Median of Quantitative Analysis on Financial Characteristics of Chinese Transnational Corporations:Evidence of Chinese Stock Market
Based on the theory of modern TNCs,with data of Chinese listed companies financial statements in 2009,quantitative analysis system was constructed by using more steady statistics which included median,median average ifference(MAD),median average. difference of dispersion coefficient and median regression model fitted by two-stage least absolute derivation.Then empirical study was carried out on financial characteristics of Chinese TNCs.We conclude that Chinese TNCs have advantages relative to other types of companies,ultra big company size is Chinese TNCs essential requirements,fast capital expansion is Chinese TNCs salient feature and concept of financial management lag is Chinese TNCs major defect.
Transnational Corporations (TNCs) Foreign Direct Investment (FDI) Median Average Difference Two-Stage Least Absolute Deviation (TLAD)
Lu Xiaoguang Zhou Yanhong
Business School,Hohai University,Nanjing,P.R.China,210098
国际会议
西安
英文
129-137
2010-08-01（万方平台首次上网日期，不代表论文的发表时间）