Global economic shocks, geopolitical tensions, and an intensified backlash against globalization are changing the outlook for growth and economic cooperation in trade-oriented economies. We provide a comprehensive review of these developments using a new CGE model that also analyzes effects on...

Understanding value creation at the transaction level is at the heart of explaining private equity (PE) returns. Taking advantage of a proprietary sample of 2,029 international buyout deals executed between 1984 and 2013 we provide detailed evidence on financial, market and operational value...

Globalization has made whole stock markets integrated. Another investment's instruments e.g. commodity and forex have shown a link among stock market, commodity market, and forex market. This research aim's to indicate link among world stock market and commodity market on domestic stock market...

The disruption of the trade and investment activities of multinational enterprises as a consequence of the Covid-19 pandemic has reinvigorated the debate on the configuration of global value chains (GVCs) as well as the risks and challenges associated with offshoring. This article depicts how...

Aim: A theoretical understanding of the process, causal linkages, and dynamics of creating shared value (CSV) is largely missing in the field of shared value creation and sustainable development. Hence, this research is explorative by nature and aims to contribute to theory building in this...

This report builds on the OECD’s longstanding work measuring government support in agriculture, fossil fuels, fisheries, and more recently in the aluminium value chain in order to estimate producer support and related market distortions in the semiconductor value chain. Results for 21 large...

The purpose of this study is to analyze the impact of the level of corporate transparency on a market-based measure of shareholder value creation (Fernandez, 2002) during periods of financial crisis. Our sample consists of Spain's IBEX35 stock index constituents during the ten year period of...

In recent years, demutualized stock exchanges have been increasingly engaging in M&A and alliance activities. To examine the effect of these growth strategies on exchange shareholders' value creation, we focus on 14 public stock exchanges and investigate their short-run share price responses to...