Closed-end country funds are interesting in that they have two sets of prices for the same underlying assets – the net asset value (NAV) of the fund holdings as measured using the underlying firms' stock prices in their home markets and the fund price at which the fund trades on a U.S. stock...

Using the firm-level data over 1989-2012 from 53 countries, we find religiosity in a country is positively associated with trade credit use by local firms. Specifically, after controlling for firm- and country-level factors as well as industry and year effects, we show that trade credit use is...

Low Carbon Transportation.- Industrial Security under Low Carbon Development -- Workshop on Green Supply Chain Management -- Low Carbon Logistics -- Green Buildings -- Low-Carbon Technology And Low-Carbon Policy -- Low-Carbon Project Management -- Worshop on Low-Carbon Transportation and...

We document large cross-sectional variation in the speed of information diffusion between U.S. suppliers and their international principal customers. Based on the rigorous and comprehensive framework of risks in emerging markets from Karolyi (2015), we find that market operating efficiency is...