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quot;The World is swiftly moving from an era where business was the culture to an era where culture is the business.quot;Empirical evidence clearly indicates that globalization is the main driver of growth and prosperity in the 21st century world. The links between trade, growth and development...
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This study documents an unexplored corporate rent-seeking phenomenon in non-representative regimes—relocating headquarters (HQ) to the political center. Focusing on China, we find thatfirms that relocate their HQs to Beijing (the political center) enjoy increased political favors, butthose...
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