This paper explores a simple economic search model, and various brokerage cost assumptions, to derive brokerage pricing implications for three dimensions of the home transaction: (1) level of home price, (2) new relative to existing home sales, and (3) co-op relative to non-co-op sales. The...

Some countries produce more multinational enterprises (MNEs) than others. India and China, in particular, have produced a number of dynamic MNEs whose success abroad generates important economic benefits for the home economy. Motivated by this observation, we describe the internationalisation...

Intellectual capital is a firm’s knowledge and knowing capability that enriches and aggregates the firm’s human capital. In so doing, it increases a firm’s capacity for innovation and strategic differentiation. Since intellectual capital is a function of the firm’s social capital, and...

The prevalence of ownership concentration in Asian firms presents a challenge to the influential agency theory-based understanding of the role of corporate boards. In this paper we develop and test hypotheses about board attributes and firm performance that reflect Asian institutional...