Das integrierte Management von Standorten eines globalen Produktionsnetzwerks stellt für eine Vielzahl produzierender Unternehmen heute eine besondere Herausforderung dar. Zwar eröffnen die lokalen Standortvorteile und -fähigkeiten jedes einzelnen Produktionsstandorts einem Unternehmen...

Recent studies suggest that the correlation of stock returns increases with decreasing geographical distance. However, there is some debate on the appropriate methodology for measuring the effects of distance on correlation. We modify a regression approach suggested in the literature and...

Do investors pay attention to foreign market conditions when they evaluate multinational corporations? Using geographic segment disclosures by US multinational companies, I find that stock prices do not promptly incorporate information regarding changes in foreign market conditions. This, in...

The concept of economic homogeneity in regional science is based on two very different notions: composition and similarity. In the case of the states of the US, measures of homogeneity based on these different notions are negatively correlated with each other, suggesting that the results of...