Results 1 to 10 of about 82,359 (46)
Financial Structure and Bank Relationships of Italian Multinational Firms
Social Science Research Network, 2022 This paper examines the financial structure and the bank relationships of Italian multinational firms. We show that multinationals are on average more leveraged than noninternationalized firms. Moreover, they have larger shares of both financial debt and
Raffaello Bronzini +2 more
semanticscholar +1 more source
Innovation and Production in the Global Economy
The American Economic Review, 2018 We develop a quantifiable general equilibrium model of trade and multinational production (MP) in which countries can specialize in innovation or production.
Costas Arkolakis +3 more
semanticscholar +1 more source
Cultural Distance, Firm Boundaries, and Global Sourcing
Social Science Research Network, 2023 Casual observation suggests that cultural differences play an important role in business transactions, yet systematic evidence on this relationship is scarce.
Y. Gorodnichenko +2 more
semanticscholar +1 more source
Business Research Quarterly, 2023 Based on an institutional perspective, this study examines the influence of the social desirability of entrepreneurship on early-stage entrepreneurs’ internationalization and the moderating role of home country economic freedom.
Joan‐Lluís Capelleras +2 more
semanticscholar +1 more source
Toward an updated corporate governance framework: Fundamentals, disruptions, and future research
Business Research QuarterlyThis essay explores the evolving landscape of corporate governance amid global disruptions and changing stakeholder demands. We argue that traditional governance models are unable to effectively address contemporary challenges such as technological ...
Ruth V. Aguilera, Maria Ruiz Castillo
semanticscholar +1 more source
Corruption, Chinese Investment, and Trade: Evidence from Africa
Journal of Emerging Market Finance, 2022 We investigate whether corruption in host countries drives the different routes of Chinese economic engagement with Africa. Using data from 49 African countries for 2000–2018, we find that corruption affects each route of China’s engagement with Africa ...
V. Tawiah, J. Kebede, Anthony K. Kyiu
semanticscholar +1 more source
The Production Relocation and Price Effects of US Trade Policy: The Case of Washing Machines
The American Economic Review, 2019 We estimate the price effect of US import restrictions on washers. The 2012 and 2016 antidumping duties against South Korea and China were accompanied by downward or minor price movements along with production relocation to other export platform ...
Aaron Flaaen +2 more
semanticscholar +1 more source
The Long-Term Effects of Management and Technology Transfers
The American Economic Review, 2019 This paper examines the long-run causal effects of management on firm performance. Under the United States Technical Assistance and Productivity Program (1952–1958), the United States organized management training trips for Italian managers to US firms ...
Michela Giorcelli
semanticscholar +1 more source
The Impact of Brexit on Foreign Investment and Production
American Economic Journal: Macroeconomics, 2020 Using simulations from a multi-country neoclassical growth model, we analyze several post-Brexit scenarios. First, the United Kingdom unilaterally imposes tighter restrictions on FDI and trade from other EU nations. Second, the European Uunion retaliates
Ellen R Mcgrattan, Andrea Waddle
semanticscholar +1 more source
The Elephant in the Room: The Impact of Labor Obligations on Credit Markets
The American Economic Review, 2019 We show that labor market frictions are first-order for understanding credit markets. Wage growth and labor share forecast aggregate credit spreads and debt growth as well as or better than alternative predictors.
Jack Y Favilukis +2 more
semanticscholar +1 more source