This thesis gives an introduction to the principles of modern interest rate theory. After covering the basic tools for working in an environment with stochastic interest rates, we introduce different models for the term structure. The principals of risk neutral pricing are introduced and the...

Many emerging economies recently have launched ambitious efforts to privatize state-owned enterprises (SOEs). However, not all privatization entails complete ownership transfer from public to private hands. In many industries, especially in infrastructure industries, privatization has often been...

This study examines the response of Korean steel firms after being assessed antidumping duties in the United States. The U.S. market represents the second largest export market for Korea (after China), but increased liberalization in the Korean economy since the 1997 financial crisis has...

We investigate the impact of market-supporting institutions on business strategies by analyzing the entry strategies of foreign investors entering emerging economies. We apply and advance the institution-based view of strategy by integrating it with resource-based considerations. In particular,...

Due to technology, the lowering of trade barriers and the globalization of markets has exploded, and been made into actuality. When it comes to information technology and global business, this project examines the past and present, and attempts to predict the future. From an educational...

In emerging markets, joint venture is a dominant form of competition for multinational corporations. Drawing from the resource-based view of the firm and evolutionary perspective, I developed a theoretical framework that synthesizes our knowledge regarding timing of joint venture formation,...