Nankai Business Review International: Volume 14 Issue 3

Application of blockchain in enterprise financing: literature review and knowledge framework

Hua Song, Yudong Yang, Zheng Tao

In recent years, the application of blockchain in enterprise financing has become a hot topic in academic research. This study aims to review the existing literature, construct a…

Technology-oriented M&A, market reaction and innovation output

Yi Yao, Yue Ling, Yafei Xu

The purpose of technology mergers and acquisitions (M&A) is to achieve innovation. The authors use the data from the China Patent Research System of China National Intellectual…

From outsiders to insiders: cultural friction in cross-border M&As by Chinese companies

Dehui Li, Libo Fan

Based on the business network view and cultural friction theory, this study aims to construct a theoretical model of the cultural friction effect and its mechanism of action…

Experiential learning, institutional quality and Chinese state-owned firms’ cross-border acquisitions

Jingyu Jia, Ping Wu

State-owned firms play important roles in Chinese cross-border acquisition (CBA) activities. However, compared with private firms, state-owned firms have a lower likelihood of…

Imbalanced trade dependence and Chinese firms’ entry mode choices: the moderating effects of state ownership and marketization

Qunyong Xie

Applying resource dependence theory (RDT), this research paper aims to examine the effect of imbalanced trade dependence (ITD) on entry mode choices and how state ownership and…

Active imitation or passive reaction: research on the peer effect on trade credit

Na Wu, Yaxin Bai, Yi An

Using a sample of manufacturing firms listed in China between 2007 and 2019, first, this paper aims to examine whether peer firms influence corporate trade credit supply. Next…

The mystery of choice of equity incentive model: based on the game theory analysis between shareholders and top executives

Wenzhe Chen, Ning Shi, Qi Liang, Xiangchao Hao

Based on the background of the restricted stock has gradually replaced stock option and has become the mainstream equity incentive model in China, this paper aims to investigate…

Pension insurance contributions and corporate financialization: evidence from China

Changyuan Xia, Xieen Mao, Haizong Yu, Kam C. Chan

This paper aims to investigate the impact of a firm’s pension insurance contributions (PIC) on its financialization (investment in risky assets) using a sample of Chinese firms.