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Purpose – The purpose of this paper is to provide a new modelling framework for distribution network strategy and to study how various transfer-pricing schemes cope with stochastic demand under different countries tax policies. Design/methodology/approach – Use is made of real options to...
Persistent link: https://www.econbiz.de/10014781111
<title>Abstract</title>We consider the multinational company's decision on whether to enter a new foreign market using direct investment by establishing a subsidiary, direct exporting or contracting a local distributor, with the option to invest later. We develop two models, based on the real options theory,...
Persistent link: https://www.econbiz.de/10010971577
Firms that experience uncertainty in demand as well as challenging service levels face, among other things, the problem of managing employee shift numbers. Decisions regarding shift numbers often involve significant expansions or reductions in capacity, in response to changes in demand. In this...
Persistent link: https://www.econbiz.de/10010682505
This paper reexamines the effects of bilateral tax treaties on investment location decisions, using a large panel of European countries. It provides evidence that tax treaties induced a positive and significant impact on the number of foreign subsidiaries incorporated in the last decade....
Persistent link: https://www.econbiz.de/10011095363
This paper analyzes the effects of corporate tax rates and tax treaties on multinationals foreign activity. First, it examines whether host country corporate tax rate and tax treaties influence the probability of a multinational to choose a particular country to locate a new foreign subsidiary....
Persistent link: https://www.econbiz.de/10010764918
A previous research ignores the distinction between short term and long term, and by decomposing financial variables (world general and stock market indexes) and the macroeconomic variable (oil prices) at various time scales, we study the relationship among series on a daily scale by scale...
Persistent link: https://www.econbiz.de/10010939438
Persistent link: https://www.econbiz.de/10008526610
We suggest that, in some specific settings, individuals may distinguish and be sensitive not only to the distributive, procedural, social, and informational dimensions of justice, but also subdivide the distributive justice dimension into two facets‐reward and task distributive justice....
Persistent link: https://www.econbiz.de/10014950070
Persistent link: https://www.econbiz.de/10009324950
We focus on regional convergence based upon a sample of 19 European countries (1991-2008). After covering theoretical issues on -convergence and -convergence, we focused on the income distribution details. Our evidence confirms some results presented elsewhere, such as the convergence process...
Persistent link: https://www.econbiz.de/10008642421