This study examines how national culture affects corporate investment. We argue that national culture affects corporate … investment efficiency through the level of secrecy that national culture exhibits. Using a sample of firms from eight culturally … investment efficiency after controlling for a number of firm- and country-level factors. We also find that the negative relation …

Slovakia) since the late 1990s, linking their take-off to the opening to trade and infusion of foreign direct investment (FDI … foreign investment as a share of GDP in the recent global history, and this has contributed to productivity convergence. We …

difficult. This book attempts to provide a deeper understanding of the interaction between investment, knowledge spillovers and … empirical evidence regarding the spatial dimension of investment, entrepreneurship and knowledge spillovers, and features both …-country investment. Innovative methodologies and unique new models are then used to provide lessons and policy implications for economic …

We evaluate the impact of competition on investments in Europe’s mobile communications market during the 2011 … economic theory suggests these could be partly explained by the dynamic effects of competition on the ability and incentives to … players can result in diseconomies of scale and a less efficient use of resources. We also find evidence that investment …