The performance of cross-border units in China: a test of natural selection, strategic choice and contingency theories

• 成果类型: Article
• 署名作者: Child, J; Chung, L; Davies, H
• 署名单位: University of Birmingham; University of Cambridge; Hong Kong Polytechnic University
• 刊物名称: JOURNAL OF INTERNATIONAL BUSINESS STUDIES
• ISSN/ISSBN: 0047-2506
• DOI: 10.1057/palgrave.jibs.8400033
• 发表日期: 2003
• 页码: 242-254
• 关键词: china; Cross-border investment; environment; Hong Kong; management; performance

摘要

This study tests the explanatory power of three theoretical frameworks for the performance of cross-border affiliates, by examining the experience of 615 Hong Kong firms managing operations in mainland China. The frameworks tested are: the natural selection approach, focused on the influence of the environment; the strategic choice approach, focused on managerial action; and the contingency approach, which emphasises the 'fit' between environmental contingencies and internal organisation. The results show that natural selection and strategic choice have a role to play, even when controlling for each other. They also support a simple approach to contingency, but not a more complex version involving interactions. Although the business and institutional environments do have a significant influence on the performance of cross-border affiliates in a transition economy, performance can be improved through strategic managerial action. In particular, leveraging local resources by developing trust between parent and affiliate, and maintaining close control and integration with the parent, are associated with enhanced performance.