Research on the Relationship Between Enterprise Internationalization Level and Performance Based on Multiple Regression and Hausman Test Taking Electronic Manufacturing Industry as an Example

Zizheng Wang

2022

Abstract

Since the Belt and Road Initiative has been implemented, China has delivered more and more goods to the world in the past ten years as the world’s largest exporter. Meanwhile, today’s China not only needs to export more goods to foreign countries, but also needs higher quality development. Therefore, in the past decade, which development phase of China’s “going out” enterprises is in? To what extent has the continuous sale of products in the international market helped the development of enterprises? Based on the sample of some listed companies in China’s electronic manufacturing industry from 2015 to 2019, this paper uses multiple regression and Hausman test to determine the panel data fixed effect model for regression, so as to analyze the nonlinear relationship between the degree of internationalization of international enterprises and enterprise performance. The results show that there is a U-shaped relationship between Chinese electronic manufacturing enterprises internationalization degree and their performance, that is, they tend to reduce the benefits of enterprises in the short term and gain higher benefits in the long term. Based on the results, the paper puts forward some policy suggestions: the state should give some tax incentives to enterprises that want to operate internationally to resist the initial risks of operation, and at the same time, encourage enterprises to operate internationally, which has important practical significance for the long-term development of enterprises.

Paper Citation

in Harvard Style

Wang Z. (2022). Research on the Relationship Between Enterprise Internationalization Level and Performance Based on Multiple Regression and Hausman Test Taking Electronic Manufacturing Industry as an Example. In Proceedings of the 1st International Conference on Public Management, Digital Economy and Internet Technology - Volume 1: ICPDI; ISBN 978-989-758-620-0, SciTePress, pages 627-634. DOI: 10.5220/0011753400003607

in Bibtex Style

@conference{icpdi22,
author={Zizheng Wang},
title={Research on the Relationship Between Enterprise Internationalization Level and Performance Based on Multiple Regression and Hausman Test Taking Electronic Manufacturing Industry as an Example},
booktitle={Proceedings of the 1st International Conference on Public Management, Digital Economy and Internet Technology - Volume 1: ICPDI},
year={2022},
pages={627-634},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0011753400003607},
isbn={978-989-758-620-0},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st International Conference on Public Management, Digital Economy and Internet Technology - Volume 1: ICPDI
TI - Research on the Relationship Between Enterprise Internationalization Level and Performance Based on Multiple Regression and Hausman Test Taking Electronic Manufacturing Industry as an Example
SN - 978-989-758-620-0
AU - Wang Z.
PY - 2022
SP - 627
EP - 634
DO - 10.5220/0011753400003607
PB - SciTePress