Against the backdrop of rapid digital technology development, digital transformation has increasingly become a key pathway for enterprises to enhance their international operational capabilities. Based on data from Shandong Province's manufacturing A-share listed companies from 2011 to 2023, this study employs empirical methods such as the two-way fixed effects model, Probit model, and two-stage least squares method to explore the impact pathways of digital transformation on enterprises' foreign direct investment. The results indicate that digital transformation significantly promotes the scale of enterprises' foreign direct investment, and this conclusion remains valid after robustness and endogeneity tests. Mechanism analysis shows that digital transformation indirectly promotes enterprises' foreign investment behavior by improving supply chain operational efficiency. Heterogeneity tests further reveal that this promotional effect is more pronounced in state-owned enterprises and large enterprises, while it is not significant in non-state-owned enterprises and small and medium-sized enterprises. The study reveals the intrinsic logic between digital capability development and corporate internationalization, providing valuable insights for policymakers and business managers on how to effectively expand overseas markets through digital transformation.

Foreign investments, particularly portfolio flows are large and often distortionary as they have tendency to drop during periods of global crisis. They could trigger a crisis because of their volatile nature and depending on the level of country’s exposure to external shocks. The motivation for this study is consistent with the conjecture that high foreign investment inflows is consistent with higher reserve accretion and stability in the naira exchange rate. Overtime, there have deliberate policy measures to encourage foreign portfolio inflows. While these inflows, have always had a positive impact on the external reserves, there is always, the palpable fear of flow reversals or the possibility of sudden stop due to unforeseen crisis. The elasticity of substitution has not received enough attention in studies relating to domestic and foreign investment. In the light of this, our study seeks to investigate how Nigeria’s external reserves responds to changes in the domestic and foreign investment behavior. Thus, this paper investigates how Nigeria’s external reserves level responds to changes in domestic and foreign investment, thereby showing the kind of deliberate monetary policy adjustments that should be pursued overtime to achieve stability. The finding therefore recommends that the government should focus of domestic investment by expanding its revenue sources in order to allocate more resources for annual capital expenditure. The government should also embark on building capital goods to encourage domestic private investment the production of goods and services suitable to replace imported ones and provide opportunity for export of such goods and services.

Establishment of environmental protection courts and corporate foreign investment behavior

How do environmental regulation and foreign investment behavior affect green productivity growth in the industrial sector? An empirical test based on Chinese provincial panel data

In view of the current domestic research on green economy and investment behaviour, it is still lacking. This article will innovatively combine the two, and use a new perspective to study the impact of foreign investment by heterogeneous companies on China's green economic growth. First of all, this article has an in-depth understanding of the theoretical knowledge of green economy; then established the evaluation index system and experimental model of the impact of foreign investment banks of heterogeneous enterprises on the growth of green economy. This article uses four core factors for analysis and statistics of the differences in status factors. Finally, it is concluded that foreign-funded enterprises with heterogeneous behaviour will affect the local green economic growth, and this effect is regular and bidirectional.

In view of the current domestic research on green economy and investment behaviour, it is still lacking. This article will innovatively combine the two, and use a new perspective to study the impact of foreign investment by heterogeneous companies on China's green economic growth. First of all, this article has an in-depth understanding of the theoretical knowledge of green economy; then established the evaluation index system and experimental model of the impact of foreign investment banks of heterogeneous enterprises on the growth of green economy. This article uses four core factors for analysis and statistics of the differences in status factors. Finally, it is concluded that foreign-funded enterprises with heterogeneous behaviour will affect the local green economic growth, and this effect is regular and bidirectional.

Environmental regulation, Foreign investment behavior, and carbon emissions for 30 provinces in China

How Does Language Impact Foreign Investing in a Multilingual Country?

The globalization of state-owned multinational companies (SOMNCs) has become an important phenomenon in international business (IB), yet it has received scant attention in the literature. We explain how the analysis of SOMNCs can help advance the literature by extending our understanding of state-owned firms (SOEs) and multinational companies (MNCs) in at least two ways. First, we cross-fertilize the IB and SOEs literatures in their analysis of foreign investment behavior and introduce two arguments: the extraterritoriality argument, which helps explain how the MNC dimension of SOMNCs extends the SOE literature, and the non-business internationalization argument, which helps explain how the SOE dimension of SOMNCs extends the MNC literature. Second, we analyze how the study of SOMNCs can help develop new insights of theories of firm behavior. In this respect, we introduce five arguments: the triple agency conflict argument in agency theory; the owner risk argument in transaction costs economics; the advantage and disadvantage of ownership argument in the resource-based view (RBV); the power escape argument in resource dependence theory; and the illegitimate ownership argument in neo-institutional theory. After our analysis, we introduce the papers in the special issue that, collectively, reflect diverse and sophisticated research interest in the topic of SOMNCs.

Clustering or Competition? The Foreign Investment Behaviour of German Banks

Clustering or Competition? The Foreign Investment Behaviour of German Banks

Abstract Some scholars argue that firms within the same industry engage in similar foreign investment behavior irrespective of nationality because they face a common set of pressures and incentives. Others emphasize the persistent diversity in business practices and behavior of firms from different nations as they invest abroad. Using the hard disk drive industry as a case, this paper explores whether nationality or industry has the greater influence on global strategy and whether it affects industry performance. The findings suggest that firms from the same nation are likely to adopt similar global strategies initially, but that, over time, the industry as a whole converges on the same blueprint for action. At the same time, however, strategic focus and organizational characteristics moderate national influences: firms from the same nation are more likely to adopt the same global strategy if they compete in the same product segment and are of similar size and age. The evidence also indicates that the national industry that is first to select what becomes the dominant strategy acquires an advantage over competitors from other countries. Copyright © 2001 John Wiley & Sons, Ltd.