This study proposes necessary modifications to the existing internationalization–
performance relationship to meet the idiosyncrasies of China-specific contexts. We first
hypothesize an S-shaped internationalization–performance relationship as the baseline and
then investigate the moderating effects of a firm's governance structure and the degree of
centralized government control on the relationship between its internationalization and
performance. The results, based on a longitudinal sample of manufacturing firms in China …

ScholarWorks@Sookmyung Women's University: Internationalization and Performance of
Firms in China: Moderating Effects of the Governance Structure and Government-Firm
Relationship … Internationalization and Performance of Firms in China: Moderating Effects
of the Governance Structure and Government-Firm Relationship …