Showing 1 - 10 of 83
This study examines the effects of institutional and foreign ownership on the outward foreign direct investment (FDI) of Chinese firms. Based on agency theory and the resource-based view, we argue that secondary shareholders, i.e., institutional and foreign shareholders, are active and effective...
Persistent link: https://www.econbiz.de/10011277976
We investigated whether differences in quality of firm-level corporate governance can explain the firm-level performance in a cross-section of companies listed at Karachi Stock Exchange. Therefore, we analysed the relationship between firm-level value as measured by Tobins Q and total Corporate...
Persistent link: https://www.econbiz.de/10009363281
In this study the relationship between corporate governance and corporate valuation, ownership structure and need of external financing for the Karachi Stock Market is examined for the period 2003 to 2008. To measure the firm- level governance a rating system is used to evaluate the stringency...
Persistent link: https://www.econbiz.de/10009363300
The relation between multiple directorships, busy directors and firm performance has been researched predominantly in the context of developed economies, notably the US. This paper extends the existing literature on multiple directorships in two ways; first, by providing additional evidence on...
Persistent link: https://www.econbiz.de/10009363728
The information and communication technology (ICT) revolution of the past 3 decades has transformed the world into an integrated marketplace. Today, producers and consumers alike are able to compare the prices of local businesses and worldwide sellers. For an increasing number of tradable goods,...
Persistent link: https://www.econbiz.de/10010857580
The information and communication technology (ICT) revolution of the past 3 decades has transformed the world into an integrated marketplace. Today, producers and consumers alike are able to compare the prices of local businesses and worldwide sellers. For an increasing number of tradable goods,...
Persistent link: https://www.econbiz.de/10010857584
This paper focuses on the pricing behavior of Japanese and United States firms selling their identical products in New York City, Chicago, Osaka, and Tokyo. The authors utilize some simple models of international price dispersion and market segmentation that generate predictions about testable...
Persistent link: https://www.econbiz.de/10011277998
This paper discusses Japan’s strategy for Asian monetary integration. It argues that Japan faces three major policy … a leadership role in this endeavor. There is no question that Japan and the PRC are such potential leaders, and the two … monetary zone in Asia, Japan needs to make significant efforts at the national and regional levels and further strengthen …
Persistent link: https://www.econbiz.de/10011278016
Asia is fast becoming the largest recipient of Japan's foreign direct investment (FDI). Within the Asian region, the … Association of Southeast Asian Nations (ASEAN) has been the major investment destination of Japan. In the manufacturing sectors …, however, the investment flows from Japan to ASEAN—with Thailand being the largest recipient—has been declining. In …
Persistent link: https://www.econbiz.de/10011278055
Japan’s changing structure of trade, FDI and economy that underlay policy changes. We argue that until the late 1990s Japan … Japan-US bilateralism sometimes resulted in “managed trade†and encountered negative perceptions of the US approach in … Japan, overall, it had a positive impact on the Japanese economy in opening domestic markets through various reforms and …
Persistent link: https://www.econbiz.de/10011278084