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Firm insiders a manager and a board face moral hazard in relation to their outside shareholders in a repeated game with asymmetric information and stochastic market outcomes. The manager determines whether or not outsiders are cheated; the board, whose objectives differ from those of outside...
Persistent link: https://www.econbiz.de/10009363724
This paper tries to analyze the interrelationship between possibilities of conflict in cross border mergers and acquisitions and firm and market characteristics in a two country three firm model. We show that in general an increase in asymmetry across firms reduces the possibility of conflict...
Persistent link: https://www.econbiz.de/10009365327
This paper studies factors associated with firm participation in export markets, focusing primarily on firm size and access to credit, based on a survey sample comprising observations of 8,080 small and medium enterprises (SMEs) (with fewer than 100 employees) and non-SME firms in developing...
Persistent link: https://www.econbiz.de/10010901622
This paper studies factors associated with firm participation in export markets, focusing primarily on firm size and access to credit, based on a survey sample comprising observations of 8,080 small and medium enterprises (SMEs) (with fewer than 100 employees) and non-SME firms in developing...
Persistent link: https://www.econbiz.de/10010901625
(Malaysia, Singapore, Thailand). The objective was to share international migration management issues from the perspective of a … countries, the Cambodia research team studied the high frequency cross-border crossings into Thailand that is dominated by …
Persistent link: https://www.econbiz.de/10011277965
In Thailand climate change has been integrated into the formulation of several national plans and policies. Even … though Thailand is not obligated to reduce greenhouse gas emissions, it voluntarily takes numerous actions to mitigate … and efficiency are the primary means to mitigate greenhouse gas emissions in Thailand. With the establishment of the …
Persistent link: https://www.econbiz.de/10011277997
(PRC), Thailand, and the Philippines. Technology-based approaches to trade offer a plausible explanation for firm …€™ education, and capital also matter in the PRC as well as accumulated experience in Thailand. Furthermore, a technology index …
Persistent link: https://www.econbiz.de/10011277999
two most active ASEAN countries in production networks (Thailand and Malaysia) and examines the effect of participating in …
Persistent link: https://www.econbiz.de/10011278002
trilemma constraint and general, banking, or debt crises. Third, Thailand experienced such a deviation from the trilemma … affected economies experienced crises mainly due to contagion from Thailand. …
Persistent link: https://www.econbiz.de/10011278057
(PRC), Thailand, and the Philippines. Technology-based approaches to trade offer a plausible explanation for firm …€™ education, and capital also matter in the PRC as well as accumulated experience in Thailand. Furthermore, a technology index …
Persistent link: https://www.econbiz.de/10011278060