Corporate Performance and Foreign Activities of Multinational Firms

Abstract

This paper examines the relationship between corporate performance and degree of internationalization in multinational firms. The management efficiency is found to be significantly related to the international business activities and firm characteristics. The correlation after the global financial crisis is also examined. Some factors those appear to affect the management performance have showed different influence after the global crisis. There is evidence that the short-term strategy changes during the economic downturn have diverse impact on the firm performance.