Showing 1 - 10 of 270
credit supply towards large multinational corporations. Instead, increased competition and the improvement of subsidiaries … bank affiliates are strongly influenced by the capital allocation and credit steering mechanisms of the parent bank. The … credit growth of subsidiaries therefore potentially depends on the financial health of the foreign based parent bank. …
Persistent link: https://www.econbiz.de/10005125553
Many European countries have faced the erosion of the competitive advantage in the international market with a mixed strategy of productivity increase at home and labour cost reduction abroad, through the international fragmentation of production and subcontracting in low wage countries. Italy...
Persistent link: https://www.econbiz.de/10005412982
commercial bank in Argentina between 1999 and 2001. Using detailed hand collected data on credit approvals, as well as perceived …
Persistent link: https://www.econbiz.de/10005077034
We combine two data sets to study price rigidity. The first consists of weekly time series of retail, wholesale, and spot prices for twelve products. These time series contain two exogenous cost shocks. We find that prices exhibit more rigidity in response to the second shock than the first. The...
Persistent link: https://www.econbiz.de/10005412696
Corporate venturing as a strategy for international business development has become significant in view of the process of globalization resulting into the free trade and business development opportunities for multinational companies. This study is based on empirical investigation through...
Persistent link: https://www.econbiz.de/10005076887
This study analyzes the interaction of agency problems in public policy and of agency problems inside the firm: it investigates the case of a large privatized firm subject to many policy constraints. The last steps of Telefonica's privatization were designed to promote a disperse ownership and...
Persistent link: https://www.econbiz.de/10005413213
This paper analyses the evolution of Corporate Governance (CG) mechanisms and organizational changes of the Hellenic Telecommunication Organization (HTO) and has two objectives: to enrich the debate and to contribute to the increasing body of literature by examining and analyzing the...
Persistent link: https://www.econbiz.de/10005561676
Technology transfer agreements between universities and industrial companies usually involve royalties, sublicensing considerations and allocation of equity. This article extends the analysis of my previous one ("The Economic Sense of Royalty Rates", ewp-fin/970903)to deal with sublicensing...
Persistent link: https://www.econbiz.de/10005076945
Academic institutions, involved in technology transfer to industry, are always concerned about the "fairness" of the royalty rate payable to them. The common method used by practitioners is the "Industry-Standard Approach" which is based mainly on past experience. However such approach is very...
Persistent link: https://www.econbiz.de/10005134686
intermediaries. Our empirical results show that large companies with abundant cash and collateral tap the credit markets directly …
Persistent link: https://www.econbiz.de/10005134863