Showing 1 - 10 of 4,815
institutional quality of the BRI as a global governance platform with IPG characteristics in emerging political and economic …-win game in infrastructure-oriented cooperation. We found that although the BRI has striking achievements in terms of … quantitative criteria, because of qualitative issues concerning its institutional governance structure, not only is the emergence …
Persistent link: https://www.econbiz.de/10012119326
fundamentally different in the PRC along with an examination of relevant legal and corporate governance issues …
Persistent link: https://www.econbiz.de/10013111625
The finance-growth nexus has been a central question in interpreting the unprecedented success of Chinese economy. This paper employs an equity ownership network, reflecting the firm-to-firm equity investment relationship, of all the registered firms in China and shows that the network has been...
Persistent link: https://www.econbiz.de/10012847454
We examine the effect of corruption costs on corporate disclosure of major customers. Using a panel data set for Chinese listed firms over the period 2009-2017 and difference-in-differences estimations, we find that firms with more potential sales-related corruptions respond to the Chinese...
Persistent link: https://www.econbiz.de/10013309735
The move to a more market-oriented economy is associated with evidence of increased inequality in the incomes earned by men and women. The context of our study of this question is the recent large-scale reform of the inefficient state sector, which has caused layoffs of urban workers that...
Persistent link: https://www.econbiz.de/10010605194
Central bank cooperation depends on a few crucial parameters: the extent to which central bankers agree on theory (end … institutional) to achieve their collective goals; and whether the broader political environment facilitates or impedes cooperation … backgrounds. These conditions may be conducive to high levels of cooperation in the future. Second, I explore the "easiest" form …
Persistent link: https://www.econbiz.de/10005121438
The paper begins with a critique of the literature on private sector governance, noting that it emerged at a moment of … markets. The underlying models of corporate governance and state-business relations are then critically examined. Against this …, corporate governance and state-business relations that do not conform to the Anglo-American model and are not easily subjected …
Persistent link: https://www.econbiz.de/10014173741
This paper re-examines the link between globalization and income inequality. We use data for 140 countries over the … period 1970-2014 and employ an IV approach to deal with the endogeneity of globalization measures. We find that the link … between globalization and income inequality differs across different groups of countries. There is a robust positive …
Persistent link: https://www.econbiz.de/10011789164
The paper stresses how Italian and Chinese SMEs internationalize according to different approaches. Indeed, in the former case firms may move abroad because they follow the so-called lead firms, that act as a meta-national body, whereas in the latter case SMEs are committed to exports and/or...
Persistent link: https://www.econbiz.de/10013111829
sources, FPCs initiated by farmers are more inclined to introduce centralized decision-making. The governance structure of …
Persistent link: https://www.econbiz.de/10010307572