000 03811nam a22006135i 4500
001 978-4-431-54562-0
003 DE-He213
005 20200420211739.0
007 cr nn 008mamaa
008 131030s2014 ja | s |||| 0|eng d
020 _a9784431545620
_9978-4-431-54562-0
024 7 _a10.1007/978-4-431-54562-0
_2doi
050 4 _aHF5601-5688
050 4 _aHF5667-5668.252
072 7 _aKF
_2bicssc
072 7 _aKFCM
_2bicssc
072 7 _aBUS001040
_2bisacsh
072 7 _aBUS001010
_2bisacsh
082 0 4 _a657
_223
100 1 _aNakano, Makoto.
_eauthor.
245 1 0 _aReliance on Foreign Markets: Multinationality and Performance
_h[electronic resource] /
_cby Makoto Nakano, Bayanjargal Purevdorj.
264 1 _aTokyo :
_bSpringer Japan :
_bImprint: Springer,
_c2014.
300 _aIX, 35 p. 2 illus.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
490 1 _aSpringerBriefs in Business,
_x2191-5482
505 0 _a1. 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.
520 _aThis 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.
650 0 _aBusiness.
650 0 _aAccounting.
650 0 _aBookkeeping.
650 0 _aMarketing.
650 0 _aGlobalization.
650 0 _aMarkets.
650 0 _aFinance.
650 0 _aInternational economics.
650 1 4 _aBusiness and Management.
650 2 4 _aAccounting/Auditing.
650 2 4 _aFinance, general.
650 2 4 _aMarketing.
650 2 4 _aInternational Economics.
650 2 4 _aEmerging Markets/Globalization.
700 1 _aPurevdorj, Bayanjargal.
_eauthor.
710 2 _aSpringerLink (Online service)
773 0 _tSpringer eBooks
776 0 8 _iPrinted edition:
_z9784431545613
830 0 _aSpringerBriefs in Business,
_x2191-5482
856 4 0 _uhttp://dx.doi.org/10.1007/978-4-431-54562-0
912 _aZDB-2-SBE
942 _cEBK
999 _c50554
_d50554