Asymmetric information as a key determinant for locational choice of MNC headquarters and the development of financial centers: A case for China
文献类型：SCI/SSCI论文
| 作者 | Zhang L.; Zhang L. |
| 发表日期 | 2005 |
| 关键词 | money |
| 英文摘要 | As a socialist market economy, the spatial effect of asymmetric information is much more effective in China where most of the information sources are centralized to a few administrative and governmental bodies. The objective of this paper is thus to testify the impact of asymmetric information on the locational choice of foreign MNCs in China based on our investigation. By doing so, we try to illustrate that asymmetric information is the key determinant of the locational choice of MNC headquarters and the development of financial centers. The findings of the paper argue that contrary to the traditional point of view, Beijing has more advantages than Shanghai in developing into the biggest service and financial center in China since its attractiveness to the MNC headquarters is far pronounced according to the asymmetric information criterion and requirement. (c) 2005 Elsevier Inc. All rights reserved. |
| 出处 | China Economic Review |
| 卷 | 16 |
| 期 | 3 |
| 页 | 308-331 |
| 收录类别 | SCI |
| 语种 | 英语 |
| ISSN号 | 1043-951X |
| 源URL | [http://ir.igsnrr.ac.cn/handle/311030/22286]  |
| 专题 | 地理科学与资源研究所_历年回溯文献 |
| 推荐引用方式 GB/T 7714 | Zhang L.,Zhang L.. Asymmetric information as a key determinant for locational choice of MNC headquarters and the development of financial centers: A case for China. 2005. |
入库方式： OAI收割
来源：地理科学与资源研究所
浏览0
下载0
收藏0
其他版本
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。