This paper focuses on the importance of accounting harmonisation on foreign activities from a macroeconomic perspective. International Financing Reporting Standards (IFRS) adoption is considered to reduce information costs among countries and is, therefore, an important way to encourage...

Empirical evidence suggests that companies tend to employ four generic strategies to enter and exploit foreign markets: an international, multidomestic, global, or transnational strategy (Hill, 1999). Of the four, Bartlett and Ghoshal (1989) argue that in a world characterized by globalization,...

With the launching of the European Monetary Union came fears of increased specialization, and potential industry-specific shocks that would endanger the stability within the common currency area. We investigate the impact of the introduction of the euro on the spatial distribution...

Internet and Web-based technologies have provided firms significant opportunities to improve their value chain activities, both in primary and support functions. The main focus of this paper is to examine the literature on small- and medium-size enterprises' (SMEs) experience with such...

This paper will give a brief description of the microfinance movement and the growing current interest in microfinance/microcredit as a weapon in the fight against global poverty. Then two trends, the development of new sources of capital for the microfinance movement and the advent of social...

This paper was presented at the 17th International Conference of the International Trade and Finance Association, Miami, Florida, May 17-20, 2007.

This paper reports empirical findings pertaining to the effect of foreign direct investment on economic growth of 49 African and 12 South American countries for the period 1990-2003. Foreign direct investment has a positive and statistically significant effect on economic growth. However, the...

Capital mobility is one of the predominant features of the global economy at the beginning of the 21st century. Foreign direct investment (FDI) flows constitute an important element of this mobility. The aim of the paper is to discuss the relationship between regional integration and capital...

On January 1, 2005, the Multi-Fiber Agreement (MFA) on textiles and clothing came to an end. Many Cambodians worried that many garment factories would move to China or India. But the Cambodian textile and apparel industry survived the expiration of the MFA. This paper examines how that was...

The study tries to look at the main variables affecting the multi-campus University, and the ensuing challenges which characterize them. These elements are used to illuminate the tensions, obstacles and opportunities of governance which arise for other campuses joined at the hip to the main...