Asia Pacific Business Review 

About: Asia Pacific Business Review is an academic journal published by Taylor & Francis. The journal publishes majorly in the area(s): China & Globalization. It has an ISSN identifier of 1360-2381. Over the lifetime, 1391 publications have been published receiving 18951 citations.

Long- versus short-term orientation: new perspectives

Abstract: Long- versus short-term orientation, a national value dimension originally found by Bond among students in 23 countries, became Hofstede's (1991) fifth dimension of national cultures. Recent analyses by Minkov (2007) of World Values Survey data, collected from representative samples of national populations, allow the calculation of a new version of this dimension, this time across 93 countries. National scores on the dimension correlate with certain family values, with school results, with business values, with environmental values and, under favorable historical conditions, with economic growth. In 1988 the dimension scores led to a prediction of China's economic success. The new scores allow new predictions for economic developments in different parts of the world.

A review of research on outward foreign direct investment from emerging countries, including China: what do we know, how do we know and where should we be heading?

Abstract: Using the Antecedents, Decisions and Outcomes (ADO) format as an organizing framework, this article gives an overview of the literature on different dimensions and characteristics of outward foreig...

Foreign direct investment and economic growth in Vietnam

Abstract: By making use of a recently released panel dataset that covers 61 provinces of Vietnam from 1996–2005, this study examines the link between foreign direct investment and economic growth. Our analysis, which is based on a simultaneous equations model, reveals that in overall terms a mutually reinforcing two-way linkage between FDI and economic growth exists in Vietnam. However, this is not the case for each and every region of Vietnam. The results presented in this study suggest that the impact of foreign direct investment on economic growth in Vietnam will be larger if more resources are invested in education and training, financial market development and in reducing the technology gap between the foreign and local firms.

Corporate governance mechanisms and financial performance in China: panel data evidence on listed non financial companies

Abstract: The objective of this paper is to provide empirical evidence on the influence of corporate governance characteristics and corporate ownership concentrations on the financial performance of Chinese companies. This is based on analysis of a panel data set covering the years 2001 to 2005. The characteristics considered are the ratios of independent directors and professional supervisors on the companies' two boards, and the level of concentration in and type of ownership of the companies. Our chosen performance metric is Tobin's Q. We find that ownership concentration in general is a significant factor in determining firm performance. The degree of board independence is significant, but it only appears to have a positive impact on performance in larger companies. The expertise of the supervisory board is not a significant determinant of corporate financial performance in China. Our findings support a continued focus on making improvements to the operation and effectiveness of China's institutions of corporat...