Multinational Corporations' (Mncs) Strategic Location and the Development of Financial Service Hubs in China
Dados Bibliográficos
| ID | 12337107 |
|---|---|
| Autores | Danny T Wang (0000-0002-5244-0097, University of Hong Kong, autor correspondente) |
| Ano | 2005 |
| Volume | 24 |
| Fascículo | 1-2 |
| Páginas | 17-44 |
| Data de publicação | 2005-01-01 |
| Peer Reviewed | Sim |
| Open Access | Não |
| Tipo | ARTICLE |
| Periódico | Asian Geographer (JOURNAL) |
| Identificadores do periódico | ISSN: 1022-5706 • E-ISSN: 2158-1762 |
| Editora | Routledge (PUBLISHER • GB) |
| DOI | 10.1080/10225706.2005.9684120 |
| OpenAlex | W2098314851 |
| Idioma | EN |
| Citações recebidas | 1 |
| Referências citadas | 36 |
This paper builds a theoretical link between agglomeration economies of Multinational Corporations (MNCs) headquarters and the development of financial service centres, with special account in the extant literature of financial geography. Specifically, four distinctive factors, namely path dependency, asymmetric information, institutional support and exogenous advantage are brought forward as the determinants of managerial considerations for MNCs strategic locations. Among them, the factor of asymmetric information is argued as the key factor to drive geographic agglomerations of financial activities in China. To examine the validity of the theory, China's Beijing-Shanghai city-pair is presented as a case. A binary logistic regression model-test is applied to compare the locational behavior of MNCs regional headquarter in the two cities. Finally, a financial centre index (Findex) analysis which quantifies the significance of financial sectors in the city-pair is conducted. The results reveal that contrary to the traditional point of view, Beijing has more advantages than Shanghai in developing to be a strong service and financial centre in China
Beijing · Business · China · Economic geography · Economics · Financial services · Geography · Index (typography · Industrial organization · International trade · Multinational corporation · Service (business · Tertiary sector of the economy · Urban agglomeration · Global Urban Networks and Dynamics · International Business and FDI · Regional Economics and Spatial Analysis · Finance · Marketing
Megalopolis
New Industrial Spaces (Studies in Society and Space, 3)
Managing Across Borders
The location of economic activity
Increasing Returns and Path Dependence in the Economy
The Competitive Advantage of Nations
Development, Geography, and Economic Theory
Why are institutions the ‘carriers of history’?
Institutions, Institutional Change and Economic Performance
The Global City
Global Shift
Theoretical economic geography and spatial econometrics
Producer Services and Systems of Flexible Production
Information Hinterland’– A Base for Financial Centre Development
Increasing Returns and Economic Geography
Determining factors of the development of a national financial center
The potential and prospect for global cities in China
Some Aspects of the Geography of Finance in Canada
The Maturing Urban System in the United States, 1840–1910∗
An Economic Geography of Global Finance
The moderator–mediator variable distinction in social psychological research
The moderator-mediator variable distinction in social psychological research
Spatial Restructuring Of Financial Centers In Mainland China And Hong Kong
An Institutionalist Perspective on Regional Economic Development
The Revolution in International Capital Markets
The Global Economy in Transition
| Obras citantes distintas | 1 |
|---|---|
| Citações por ano | 0,05 |
| Intervalo de citações | 2007 - 2007 (1) |
| Velocidade de citação | historical |
| Altamente citado | Não |
| Tipos de citação | Neutras: 1 |