Introduction : state capture, political risk and international business / Johannes Leitner and Hannes Meissner -- Corruption, favouritism and institutional ambiguity as political risks : insights from the concept of neopatrimonialism / Hannes Meissner -- Political risk and international business...

Was macht den gigantischen Erfolg von Cliquen wie Goldman Sachs, Kirche, Google oder der Mafia aus? Zweifellos virtuos verstehen sie es, in der Wirtschaftswelt zu agieren, ihr Know-how ständig zu professionalisieren, weltweite Netzwerke zu spannen und um sich herum eine charismatische Aura zu...

We quantify the causal effect of foreign investment on total factor productivity (TFP) using a new global firm-level database. Our identification strategy relies on exploiting the difference in the amount of foreign investment by financial and industrial investors and simultaneously controlling...