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1 – 4 of 4Ming‐Tien Tsai and Yung‐Ming Cheng
The purpose of this paper is to study the ownership entry mode decision in the United States made by firms in Taiwan. A total of 398 companies were sampled and included in the…
Abstract
The purpose of this paper is to study the ownership entry mode decision in the United States made by firms in Taiwan. A total of 398 companies were sampled and included in the mail survey, with usable responses received from 105. We find the asset specificity and the strategic investment motivations are the most important decision criteria for the ownership control entry mode choice for Taiwanese manufacturing firms in the United States. When the stronger the U.S. strategic investment motivations and the higher the asset specificity, the higher the likelihood of Taiwanese manufacturing firm's entry through full‐ownership control mode. Finally, in our conclusion, we propose relevant implications for practice and research.
Ming‐Tien Tsai and Yung‐Ming Cheng
This study examines the entry mode and ownership strategies in China, South‐East Asia and Western Europe made by manufacturing firms in Taiwan. The results find that when the…
Abstract
This study examines the entry mode and ownership strategies in China, South‐East Asia and Western Europe made by manufacturing firms in Taiwan. The results find that when the larger, high R&D and high advertising intensive Taiwanese manufacturing firms invest in China, South‐East Asia and Western Europe, they would be likely to choose the greenfield‐WFOE entry. On the other hand, when these firms have the most foreign investing experiences and the longest investing history in China, South‐East Asia and Western Europe, the acquisition‐WFOE entry would tend to be preferred. Finally, this study proposes relevant implications for practice in the conclusion.
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Shu‐Yun Cheng, Ming‐Tien Tsai, Nai‐Chang Cheng and Kun‐Shiang Chen
This study proposes integrating the perceived risk and social influence literatures on online group buying (OGB) intentions with the basic TAM variables (perceived usefulness and…
Abstract
Purpose
This study proposes integrating the perceived risk and social influence literatures on online group buying (OGB) intentions with the basic TAM variables (perceived usefulness and perceived ease of use).
Design/methodology/approach
Based on an empirical survey of 304 online adopters of OGB in Taiwan, the paper uses structural equation modeling to confirm the research model.
Findings
The results reveal that perceived critical mass had the largest total effect on intention to use group buying websites. The findings also indicate that perceived usefulness and a sense of virtual community (SOVC) have significant effect on OGB intention. In addition, both perceived ease of use and website quality influence perceived usefulness. As expected, perceived risk has negative effect on OGB intention.
Research limitations/implications
This study only considered buying intention with regard to foodstuffs, and it is unclear whether these analytical results can be generalized to other items. Further research could apply this model to examine group coupons (such as discount vouchers for restaurants).
Practical implications
To sustain a successful group buying website, attention must be paid to enhancing user's SOVC, enlarging the critical mass, and lowering the perceived risk. Practitioners can apply the findings of this study to focus on the determinants of success for their online shopping websites.
Originality/value
Theoretically, while drawing upon TRA studies, this paper provides a model that is capable of lending an understanding of the determinants of OGB intention. From a managerial perspective, the findings indicate that webmasters can improve or manage website members' buying intentions by increasing the sense of virtual community and critical mass.
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Ming-Tien Tsai and Wen-Hui Tung
– This study aims to explore the effects of corporate governance structure and resources on foreign direct investment (FDI) commitment and firm performance.
Abstract
Purpose
This study aims to explore the effects of corporate governance structure and resources on foreign direct investment (FDI) commitment and firm performance.
Design/methodology/approach
The data are collected from high-tech firms listed by the Taiwan Stock Exchange. All selected 137 firms have complete FDI and other required data during 2007-2009. The mean values of the variables during the three-year period were used for analysis.
Findings
The results indicate that both chief executive officer (CEO) duality and government shareholding affect a firm’s FDI; and the higher the management shareholding ratio, the lower the return on equity. Moreover, a large ownership of substantial shareholders can enhance a firm’s performance; and higher institutional ownership can lead to higher firm performance.
Research limitations/implications
This study analyses the limited data from 137 high-tech firms in Taiwan during the three-year period of 2007-2009. Further analyses of other industries, countries and time periods are needed to generalize the conclusions.
Practical implications
A firm with CEO duality should increase the ratio of government holding to mitigate the influence of CEO on FDI decisions. When a firm’s performance is poor, the ratio of managerial holdings should be reduced; conversely, the firm could attract more holdings from domestic securities and funds to improve performance.
Originality/value
This study provides guidelines for shareholders to analyze governance structure and formulate their investment strategies. Corporate policymakers may use these as the principles for designing a corporate governance structure that could engender optimal firm performance.
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