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The innovation activities of foreign subsidiaries have been identified as an important source of competitive advantage for multinational corporations. The success of these engagements depends heavily on tapping host country pools of localized expertise. To achieve this foreign subsidiaries have...
Persistent link: https://www.econbiz.de/10003319681
This paper investigates whether transfer pricing of intrafirm sales within multinationals represents an important … directly the supposed tax response of intrafirm sales. The analysis shows a significantly negative impact of the local tax rate … on the size of balance sheet items, which reflect intrafirm sales. Thus, the results suggest that transfer pricing of …
Persistent link: https://www.econbiz.de/10003401051
International knowledge spillovers, especially through multinational companies (MNCs), have recently been a major topic of the academic and management discussion. However, most studies treat MNC subsidiaries as relatively passive actors without clear knowledge protection strategies. The goal of...
Persistent link: https://www.econbiz.de/10003806175
This study readdresses the determinants of business cycle synchronisation. We test, on the one hand, whether FDI promoting policies may have consequences for the business cycle comovement between countries, and on the other hand, whether more plausible identification strategies change previous...
Persistent link: https://www.econbiz.de/10010519622
The main characteristic of the implementation of the European Monetary Union (EMU) is the transition from various national currencies to the Euro, the common European currency. A final fixing of the individual bilateral exchange rates of all European countries involved in the Monetary Union...
Persistent link: https://www.econbiz.de/10011442518
The paper investigates the business cycle relationships between the EU-15, the EU-11, as well as the EU-core countries for the period 1971 to 1997. Emphasis is put on the question whether there is a synchronization in the national business cycles or not. Using One-way- and Two-way-Anova...
Persistent link: https://www.econbiz.de/10011442599
modelling approach and estimation results for the trade submodels are presented in some detail and simmulation results for the …
Persistent link: https://www.econbiz.de/10011444754
manager-led firms are more active innovators : the share of sales based on new products is larger if firms' managers do not …
Persistent link: https://www.econbiz.de/10011446303
cement producers to study the value of such transaction data for an estimation of cartel damages. In particular, we …
Persistent link: https://www.econbiz.de/10009550259
, depicting the relationship between the firms’ pre-treatment export-sales ratio and their subsequent sales growth rate as a …
Persistent link: https://www.econbiz.de/10003319677