Shareholder engagement plays an important role in corporate governance. In the last decade, investors have increasingly influenced business decisions and their activities have extended beyond the formal submission of shareholder resolutions for voting at annual meetings. On their part, directors...

In the last funding periods there was steady increase in the number of LEADER-regions in Europe, and, at least in Germany, it is already evident that this gain will continue: for the 2014-2020 funding period there around 300 LAGs expected in comparison to 244 LAGs in the last period. For the new...

This paper analyzes effects of the corporation tax rates of countries on firms' location selections using the transfer pricing system. Reduction of transportation costs makes firms' production activities expand to across international borders. This expansion incurs harsh price competition among...

This paper analyse how previous experience and affiliation influence individual employees but also the current employers. Knowledge can be embodied in several different forms, in individuals, in books, in machines, or in processes. Human capital refers to embodied knowledge in individuals,...

This paper puts forward a Bayesian version of the global vector autoregressive model (B-GVAR) that accommodates international linkages across countries in a system of vec- tor autoregressions. We compare the predictive performance of B-GVAR models for the one- and four-quarter ahead forecast...

We set out a small, open economy model of a city, one with local housing, government production and a non-traded good. We observe that a positive shift in labor productivity in the export sector generally results in a larger, higher-wage and more densely settled city. Production of the local...

The paper is devoted to analytical investigation of the division of geographical space into urban and rural areas with application to Russia. Yegorov (2005, 2006, 2009) has suggested the role of population density on economics. A city has an attractive potential based on scale economies. The...