The Effects of Corporate Governance and Institutional Environments on Export Behaviour in Emerging Economies

By Jiangyong Lu, Bin Xu, Xiaohui Liu. 2009

126 citations recorded by the source corpus.

This paper examines the impact of corporate governance and institutional environments on the export behaviour of firms in emerging economies. We argue that the role of corporate governance should be analysed from both principal- agent and principal-principal perspectives. We hypothesise that institutional environments moderate the effects of corporate governance on export behaviour.Analysis of a sample of Chinese listed firms supports our argument that outside directors and CEO shareholding help firms make export decisions, while the effects of ownership concentration may be non-monotonic.Sample firms’ export propensity is higher the better the institutional environments of their locations. This positive effect of institutional environments comes both directly and from the moderating of the effects of corporate governance.

Subfields: Economics and Econometrics, Information Systems, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/cfa1f1322c16ee2197d10c1c44a9c6b1190141ad

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. Carlos M. P. Sousa
2. Xinming He
3. Jieke Chen

In Strategy and Management

1. Xinming He
2. Jieke Chen
3. Carlos M. P. Sousa
4. Jorge Lengler
5. Luis Filipe Lages

Citations in the corpus

• The determinants of export performance: a review of the literature 2006-2014 (2016, background): “These findings indicate that the influence of government intervention varies among export firms according to their different characteristics, like firm size, ownership (e.g., Lu et al., 2009, LiPuma et al., 2013).”