The study explores the primary determinants of Indian OFDI in 26 developed and 81 developing countries by integrating a nuanced perspective of institutional distance with conventional location factors (2008-2018). Our findings indicate that asset augmentation and market-seeking motives are the...

We propose a simple network–based methodology for ranking systemically important financial institutions. We view the risks of firms –including both the financial sector and the real economy– as a network with nodes representing the volatility shocks. The metric for the connections of the...

We analyze whether four market-based measures of the global systemic importance of financial institutions offer early warning signals during three financial crises. The tests based on the 2007/2008 crisis show that only one measure (∆CoVaR) consistently adds predictive power to conventional...

This paper highlights and explores the emergence of informal sector firms (ISFs) in international business. Due to increasing size and significance of the informal economy in the global context (particularly emerging markets), we also attempt to understand the characteristics and relevance of...