Global strategic alliances have become a major research topic within all areas of management research. However, existing studies focus on performance rather than on partner search and selection; and even the research on partner selection does not analyze the situation of an "existing" global...

This study examines the informativeness of fundamental financial information to three levels of market-to-book (MB) ratio: high MB firms, medium MB firms, and low MB firms. In general, the results indicate that the financial ratios (as co-integrated financial information) are relatively quite...

This paper examines the relationships between the changes in the firm's capital structure and their effects on the firm's market value for three different levels of systematic risk. The underlying assumption of signaling is that when a firm changes its capital structure, its market value might...

The purpose of this paper is to analyze intercultural relations within the European Union, with the 10 new members that have joined in 2004. We define intercultural relations in terms of the difference between the benefits of economic convergence versus the problems of social mobility issues...

The traditional concept of the global triad, which dominates international business, does not incorporate emerging market economies. This paper introduces a different triad based on global corporate governance that includes the Anglo-Saxon, Communitarian, and ‘emerging' business systems. The...

This paper posits that differences in corporate governance structure partly result from differences in institutional arrangements linked to business systems. We developed a new international triad of business systems: the Anglo-American, the Communitarian and the Emerging system, building on the...

In information and service products such as open source software, increasing returns occur on the production or supply side, as well as network externalities on the demand side. For open source software, the social community element needs to be integrated with the framework of increasing...

This papers aims at discussing the determinants of strategic transparency and the governance structure of East Asian firms. The relatively weak institutional infrastructure in East Asia raises the question about the adaptable governance structure and transparency in East Asian firms