Chiang, Yi-Chein; Liao, Tung Liang; Liu, Yu-Ling - In: Review of Pacific Basin Financial Markets and Policies … 11 (2008) 03, pp. 331-346
This study examines direct investments of Taiwan firms in China (DIC) and firm performance consequences from industrial perspectives. It is found that a U-shaped relationship exists for electronic firms but an inverted-S-shaped relationship exists for non-electronic firms. The empirical results...