This paper examines the extent to which country characteristics explain affiliate sales and research and development (R&D) by foreign multinational firms in a sample of 16 OECD countries. Empirical results show that multinational activity is positively related to similarities in size and per capita income between the source and host country, giving support to the model of horizontal multination...

This paper examines the impact of the volatility of foreign portfolio investment on the financial constraints of small firms. Utilizing a dataset of over 195,000 firm-year observations across 53 countries, I examine the impact of foreign portfolio investment instability on capital issuance and firm growth across countries and firm characteristics, in particular size. After controlling for the e...

The present paper exhibits the growth of information technology in various bank groups. In our country in 2009, 79 percent branches are under core banking. The maximum technology is taking place in new generation private sector banks as well as foreign banks. 43.5 percent are off site ATMs in our country. Public sector banks have more on site ATMs whereas new private sector banks and foreign ba...

This paper will discuss the policy of the Socialist Federal Republic of Yugoslavia during the Cold War period, and some of its repercussion for the current Serbian foreign policy. The SFR Yugoslavia, though a communist country, did not belong to the Eastern bloc (WTO). Due to its political orientation and geographical role it did not belong to the Western bloc (NATO) either. Therefore, Yugoslav...

This paper examines tax competition between a unionized and a nonunionized country for the location of an outside firm. We show that unionization offers an extra incentive for the government to attract a foreign competitor to a concentrated domestic market, in order to limit the power of the domestic union. This results in the unionized country’s government offering a tax discount (or a subsidy...

interests lie in the area of headquarters-subsidiary relationships, international human resource management and cross-cultural management. Abstract This study investigates executive staffing practices in foreign subsidiaries of multinational corporations. Grounded in a literature review of the reasons for employing either parent country nationals or host country nationals in top management posi...

We study the case where parallel trade (PT) stems from government price controls in a foreign country. We remove the presumption that PT blunts dynamic efficiency if the government has partial commitment ability. We model the R&D firm’s option to serve the foreign country, and find that PT may improve quality, depending on preferences for quality. Improving quality may be a sufficient condition...

Three studies presented scenarios to lay people to investigate their willingness to restrict imports. Greater restriction was preferred when similar goods were made at home, when the owners of the foreign businesses made very good profits, and, less consistently, when the goods came from a low wage country. Particular reluctance to import from a low-wage country did not vary with whether a home...