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Foreign Ownership and Corporate Governance on Firm Risk in ASEAN Countries: In the Context of the US-China Trade War

In: Contemporary Economic Issues in Asian Countries: Proceeding of CEIAC 2022, Volume 1

Author

Listed:
  • Do Thi Hai Yen

    (University of Transport and Communications)

  • David Han-Min Wang

    (Feng Chia University)

Abstract

Many multinationals recently tend to divert their investments to emerging economies in the Association of Southeast Asian Nations (ASEAN) during the US-China trade war. In order to ensure effective investment, overseas investors pay more attention not only to efficient corporate governance but also firm risk. The present research adopts fuzzy-set qualitative comparative analysis (fsQCA) to test whether foreign ownership and corporate governance could affect firm risk of listed firms in four ASEAN countries over the US-China trade war. In addition, we compare the effects of foreign ownership and corporate governance between developed and developing ASEAN countries. Our findings have practical implications for investors in making overseas investments and managers in performing strategic management in ASEAN countries.

Suggested Citation

  • Do Thi Hai Yen & David Han-Min Wang, 2023. "Foreign Ownership and Corporate Governance on Firm Risk in ASEAN Countries: In the Context of the US-China Trade War," Springer Books, in: An Thinh Nguyen & Thu Thuy Pham & Joon Song & Yen-Ling Lin & Manh Cuong Dong (ed.), Contemporary Economic Issues in Asian Countries: Proceeding of CEIAC 2022, Volume 1, pages 497-510, Springer.
    • Handle: RePEc:spr:sprchp:978-981-19-9669-6_30
    DOI: 10.1007/978-981-19-9669-6_30
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    References listed on IDEAS

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