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<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
Two main problems have been emerging in supply chain management: the increasing pressure to reduce working capital and the growing variety of products. Most of the popular indicators have been developed based on a controlled environment. A new indicator is now proposed, based on the uncertainty...
Persistent link: https://www.econbiz.de/10008645105
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...
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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
Structural Funds’ effectiveness for cohesion promotion within the European Union has been frequently questioned. Given the challenges brought about by recent enlargements to the Central and Eastern Europe and the discussion about limits on EU budget, we analyse the role of EU transfers...
Persistent link: https://www.econbiz.de/10011208159
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
We analyze how an increasing share of Renewable Energy Sources on Electricity generation (RES-E) affects Gross Domestic Product (GDP) and Carbon Dioxide (CO2) emissions using a 3 variable Structural Vector Autoregressive (SVAR) methodology. We used a sample of four countries with different...
Persistent link: https://www.econbiz.de/10010934434