Jinjing Zhao
Hanyang University · Business, Management and Accounting
About the Lab
Professor Jinjing Zhao's research lab specializes in international business and corporate strategy, with a focus on Chinese outward foreign direct investment (OFDI) in the context of major national initiatives such as the Belt and Road Initiative (BRI), Made in China 2025, and institutional frameworks like Bilateral Investment Treaties (BITs) and multilateral development banks (e.g., AIIB). The lab investigates how enterprise ownership structure—particularly state-owned enterprises (SOEs) versus private firms—affects OFDI decisions and performance, while also exploring the role of digital transformation in enhancing ESG (Environmental, Social, and Governance) performance. Additionally, the lab examines consumer behavior in digital and logistics contexts, especially under crisis conditions such as the COVID-19 pandemic, with a focus on perceived value and psychological outcomes in online retail. The research integrates empirical econometric methods with institutional and behavioral theories to provide policy-relevant insights for China’s global investment strategy and sustainable enterprise development.
Research Overview
Research Output Trend
Figures are computed from collected data and may differ slightly.
Selected Papers
15This study analyses Chinese enterprises’ outward foreign direct investment (OFDI) from the perspectives of the Belt and Road Initiative (BRI) and home-country enterprise heterogeneity. It analyses the roles of BRI and the Asian Infrastructure Investment Bank (AIIB) in China’s OFDI using enterprise-level data for 2008–2017 from China Global Investment Tracker on Chinese enterprises’ OFDI in 128 countries. The results show that the roles of the BRI or AIIB in Chinese enterprises’ OFDI varies based
The study empirically examines the impact of firm digital transformation (DT) on the performance of Chinese-listed enterprises in the areas of environmental, social, and governance (ESG) from 2013 to 2022. We utilized OLS, IV 2SLS causal mediating effect, and moderating effect models to analyze the linkages and deep mechanisms between corporate DT and ESG performance. The empirical findings demonstrate that (i) DT has an effectively positive effect on the performance of firms’ ESG; (ii) DT enhan
In order to improve the satisfaction of online retail consumers and explore the process of forming consumer loyalty during the COVID-19 pandemic, this research combines the theories of perceived value and affect-as-information, taking cold chain logistics services (PDS) as an example to discuss the influence of PDS quality (PDSQ) of online retail cold chain on consumers' psychological emotion (satisfaction and psychological distress), attitude, and behaviour (loyalty). We collected 350 valid res
Purpose The study aims to analyze the role of the Made in China 2025 (MIC2025) initiative in China's Outward Foreign Direct Investment (OFDI) and the factors affecting the success or failure of Chinese enterprises' OFDI from the perspectives of the heterogeneity of home country enterprises. Design/methodology/approach Based on data on China's OFDI obtained from the China Global Investment Tracker (CGIT), the study uses the difference-in-differences model to analyze 2,670 completed OFDI deals and
Migraine remains a significant public health challenge across all four countries, with age, gender, and demographic changes playing key roles in burden variations. The study highlights the need for region-specific healthcare strategies and age- and gender-sensitive interventions. Future research should explore socioeconomic, behavioral, and healthcare access factors to refine migraine management strategies.
Based on an analysis of 2671 outward foreign direct investment (OFDI) deals completed by Chinese enterprises from 2009 to 2018, this study evaluated the role of the OFDI regulatory policies on Chinese heterogeneity enterprises’ OFDI. The difference-in-differences model is applied with the OFDI data to control the influence of endogeneity resulting from missing variables. The results show that the regulatory policies’ effect on Chinese enterprises’ OFDI varies with the ownership structure of the
This paper analyzed Chinese enterprises’ outward foreign direct investment (OFDI) from the perspectives of Bilateral Investment Treaties (BIT) and enterprise heterogeneity. Firstly, in terms of BIT, we found that the existing literature was mainly focused on BIT and developed countries’ investment in developing countries as the research subject, and rarely discussed the role of BIT in OFDI by developing countries. In addition, in terms of enterprise heterogeneity, due to a limited dataset, the p
Numerous studies have explored the impact of Outward Foreign Direct Investment (OFDI) on upgrading industrial structures in home countries. However, a notable gap exists in the literature regarding the reverse relationship. Based on the cross-border greenfield investment data of Chinese provinces in Association of Southeast Asian Nations (ASEAN) countries from 2003 to 2021, this study employed the Ordinary Least Squares (OLS) model to evaluate the impact of industrial upgrading in each province
Research Areas
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