Reliance on Foreign Markets: Multinationality and Performance

• Main Authors: Nakano, Makoto (Author), Purevdorj, Bayanjargal (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Tokyo : Springer Japan : Imprint: Springer, 2014.
• Series: SpringerBriefs in Business,
• Subjects: Business.; Accounting.; Bookkeeping.; Marketing.; Globalization.; Markets.; Finance.; International economics.; Business and Management.; Accounting/Auditing.; Finance, general.; International Economics.; Emerging Markets/Globalization.

This study examines the relationship between multinationality and the performance of Japanese manufacturing companies during the period 1999–2008 by using geographic segment information. Despite the enormous interest in and importance given to multinationality from the academic and business worlds,...

Table of Contents:

• 1. Introduction
• 2. Theory and Prior Evidence on Multinationality. 2.1 Benefits and Costs of Multinationality. 2.2 Prior Empirical Evidence on Multinationality and Performance
• 3. Hypotheses.3.1 Multinationality and Profitability. 3.2 Multinationality and Firm Value
• 4. Description of Data and Methodology. 4.1 Description of Data. 4.2Trends in Overseas Operations of Japanese Multinational Companies.4.3 Model
• 5.Empirical Results. 5.1 Descriptive Statistics and Correlations. 5.2 Results and Discussion
• 6. Robustness Check and Additional Tests. 6.1 Alternative Measurement Test. 6.2 Regional Breakdown Test
• 7. Conclusion.