To model, from its inception, inter-enterprise network formation and its interaction with foreign investment across an entire epoch of rapid and profound economic transformation, we gathered data on the complete ownership histories of 1,696 of the largest Hungarian enterprises from 1987 to 2001. We develop a social sequence analysis to identify distinctive pathways whereby firms use network res...

This paper used data from firms operating in twenty Latin American countries to evaluate whether firms’ perceptions about the nature and predictability of governments’ regulatory policies, the prevalence of intervention in the domestic economy, and the degree to which corruption served as an obstacle to business activity influenced firms’ growth. The paper also tested whether firms’ size or mul...

ORGANIZATIONAL CROSS-CULTURAL ADAPTATION THROUGH SOCIAL NETWORKS: A Multiple-Case Study Of Chinese Firms Operating In The United States BY JING BETTY FENG APRIL 21, 2014 Committee Chairs: Dr. Leigh Anne Liu & Dr. Daniel Bello Major Academic Unit: Marketing I report on the findings of an inductive, interpretive multiple-case study of organizational cross-cultural adaptation and answer the questi...

The presence of other firms in a foreign market can have a double-edged effect on the profitability of new entrants. Firstly, a larger presence of other firms implies more competition and thus lowers the earnings prospects of new entrants. Secondly, there might be positive spill-over effects between the activities of new and old entrants, which can lead to clustering effects. Such clustering of...

This paper examines a panel sample of Chinese firms with and without foreign Bshare listings over a nine-year period from 1998 to 2006 to address the changing role of cross-listing in shaping corporate earnings management, stock price informativeness, and firm value, contingent upon increased market integration. In line with the “bonding hypothesis” of Coffee (1999, 2002) and Stulz (1999), we f...

The world financial crisis initiated in 2008 may have affected the international financing mix of firms in Brazil and their determinants, given its aftereffects. Financial crisis are recurrent events with varying degrees of severity. Many public Brazilian firms use international financing in their capital structure mix and it is relevant to understand their behavior during international crises....

To date no study has been made to explore the FDI motives of foreign firms in Pakistan. An attempt has been made to rectify this position through a survey of both whollyand majority-owned multinational enterprises (MNEs) in the economy. Market size and growth variables appear to be the most cited reasons for FDI by MNEs in the sample. The use of exploratory factor analysis (EFA) also reinforces...

Working papers are in draft form. This working paper is distributed for purposes of comment and discussion only. It may not be reproduced without permission of the copyright holder. Copies of working papers are available from the author. Carbon regulation is intended to reduce global emissions, but there is growing concern that such regulation may simply shift production to unregulated regions ...

This paper presents an econometric analysis of the characteristics of firm’s cooperating with universities using Community Innovation Survey (CIS) data for 14 European countries. Our model incorporates three groups of variables which could be related to the probability to cooperate with universities. The first group of variables is related to the size of a firm, the second group measures differ...

We develop a three-country version of the Helpman, Melitz and Yeaple (2004) model with firm heterogeneity, industry heterogeneity and country heterogeneity to study firms’ foreign market entry strategies. We show that (i) for any single host country, the export-FDI cutoff is higher in more skill-intensive industries than in less skillintensive industries; and (ii) for any single industry, the c...