political risk. We focus on two choice variables, the leverage and the ownership structure of the foreign affiliate, and we … leverage can both increase or decrease, depending on the type of political risk. Using the Microdatabase Direct Investment of …

Relying on the linkage and leverage theory, the paper aims at reviewing critical issues related to China's economic …" initiative, China became an assertive competitor in Europe, acting on a "divide et impera" strategy through bilateral or …: 1) Is EU in competition with China and how the confrontation takes place? 2) Which are the EU's countries more likely to …

reference to China and India, with their very distinctive public policy approaches. Much of the economics literature either does …

' innovation in China. Based on a sample of 926 small businesses derived from the World Bank Enterprises Survey in China (2012), we … emerging economies where high uncertainties are a barrier to innovation. We know from previous studies that linkages to … find that university-industry linkages enhance innovation, though only when it comes to minor forms of innovation. In line …

of non-financial firms’ leverage carry over to banks, except for banks whose capital ratio is close to the regulatory … important determinant of banks’ capital structures and that banks’ leverage converges to bank specific, time invariant targets. …

This paper documents that standard cross-sectional determinants of firm leverage also apply to the capital structure of …

) family firms are considered to be the backbone of the economy. We find that family firms have significantly lower leverage … ratios than non-family firms, independent of the definition of leverage applied. Among the three dimensions of a family firm …, management board involvement by the founding family has a consistently negative influence on leverage across all our models. In …

and how this interaction is affected by ownership structure. We show that firms in our sample increase their leverage … that the leverage of these firms has a positive and significant effect on regulated prices, but not vice versa, and it also … privately-controlled firms use leverage strategically to shield themselves against regulatory opportunism. …

This paper aims to shed light on firm specific drivers that lead firms to internationalise their innovation activities …’s competitive environment and the influence of innovation obstacles in the home country. In particular, the role of … driving forces are used to observe their impact on the decision to locate innovation activities in various countries and …