Institution
Chung-Hua Institution for Economic Research
Facility•Taipei, Taiwan•
About: Chung-Hua Institution for Economic Research is a facility organization based out in Taipei, Taiwan. It is known for research contribution in the topics: Interest rate & Investment (macroeconomics). The organization has 155 authors who have published 519 publications receiving 7858 citations.
Topics: Interest rate, Investment (macroeconomics), Consumption (economics), China, Foreign direct investment
Papers published on a yearly basis
Papers
More filters
TL;DR: In this article, the authors examined whether corporate sustainability has an impact on market value using large US non-financial firms from 1999 to 2002 in order to find a significantly positive relation between corporate sustainability and its market value.
Abstract: A new movement reconciling corporate sustainability and investment is gaining world-wide attention. Whether corporate sustainability has an impact on market value is examined using large US non-financial firms from 1999 to 2002 in this paper. Taking Tobin’s q as the proxy for firm value, a significantly positive relation between corporate sustainability and its market value is found. We also find a strong interaction effect between corporate sustainability and sales growth on firm value. Moreover, there is evidence to support that being sustainable causes a firm to increase its value. This indicates that companies with remarkable sustainable development strategies are more likely to be rewarded by investors with a higher valuation in the financial markets.
381 citations
TL;DR: In this paper, two theoretically correct maximum likelihood methods are developed based on two different assumptions about the variable distribution: the normal distribution and the Poisson distribution, and a simulation is performed to compare the two methods using generated data sets of known models.
380 citations
TL;DR: In this article, the authors present the strategies that low-and medium-technology (LMT) firms adopt to generate technological innovation and investigate the impact of these approaches on the firms' innovation performances.
244 citations
TL;DR: In this paper, the authors investigated the extent to which external technology acquisition effects a firm's performance and how this effect is moderated by internal RD, finding that the positive impact of external technology acquisitions on firm performance increases with the level of internal R&D efforts.
232 citations
TL;DR: The authors examined how the locational choice of foreign direct investment (FDI) is influenced by regional characteristics in mainland China, such as the potential for market share extension, labour cost differences, allocative efficiency, transportation infrastructure, and research and development capability.
Abstract: Examines how the locational choice of foreign direct investment (FDI) is influenced by regional characteristics in mainland China, such as the potential for market share extension, labour cost differences, allocative efficiency, transportation infrastructure, and research and development capability. Empirical testing is conducted by the conditional logit model using pooled cross‐section and time‐series data. Empirical findings for the 1987‐1991 period indicate that the variable for market share extension potential only affects FDI in the middle region. Surprisingly, labour cost differences do not affect the location of FDI. Interregional railroad connections are found to be positively related to the choice of location of FDI, but FDI may not necessarily locate near innovative Chinese industries.
197 citations
Authors
Showing all 157 results
| Name | H-index | Papers | Citations |
|---|---|---|---|
| Tser-Yieth Chen | 24 | 78 | 1943 |
| Daigee Shaw | 22 | 53 | 2354 |
| Jiann-Chyuan Wang | 18 | 28 | 1244 |
| Chao-Cheng Mai | 18 | 76 | 1038 |
| Tain-Jy Chen | 16 | 34 | 1726 |
| Chien-Hsun Chen | 14 | 38 | 868 |
| Shih-Fang Lo | 13 | 21 | 873 |
| Chuang Chang Chang | 13 | 55 | 500 |
| Ho-Mou Wu | 13 | 31 | 632 |
| Shin-Horng Chen | 9 | 27 | 462 |
| Yung-Jaan Lee | 9 | 27 | 519 |
| Chun-hsu Lin | 9 | 11 | 316 |
| Chun-Hsien Yeh | 8 | 23 | 219 |
| George J.Y. Hsu | 8 | 27 | 266 |
| Meng-Chun Liu | 7 | 22 | 490 |