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Top Management Team Attention and International Market Entry Mode: Evidence from China

机译:高管团队关注度与国际市场进入模式:来自中国的证据

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In this paper, we examine how top management team (TMT) attention affects firm's international market entry mode from attention-based view. Using data of the 60 China's listed manufacturing companies, we measure the top management team attention with automated text analysis method and test the hypothesis by multinomial logistic regression. The empirical results show that when top management team pay more attention to strategic factors, the enterprise prefer to choose investment entry mode; when top management team pay more attention to product trading factors, the enterprise prefer to choose export entry mode. This study provides a different view on firm's international market entry mode choice and important implications for emerging market companies.
机译:在本文中,我们将从关注的角度研究高层管理团队(TMT)的关注如何影响公司的国际市场进入模式。我们使用60家中国制造业上市公司的数据,通过自动文本分析方法来衡量高层管理团队的注意力,并通过多项逻辑回归检验该假设。实证结果表明,当高层管理团队更加关注战略因素时​​,企业倾向于选择投资进入模式;当高层管理团队更加关注产品交易因素时,企业倾向于选择出口进入方式。这项研究对公司的国际市场进入模式选择及其对新兴市场公司的重要意义提供了不同的看法。

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