Abstract
Since the open door policy, Chinese construction industry, after nearly thirty years' development, we would like to know whether the globalization process has accelerated the step of the industry performance.
The framework and empirical results in this paper propose the following implications.
First, the study clarifies the theoretical basis on which the tests are explored. In the empirical study part for Chinese higher internationalized leading multinationals, I have identified that the correlation between internationalization level and performance is positive and when the data is generalized into all construction companies scattered in all regions of china, namely lower level of internationalization, the relationship tend to be negative. Multiple regression results show tendency of an inverted U-shaped relation between global integration and firm performance.
