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Title: Industry globalization and the performance of emerging market firms: Evidence from China
Authors: Pangarkar, N. 
Wu, J.
Keywords: Emerging market firms
Export intensity
Import intensity
Industry globalization
Organizational slack
Issue Date: 2012
Citation: Pangarkar, N., Wu, J. (2012). Industry globalization and the performance of emerging market firms: Evidence from China. International Business Review 21 (2) : 196-209. ScholarBank@NUS Repository.
Abstract: In this study, we explore the extent to which industry globalization affects the performance of firms in China, an emerging market. We focus on the period between 1996 and 2001 and track the globalization levels for six different Chinese industries as well as the performance of 166 public listed firms in these industries. The results validate our major premise: high levels of industry globalization positively impact the performance of Chinese firms. We also find that when their industries globalize, firms with slack resources experience greater performance improvement than other firms without these resources. © 2011 Elsevier Ltd.
Source Title: International Business Review
ISSN: 09695931
DOI: 10.1016/j.ibusrev.2011.01.009
Appears in Collections:Staff Publications

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