Chinzara, Ziv; Lahiri, Radhika; chen, En Te - School of Economics and Finance, Business School - 2012
The study examines the impact of financial globalisation on intra-sector and inter-sector firm level reallocation of … that financial globalisation is associated with a reduction of the dispersion of firms' marginal returns around their … sectoral steady states suggesting that financial globalisation enhances efficient reallocation of capital. The benefits of …