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The Effects of Corporate Governance and Institutional Environments on Export Behaviour: Evidence from Chinese Listed Firms

  • Lu, Jiangyong
  • Xu, Bin
  • Liu, Xiaohui

The impact of corporate governance on export decisions is an important yet under- explored research issue. This paper examines this issue with respect to Chinese listed firms. We adopt an analytical framework in which the effects of corporate governance on export decisions are associated with institutional environment. We test several hypotheses derived from this framework. The sample firm’s export propensity and export intensity are found to be positively impacted by CEO ownership share and independent director ratio, and negatively impacted by private/family control. The export-promoting effects of CEO ownership share and independent director ratio are found to be positively moderated by a well-established institutional environment.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 6600.

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Date of creation: Dec 2007
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Handle: RePEc:pra:mprapa:6600
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