, 2015). Our data include all industries of 1,951 listed companies in Taiwan.…”

Section: Data Descriptionmentioning

confidence: 99%

Optimal combinations of factors influencing the sustainability of Taiwanese firms

Wong

Geovani

2021

IJOEM

Self Cite

View full text Add to dashboard Cite

PurposeThe authors aim to obtain the optimal combinations of factors from institutional environment adaptation mechanisms and internal resources or capabilities that influence the sustainability of a firm.Design/methodology/approachThe authors develop a new index, called the sustainability index, based on the stakeholder perspective by employing a corporate credit risk index, an evaluation of a firm's corporate governance, corporate financial performance and firm age. The authors then apply both Ordinary Least Squares (OLS) Regression Analysis and Fuzzy set Qualitative Comparative Analysis (FsQCA) to obtain the optimal models for firms' sustainability.FindingsThe OLS analysis shows that the variables including financial leverage, slack, innovation capability, manufacturing capability and human capital that have significant influences on the sustainability of firms. Our FsQCA analysis obtains configurations of several solutions for firm sustainability and concludes that the fit of combinations of institutional factors and/or internal resources and capabilities of a firm is related to its sustainability.Research limitations/implicationsThe limitations in our new index include these: first, one may add more key metrics to measure the index; second, the findings do not provide any necessary nor a sufficient condition to get sustainability for sure. The limitations of using multiple regression analysis are that it is not able to reveal the combinations of causal conditions that can lead to the outcome in the real world as well as to the sustainability of a firm in our study. To overcome the limitations, the authors apply fsQCA analysis to identify combinations of causal conditions to a firm's sustainability in our study.Practical implicationsIntroducing the sustainability index enables us to find out all factors influencing the sustainability of a firm. The authors’ analysis can be used to identify combinations of causal conditions to lead to outcomes in the real world. Their analysis enables managers to know how to predict the sustainability of the firm. For example, the authors’ fsQCA analysis shows that low marketing capability will lead to the high sustainability of the firm. This information helps managers to make the decision or plan to achieve good results toward their businesses and get better allocate their resources and get a better investment.Social implicationsThe authors’ analysis can be used to identify combinations of causal conditions to lead to outcomes in the real world and enable managers to know how to predict the sustainability of the firm. A correct prediction can assist companies in developing their future operations, which would enhance their competitiveness vis-à-vis rivals during this time of global economic volatility, which, in turn, enables firms to perform better and employ more employees that could help the entire society.Originality/valueThe sustainability index the authors developed in our paper is new in the literature and the findings obtained by both OLS Regression Analysis and FsQCA are new in predicting a firm's sustainability. The authors’ findings are useful for academics, managers and policymakers in predicting and maintaining a firm's sustainability.

show abstract

Section: Data Descriptionmentioning

confidence: 99%

Optimal combinations of factors influencing the sustainability of Taiwanese firms

Wong

Geovani

2021

IJOEM

Self Cite

View full text Add to dashboard Cite

show abstract

“…Although previous literatures tend to separately examined parent company and subsidiary performance (Ambos and Birkinshaw, 2010;Holtbrügge and Berning, 2018;Li and Lo, 2017;Lo and Alena, 2018), it seems there lacks a comprehensive method to measure the differences or to specifically know those two actors (i.e. parent company and subsidiary) affect subsidiary performance.…”

Section: Introduction 11 Research Backgroundmentioning

confidence: 99%

Determinants of international subsidiaries’ performances

Tan

2019

IJOEM

Self Cite

View full text Add to dashboard Cite

Purpose One important strategy Multinational Enterprises (MNEs) employ to compete in the global market is to engage in foreign investment, but firms must know how they can perform better in the host country market. International subsidiaries’ performances play a chief role for MNEs’ globalization strategy. The purpose of this paper is to construct multi-level research with parent-level data at the higher level and subsidiary-level data at the lower level. Design/methodology/approach This study helps capture the rapid growing trend in emerging markets and uses a sample of Taiwanese enterprises and their subsidiaries in China. The data come from the Taiwan Economic Journal database. Precisely, the authors obtain 711 Taiwanese MNEs and 4,458 of their subsidiaries in China. Findings This study finds among the parent company’s attributes that firm size, firm total performance, depth of internationalization and foreign shareholding have significant impacts on subsidiary performance, while within the subsidiary’s attributes, subsidiary size, subsidiary-owned capital and total investment fund significantly affect subsidiary performance. Originality/value In order to capture subsidiary performance, this study uses a multi-level analysis approach with the Hierarchical Linear Model statistic method to separate parent company attributes and subsidiary-owned attributes as two distinct levels. This method fills the gap in the literature by analyzing subsidiary performance and clarifying that foreign direct investment is a multi-level phenomenon that cannot be analyzed using a one-level analysis method.

show abstract

Assessment of Entry Timing Decisions (AoETD) Towards Sustainable Operations of Malaysian Construction Firms in International Markets

Ibrahim,

Mat Isa,

Mustaffa

et al. 2023

Green Infrastructure

View full text Add to dashboard Cite

Entry timing into international markets: evidence from the Taiwanese service industry

Cited by 7 publications

References 95 publications

Optimal combinations of factors influencing the sustainability of Taiwanese firms

Optimal combinations of factors influencing the sustainability of Taiwanese firms

Determinants of international subsidiaries’ performances

Assessment of Entry Timing Decisions (AoETD) Towards Sustainable Operations of Malaysian Construction Firms in International Markets

Contact Info

Product

Resources

About