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Global journal of Economics and Business Administration

Economics and Business Administration, Recent Articles

Empirical analysis of the impact of environmental regulation on FDI in China under the background of “double carbon”

Research article of Global journal of Economics and Business Administration Empirical analysis of the impact of environmental regulation on FDI in China under the background of "double carbon" Ji Fangqi School of Economics, Mizu University of China. Since the reform and opening up, China's economy has developed by leaps and bounds, attracting foreign capital has become an important part of China's opening up to the outside world, and it plays an important role in promoting the rapid economic development of China. However, the inflow of foreign capital is also a "double-edged sword" for China. While promoting China's economic progress, it also brings serious environmental problems and aggravates the difficulty of China's environmental governance work. This paper mainly expounds the impact of environmental regulation on China's foreign direct investment under the "dual carbon" target, then elaborates the role of environmental regulation on FDI and economic development, and then discusses the impact of the intensity of China's environmental regulation on China's foreign direct investment through empirical analysis. In this paper, the comprehensive index of environmental regulation, economic development level, labor cost and infrastructure construction of 30 provinces in China from 2000 to 2020 are included in the theoretical model. Empirical tests on the impact of environmental regulation on attracting foreign direct investment and endogenous tests, robustness tests and regional heterogeneity tests ensure the effectiveness of this study.The conclusion is that the improvement of the comprehensive index of environmental regulation has a certain negative effect on FDI. The smaller the comprehensive index of environmental regulation, the stronger the intensity of environmental regulation,which means that China's high standards of environmental regulation will increase the inflow of foreign direct investment. This proves that the "pollution paradise" hypothesis does not exist in China, and the "Porter hypothesis" has been verified in this paper. Keywords: Environmental Comprehensive Index; ...
Economics and Business Administration, Recent Articles

Firm Utilization of Perceived Obsolescence

Research article of Global journal of Economics and Business Administration Firm Utilization of Perceived Obsolescence Ace Kim Northern Valley Regional High School at Old Tappan Perceived obsolescence has been displayed experimentally in many situations, but remains understudied theoretically. We develop a model of consumer demand, where firms aim to maximize their profit from consumers who enjoy network benefits from updated products. Firms face two key choices, pricing and whether to obsolete their product through introducing a new mod-el. In this paper, we demonstrate that perceived obsolescence can be an effective strategy for firms, but must be employed with caution. We then use our findings to derive several testable implications that enable businesses to determine for themselves whether perceived obsolescence can be a viable strategy for them. In particular, we categorize the key differences in optimal strategies between firms that sell products with network benefits, such as social media products, as opposed to those that sell status symbols, such as watches. Keywords: Firm Utilization; Perceived Obsolescence ...
Economics and Business Administration, Recent Articles

Effect on Regional integration on Inter-regional Trade in Africa

Research article of Global journal of Economics and Business Administration Effect on Regional integration on Inter-regional Trade in Africa Kossi AYENAGBO1, Badoubatoba Mathieu DISSANI2 1Faculty of Economics and Management, University of Kara, Togo. 2School of Economics, Capital University of Economics and Business, China, 100026. Regional integration offers participating countries advantages including the enlargement of the economic space, increased efficiency and the development of interregional trade. In the African regional communities, these assets are slow to emerge because of insufficient progress in the implementation of protocols, lack of economic diversification and various supply-side constraints. Moreover, Africa’s ability to participate fully in world trade is currently hampered by weaknesses in private investment inflows, commodity dependence, non-existent or poorly developed infrastructure, and small regional markets Keywords: Regional integration; Trade; Efficiency; Economic Development; Africa ...
Economics and Business Administration, Recent Articles

CEO Turnover and IPO Performance

Research article of Global journal of Economics and Business Administration  CEO Turnover and IPO Performance Guanyu Chen1 and Hengfeng Xu2* 1Hangzhou Hump Supply Chain Limited 2Lancaster University Management School Previous research presents extensive conclusive results regarding the association between firm performance and CEO turnover. However, the issue of CEO turnover is still rarely investigated with regard to the usefulness Initial Public Offerings (IPOs) performance in the topic of Chief Executives Officers (CEOs) turnovers. The principle objective of this study is to investigate whether the likelihood of the CEOs turnover is inversely correlated with the IPO performance of the firm. This study is conducted by employing the U.S. sample data consists of 462 firms including 173 CEO turnover events within 5 years after the IPO offering during the period between 2003 and 2013, and it is mainly concluded that CEO turnover matters with respect to firm IPO performance, however, only for IPO long-term performance, rather than short-term performance. Keywords:  CEO Turnover, IPO Performance ...

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Global journal of Economics and Business Administration

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