This study attends to equivocal results regarding the relationship between equity control and international joint venture (IJV) performance by proposing a transaction-cost-based contingency framework. We examined the moderating effects of asset specificity and uncertainty on the relationship between foreign parent equity control and IJV survival in an empirical setting of Japanese IJVs in 12 As...

The paper analyzes the information and agency cost effects of bank equity stakes in a universal banking system where banks can also be shareholders in borrowing firms. We test the agency and signaling hypotheses explaining the bank motivations for holding equity of borrowing firms in the Spanish market and we analyze the share abnormal returns around the announcements of bank equity holdings. T...

BACKGROUND Efficiency and equity are both important policy objectives in resource allocation. The discipline of health economics has traditionally focused on maximising efficiency, however addressing inequities in health also requires consideration. Methods to incorporate equity within economic evaluation techniques range from qualitative judgements to quantitative outcomes-based equity weights...

This paper investigates how data requirements can induce a non-random selection of observations from the reference sample to which the researcher wishes to generalize test results. We illustrate the effects of non-random sampling on results of association tests in a setting with data on one variable of interest for all observations, and frequently-missing data on another variable of interest. W...

Assuming a no arbitrage environment, this article analyses the role of the government in the context of company valuation when …rms follow di¤erent …nancial policies. For the two analyzed …nancial policies, the tax authority’s required returns and the value of tax payments are derived. Based on these results, we study the risk sharing e¤ects between equity owners and the government. It is shown...

nowadays, suppliers in order to maintain and improve their positions against othernational and international suppliers take advantage of their brand equity, but the problem is that industrial suppliers do not know what factors are influencing for development and promotion industrial brand equity and also do not know how to enhance brand equity, to improve brand performance in industrial markets...

Benefit cost analysis (BCA) is a widely used method of assessing environmental policies. One of the limitations of BCA is the incorporation of equity considerations into an analysis. While this is theoretically possible through the application of distributional weights, this practice has not been generally adopted due to difficulties in determining appropriate weights. This paper suggests that ...

Regulation Fair Disclosure (Reg FD) prohibits selective disclosure of material information to a subset of market participants such as analysts and institutional investors without simultaneously disclosing the same information to the investing public. We examine the effect of Reg FD on the cost of equity capital. If Reg FD curtails selective disclosure without a significant adverse effect on the...

equity in settlement of foreign investment disputes regard of equity in judicial and non-judicial settlement of disputes is necessary. because of the international area of justice in the foreign investment disputes, the equity is more important in these cases. study of international review shows the following and predication of the equity in the adjudges. so that the equity is the basic princip...

background: in this regard, in iran a plan was developed and accordingly 52 indicators to measure equity inhealth were developed and announced by the ministry of health in collaboration with other sectors.this study aims to obtain a deeper understanding of the development of health equity indicators andidentify their implementation challenges and proposed solutions from the perspective of polic...