Results 11 to 20 of about 275,533 (262)
Financially Interlinked Business Groups* [PDF]
Financial interlinkage, in the form of cross‐holding of equity and debt between firms, characterizes business groups in many countries. We suggest that such financial interlinkage can be viewed as a way to solve credit rationing caused by asymmetric information.
Ghatak, Maitreesh, Kali, Raja
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Pathways from Deglobalisation: Colombian Business Groups, 1950-1985
What are the characteristics of the Colombian business groups and how did they evolve between 1950 and 1985? How did the characteristics change during a period of deglobalisation? This paper provides a description of the Colombian business groups.
Beatriz Rodriguez-Satizabal
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Firm Interlock and Stock Price Synchronicity: Evidence from the Tehran Stock Exchange [PDF]
Objective: Pyramidal ownership structures and cross-ownership are common phenomena in developing economies. These structures result in a divergence between voting rights and cash flow rights on the one hand, and create internal capital markets through ...
Mohammadreza Farajpour Bibalan +2 more
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Industrial business groups in a context of deindustrialization. The Uruguayan Case, 1980-2015
During the 1990s, a series of institutional transformations took place that strongly affected the national productive structure, as well as its agents. Among the main effects of the new openness and liberalization policies are: the loss of relevance of ...
Juan Geymonat
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This study aims to investigate the outward foreign direct investment (FDI) location choices of leading Turkish business groups (TBGs) regarding internationalization motives, dynamic capabilities (DC), and institutional context.
Tuğba Kaplan, Kader Şahin
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Concomitant of inside-shareholding, group affiliation and firm value: evidence from Pakistan
The present study inspects the comparative effects of inside shareholding on firm value for group-affiliated firms and non-group-affiliated firms in Pakistan.
Waseemullah +4 more
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Despite increasing research on multinationals from emerging economies (EMNEs), our understanding of the antecedents of their international expansion is still limited.
Arindam Mondal, Sarada Devi Gadepalli
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Metallurgical complex of Ukraine: dynamics and development prospects [PDF]
The conducted research reveals the role of the metallurgical complex of Ukraine in world production and export of steel. Its development indicates inertia and is in a pre-crisis condition. But, at the same time, there are prospects for the development of
Nataliya Bykova-Fedorchuk +4 more
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Businesses in Small and Medium Enterprises (SMEs) are considered crucial to the development of societies. Hence, development interventions from international agencies are introduced to these groups to achieve developmental objectives.
Nurudeen Afolabi Sofoluwe +2 more
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Business Groups Reconsidered: Beyond Paragons and Parasites [PDF]
In this paper, we consider the potential paths of Business Group's (BGs) evolution. We organize our analysis around the two dominant perspectives on BGs: institutional voids (IV) and entrenchment/exploitation (EE). We suggest that the empirical evidence does not entirely support either perspective, and neither fully predicts what we sometimes observe ...
Carney, Michael +3 more
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