This paper investigates a wide range of plausible determinants of international certification (IC) in Ethiopia. While past studies focus on the effect of international laws, the findings of this paper suggest that domestic pressure and firm capability are also equally important. Besides export...

Unlike previous theoretical studies, we examine the welfare effects of a merger when participating firms are in a pollution-intensive sector. With passive environmental policy we show that profitable mergers reduce welfare; and this is because the reduction in consumer surplus and tax revenue...

The literature on mergers and acquisitions shows that a merger among identical firms does not take place because it is not profitable. This study forms a theoretical framework for understanding mergers among identical firms in a pollution-intensive sector. When a merger occurs the market...

This study provides a theoretical and empirical framework for understanding the determinants of cross-border mergers. Past literature has focused on the effect of trade liberalization as the key factor triggering international mergers. We introduce the idea of flexible policy regime in which...

This paper studies the impact of weather variation on energy use by using 5-minutes interval weather–energy data obtained from two residential houses: house 1 is a conventional house with advanced efficiency features and house 2 is a net-zero solar house with relatively more advanced...