To conclude, if the political risk theoretically means anything, it means thinking about thefuture role of Nation-States, of culture, history and geography and market forces in theshaping of the international economic order. In considering the political risks in theirstrategies, MNCs as the...

Technology transfer and the so-called productivity spillover-effects are important aspects of foreign direct investments regarding their contribution to the long-term development potential of the host countries.The effects of the foreign direct investments on the foreign and domestic companies...

Obgleich die traditionellen Bestimmungsfaktoren für ausländische Direktinvestitionen wie z.B. Marktgröße, Arbeitskosten und Niveau der Infrastruktur keineswegs generell an Bedeutung verloren haben, spielt heute die Existenz vorhandener regionaler Cluster eine ausschlaggebende Rolle für die...

We study the role of employment protection legislation (EPL) in explaining the relative small average size of Italian firms. We construct a simple model that shows that the smooth relation between size and growth probability is disturbed in proximity of the thresholds at which EPL applies...

In many countries, Employment Protection Legislation (EPL) establishes different regulations for certain groups of workers who face more disadvantages in the labor market (young workers, women, unskilled workers, etc.) with the aim of improving their employability. Well-known examples are the...

In light of the huge cross-country differences in job losses during the recent crisis, we study how labor market duality - meaning the coexistence of "temporary" contracts with low firing costs and "permanent" contracts with high firing costs - affects labor market volatility. In a model of job...

La intervención de los juzgados de lo Social en casos de despido da lugar a que pueda existir una diferencia importante entre las indemnizaciones por despido establecidas por la ley y los costes efectivos de despido (después de su resolución). Además de los costes asociados al procedimiento...

This paper analyses the effect of environmental and quality improvement practices on the value added of the fruit and vegetable sector. These practices form part of the incentive-based programmes established by the Common Agricultural Policy. Taking the investment in quality-environmental...

This paper analyzes the effects of different sequences of remedies on the incentives of sellers to invest in product quality and on the probability of contract termination. Despite ambitious efforts by the EU to harmonize national legislation, sales laws still differ significantly in Europe. The...

Die Arbeit setzt sich mit den US-GAAP und IFRS Vorschriften zur Bilanzierung latenter Steuern im Einzel- und Konzernabschluss auseinander. Divergierende Vorschriften zwischen den Rechnungslegungsnormen werden herausgearbeitet und auf ihre Auswirkungen auf den Jahresabschluss hin analysiert....