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This study examines the extent to which national culture and legal systems influence corporate governance practices. National culture is taken to be the customs and practices that are associated with a particular country. The meaning and derivation of national culture will be discussed further...
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In the world that we now live in, never has mankind been forced to deal with living and operating business as usual in … a carbon constrained world. The essence of the phrase ‘business as usual' now takes on a new meaning when it is … imperative in the 21st century and beyond that business does go on, but in a world where the public, governments, non government …
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on whether global diversification is valuable is inconclusive. This paper uses detailed FDI data for 251 UK multinational … firms and 4,676 subsidiaries to show that multinational firms exhibit, on average, a global diversification premium compared … multinational firms' investment and global diversification have significantly increased over the past three decades …
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, on average, an international diversification premium of 19%. Further, the value premium is increasing in the difference …
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in großer Anteil der multinational tätigen Großunternehmen ist in technologieintensiven, dynamischen Branchen tätig und verfügt über ein breites Spektrum an technologischen Ressourcen. In den vergangenen Dekaden hat ein Großteil dieser Unternehmen zunehmend Wertschöpfungsleistungen an...
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This chapter identifies the limitations of what may commonly be accepted as “Best Practices” in Corporate Governance. Directors commonly obtain funds from venture capitalists and bankers by transferring to them some or all of their absolute powers that can corrupt themselves and their...
Persistent link: https://www.econbiz.de/10013114945
We test the hypothesis that the identity of the owner affects firm ability to seize market opportunities differently according to the firm's actual vs. “optimal” size (size gap). By grouping firms in size clusters having a similar probability of adopting a size-adjusting strategy (growth or...
Persistent link: https://www.econbiz.de/10013116692