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Reliance on Foreign Markets: Multinationality and Performance: Multinationality and Performance

Reliance on Foreign Markets: Multinationality and Performance: Multinationality and Performance

          
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About the Book

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, prior findings about the multinationality-performance relationship are conflicting and inconsistent. The overall results of the present study show that multinationality has a positive impact both on accounting performance and on market-based performance. In additional tests, Japanese electric and electronic equipment companies' reliance on the Asian market was found to have a negative impact on profitability and no significant impact on firm value, whereas reliance on other foreign markets such as the Americas and the EU had a positive impact on profitability and firm value. The multinationality-performance relationship cannot be generalized and varies among geographic regions. This book contributes to both the multinationality-performance literature and the geographic segment reporting literature by offering empirical evidence about Japanese manufacturing companies and comparing them with prior findings about American companies. ​


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Product Details
  • ISBN-13: 9784431545613
  • Publisher: Springer Verlag, Japan
  • Binding: Paperback
  • Edition: 2014 ed.
  • Language: English
  • Returnable: Y
  • Spine Width: 3 mm
  • Weight: 86 gr
  • ISBN-10: 4431545611
  • Publisher Date: 22 Nov 2013
  • Depth: 6
  • Height: 234 mm
  • No of Pages: 35
  • Series Title: SpringerBriefs in Business
  • Sub Title: Multinationality and Performance
  • Width: 156 mm


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