The main objective of this paper is to investigate the relation between the foreign ownership and firm performance. The study was conducted for the companies listed on Bucharest Stock Exchange, in the first, second and third categories. The financial companies and the credit institutions were excluded from the sample. The final sample included 63 companies. Return on Assets and Return on Equity...

© L p i Journal of Shipping and Trade (JST) is an open access and multi-disciplinary academic journal that focuses both shipping business and transport related areas. Shipping is closely associated with trading activities. JST aims to promote best practices in shipping and to facilitate global trade activities. JST provides a platform for academics and policy makers in the shipping and trade re...

Note Symbols of United Nations documents are composed of capital letters with figures. Mention of such a symbol indicates a reference to a United Nations document. The designations employed and the presentation of the material in this publication do not imply the expression of any opinion whatsoever on the part of the Secretariat of the United Nations concerning the legal status of any country,...

• Symbols of United Nations documents are composed of capital letters combined with figures. Mention of such a symbol indicates a reference to a United Nations document. • The designations employed and the presentation of the material in this publication do not imply the expression of any opinion whatsoever on the part of the Secretariat of the United Nations concerning the legal status of any ...

a r t i c l e i n f o A political-economy model is developed to explain why fiscal decentralization may have a non-monotonic effect on FDI inflows through endogenous policies. Too much fiscal decentralization hurts central government incentives, whereas too little fiscal decentralization renders the local governments vulnerable to capture by the protectionist special interest groups. Moreover, ...

Special economic zones (SEZs) are mushrooming across the developing world. Increasingly, policymakers resort to with aim of turning around their countries’ fortunes. Zones expected deliver greater innovation, exports, knowledge and technological spillovers. Yet, little is known about state play SEZs in Africa, where almost half SEZ programmes less than 10 years old. The recent proliferation con...

The UN Preparatory Committee for the Second United Nations Development Decade entrusted to CESI, which is associated with the Office of Public Information, the preparation of a report on the measures undertaken and envisaged « with a view to mobilizing public opinion in regard to the objectives of the Second Development Decade ». The Report is also to be considered a response to similar request...

1106 Vol 350 • October 11, 1997 3 WHO. Management Sciences for Health in Collaboration with World Health Organization Action Programme on Essential Drugs. In: Management drug supply. Hartford: Kumavian Press, 1997. 4 Market News Service. Pharmaceutical Raw Materials/Essential Drugs, International Trade Centre, UNCTAD/GATT in collaboration with the World Health Organization. August, 1997. Indeed...

In the present study we have used data from 276 family-owned Taiwanese manufacturing firms that invest in China in order to examine the effect of firm resources in Taiwanese firms on FDI performance in China. Hypotheses were developed and it was found that firm-specific advantages like firm size, R&D intensity, international experience, and managerial capabilities had a positive influence on bo...

Note Symbols of United Nations documents are composed of capital letters with figures. Mention of such a symbol indicates a reference to a United Nations document. The designations employed and the presentation of the material in this publication do not imply the expression of any opinion whatsoever on the part of the Secretariat of the United Nations concerning the legal status of any country,...