which financial globalization can be a substitute for reforms of domestic financial system. Inefficient financial system and … investment. While financial globalization always improves the welfare of a developed country with a good financial system, its …

"How does increasing globalization affect corporate transparency? Freer trade represents different facets and in theory … allows separate estimation of the two potentially opposing channels. We employ three different measures of corporate … sector-country-year level, and a second measure of globalization-induced product market competition based on a country's own …