Commercial Policy and Foreign Ownership

Commercial Policy and Foreign Ownership

*Ishikawa: Faculty of Economics, Hitotsubashi University, Kunitachi, Tokyo 186-8601, Japan. Fax: +81-(0)42-580-8882; E-mail: [email protected]. Sugita: Stockholm School of Economics, P.O. Box 6501, SE-113 83 Stockholm, Sweden. Tel: +46-8-736-9254; Email: [email protected]. Zhao: RIEB, Kobe University, Kobe 657-8501, Japan. Fax/Tel: +81-78-803-7006; E-mail: [email protected]. We than...

origins of armenia’s foreign policy and its foreign policy towards iran

foreign policy takes root from complicated matters. however, this issue may be more truth about armenia. although the new government of armenia is less than 20 years, people of this territory are the first ones who officially accepted christianity. in very past times, these people were a part of great emperors like iran, rome, and byzantium.armenia is regarded as a nation with a privileged hist...

Identity and Foreign Policy

Innovation and Foreign Ownership

This paper uses a rich panel dataset of Spanish manufacturing rms (1990-2006) and a propensity score reweighting estimator to show that multinational rms acquire the most productive domestic rms, which, on acquisition, conduct more product and process innovation (simultaneously adopting new machines and organizational practices) and adopt foreign technologies, leading to higher productivity....

The role of cross-listing, foreign ownership and state ownership in dividend policy in an emerging market

In this paper, we investigate if dividend policy is influenced by ownership type. Within the dividend literature, dividends have a signaling role regarding agency costs, such that dividends may diminish insider conflicts (reduce free cash flow) or may be used to extract cash from firms (tunneling effect) – which could be predominant in emerging markets. We expect firms with foreign ownership an...