A great deal of multinationals receive a bundle of hidden or cash subsidizes upon investing in a foreign country. Policymakers often argue that a subsidy today will help locate friends of the investor later on. Using extensive data on FDI investments, we analyze such patterns. In particular, we...

Statistical analysis of financial statements has reached a high degree of sophistication. But Consolidated financial statements of a group of companies seem to be resistent against these attempts. Analysts suspect that these statements can legally be manipulated to such an extent that they...

Diese Dissertation beschäftigt sich mit dem Phänomen des internationalen organisatorischen Wandels, welches in der aktuellen Forschung bisher nur selten thematisiert worden ist. Das Hauptziel der Studie besteht in der Untersuchung des Einflusses des nationalen kulturellen Kontextes auf die...

This study examines the governance attributes of post-IPO (initial public offering) retained ownership of private equity in business group constituent firms in contrast to their unaffiliated counterparts, in 202 newly listed firms in 22 emerging African economies. We adopt an actor centred...