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This book links the environment and corruption with China's large inflows of foreign direct investment (FDI). It … investigates the effects of economic development and foreign investment on pollution in China; the effects of corruption and …
Persistent link: https://www.econbiz.de/10014484825
The institutionalization of private property rights promotes economic development. Political corruption, it is widely … increasingly corrupt, yet broke world growth records. We resolve this paradox by highlighting the way systemic corruption can … principal-agent model to study the mechanism by which systemic corruption's impact on political risk affects individual …
Persistent link: https://www.econbiz.de/10012844262
The article draws on the concepts of cultural and political embeddedness to analyse the local embeddedness of a global transnational engineering firm in transforming economies. It compares the process of the negotiations for and the acquisitions of assets undertaken by ABB in Wroclaw, Poland and...
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The economic power of Brazil, Russia, India and China (BRICs) is rapidly increasing, changing the landscape of global …
Persistent link: https://www.econbiz.de/10011851664
China Investment Corporation (CIC) achieved a return of 11.7% on its overseas assets (global portfolio) in 2010. In the same year, it made $35.7 billion of new investments and continued to make direct investments in resource and energy projects. In addition, it reorganized its investment...
Persistent link: https://www.econbiz.de/10013109244
Global firms finance themselves through foreign subsidiaries, often shell companies in tax havens, which obscures their nationality in aggregate statistics. We associate the universe of traded securities with their issuer's ultimate parent and restate bilateral investment positions to better...
Persistent link: https://www.econbiz.de/10012843191
The CIC achieved a 9.33% return on its global investment portfolio in 2013. The portfolio's asset allocation in 2013 revealed an increased allocation of assets to equity investments. Going forward, the CIC plans to focus on investments in the agriculture, high-tech, infrastructure and real...
Persistent link: https://www.econbiz.de/10013025029