日本问题研究 ›› 2025, Vol. 39 ›› Issue (3): 28-45.DOI: 10.14156/j.cnki.rbwtyj.2025.03.003

• 经济研究 • 上一篇    下一篇

经济政治不确定性对日企海外经营绩效的影响——基于内部贸易的调节作用

薛军1,刘桂良1,樊悦2   

  1. 1.南开大学 经济学院, 天津〓300071;
    2.河北大学 经济学院, 河北 保定〓071002
  • 收稿日期:2025-03-10 出版日期:2025-06-25 发布日期:2025-07-07
  • 通讯作者: 国家社会科学基金重大项目“依托超大国内市场规模,充分发挥国内国外两个市场、两种资源的联通机制”(23ZDA054);教育部人文社会科学重点研究基地南开大学跨国公司研究中心“十四五”自设课题(CTSNK202401);教育部哲学社会科学实验室专项基金项目(H0123705)

The Impact of Economic and Political Uncertainty on the Overseas Business Performance of Japanese Enterprises: Based on the Moderating Role of Internal Trade

XUE Jun1, LIU Guiliang1, FAN Yue2   

  1. 1.School of Economics, Nankai University, Tianjin 300071; 2.School of Economics, Hebei University, Baoding, Hebei 071002, China
  • Received:2025-03-10 Online:2025-06-25 Published:2025-07-07

摘要: 在世界经济政治不确定性加剧的背景下,鲜有研究发掘日本企业应对不确定性冲击,保证海外经营绩效可持续增长的内在逻辑。基于2007—2022年日本企业在全球主要地区的海外经营数据,围绕经济政治不确定性对日本企业海外经营绩效的影响,以及跨国公司内部贸易机制,剖析日本企业海外经营绩效可持续增长的内生动力。研究结果表明,经济政治不确定性对日本企业海外经营绩效产生正向影响,其核心为跨国公司内部贸易机制增强了企业的抗风险能力,使得日本企业海外经营绩效稳健增长。揭示经济政治不确定性对日本企业海外经营绩效的影响的内在机理,深刻阐释企业海外投资的战略价值,可以为中国企业提升全球化运营的风险应对能力与可持续发展水平提供有益启示。

Abstract: Against the backdrop of intensifying global economic and political uncertainty, research on how Japanese enterprises navigate such disruptions to sustain overseas business performance remains limited. This study, drawing on data from Japanese enterprises operating in major global regions between 2007 and 2022, explores the impact of economic and political uncertainty on their overseas business performance, alongside the role of internal trade mechanisms within multinational corporations, to analyze the endogenous driving forces behind the sustainable growth of overseas business performance of Japanese enterprises. Findings indicate that economic and political uncertainty has a positive effect on the overseas business performance of Japanese enterprises. The core of this impact lies in the internal trade mechanisms within multinational corporations, which enhance firms' risk management capabilities, leading to stable growth in overseas performance. Unveiling the instrinsic mechanism of how economic and political uncertainty affects the overseas business performance of Japanese enterprises, and profoundly elucidating the strategic value of overseas invest menes by enterprises, can provide valuable insights for Chinese enterprises to enhance their risk response capabilities and sustainable deve lopment levels in global operation.

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