Foreign Ownership,Information Technology Investment And Firm Performance

As the deepening of reform and opening process,more and more foreign capital swarm into China's capital market,more and more foreign investors become Chinese enterprise's shareholders.In recent years,China has gradually reduced restrictions on equity ratio of foreign investment and attracting more foreign investors.It not only expands Chinese-foreign cooperation areas but also help to optimize the structure of foreign investment.Foreign investors' entrance enrich the capital market of China and bring in advanced management experience and skills were,produce the spillover effect.Information industry promotes the growth economic,more and more enterprises pay attention to the information technology in the enterprise operation,and gradually increase investment in information technology.However,the most important thing to do to make full use of information technology is grasping the ability to use and management information technology.Listed companies can absorb the technology spillover effect which foreign investors bring in and make full use of information technology.This article aims to research the relationship among foreign ownership,information technology investment and enterprise performance,and use the intermediary variable research methods to test whether information technology investment is mediation variable of foreign ownership and enterprise performance.This article uses the theoretical analysis and empirical research method.First of all,the article combed related documents of the foreign ownership,information technology investment and enterprise performance;Then analyze the arguments held by the article and put forward the hypothesis;Further,carried out empirical research to verify those hypothesis;Finally,come to the conclusion and put forward suggestions.The article comes to conclusions:foreign ownership affects the corporate performance positively;Foreign ownership can positively affects investment in information technology;Information technology investment is the intermediary variable of foreign ownership and corporate performance,affect the two relations.