기업의 수출증가에 대한 기술역량의 효과

• 영문명: Exploring Technological Capabilities Relative to Cash Holdings and Firm Internationalization
• 발행기관: 한국무역연구원
• 저자명: 남현정(Hyun Jung Nam) 임병학(Byung Hak Leem)
• 간행물 정보: 『무역연구』제11권 제2호, 449~467쪽, 전체 19쪽
• 주제분류: 경제경영 > 무역학
• 파일형태: PDF
• 발행일자: 2015.04.30

영문 초록

The purpose of this study is to analyze the impact of cash holdings on the internationalization of listed manufacturing firms. We explore the moderating effect of technological capabilities between cash holdings and the internationalization of firms. We analysed cross-sectional data of 642 listed companies from 2000 to 2013 using the fixed effects estimation. Empirical results showed that the there was a positive significant relationship between cash holdings and internationalization of firms This study also found that technological capabilities have significant, positive, pure moderating effects in the pathway between cash holdings and internationalization. Investment in technological capabilities for global competitiveness might increase the cash holdings of corporations. Technological capabilities have strong incentives to build and manage a buffer stock of cash liquidities and increase internationalization. These results suggest that technological capabilities and cash holdings are very important to firm internationalization

목차

Abstract

Ⅰ. 서론

Ⅱ. 선행연구

Ⅲ. 연구설계

Ⅳ. 방법론 및 조작적 정의

Ⅴ. 실증분석 및 결과

Ⅵ. 결론

References

키워드

Cash Holdings Technological Capabilities Fixed Effects Estimation Moderating Effects Internationalization