Conventional theories about compensation to losers posit that assistance to groups adversely affected by entrepreneurial politics remains static within regimes and across sectors. In contrast, this paper hypothesizes that assistance to those adversely affected by policies depends on...

Globalization has been identified by many experts as a new way firms organize their activities and as the emergence of talent as the new stakeholder in the firm. This paper examines the role of trade integration for the changing nature of the corporation. International trade leads to a 'war for...

This paper develops a theory which investigates how firms' choice of corporate organization is affecting firm performance and the nature of competition in international markets. We develop a model in which firms' organisational choices determine heterogeneity across firms in size and...