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This paper focuses on the differences of capital market accessibility and investigates the determinants of firm debt securities issuance in emerging countries. The following results are derived from the empirical analysis. First, country panel analyses showed that the debt securities market...
Persistent link: https://www.econbiz.de/10009323440
Traditional economic studies of innovation, built on the contribution of Schumpeter, cannot explain why firms of the … same size and market power can show largely different innovation performances. Contrastingly, the literature on corporate … governance provides some useful insights for understanding corporate innovation activity, to the extent that such literature …
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This paper investigates institutional factors affecting the performance of genuine savings (GS), which is often used in assessing sustainable development, adopting a model of autoregressive conditional heteroscedasticity in mean. We pay particular attention to the contribution of institutions to...
Persistent link: https://www.econbiz.de/10011260427
This paper presents a future figure of Genuine Saving with population growth (GSn). This was enabled by using an integrated assessment model, similar to the RICE model by Nordhaus. The model consists of sub-models that evaluate various kinds of mineral resources and environmental impacts....
Persistent link: https://www.econbiz.de/10005078652