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An important factor influencing corporate finance and economic growth in China lies in its government sponsored … industrial policies. Examining China’s five-year plans during 1991-2010, we find that state-owned firms in government supported …
Persistent link: https://www.econbiz.de/10011845000
important force behind the growth of China's national economy. However, information technology-related electrical and electronic … waste has also caused a considerable environmental burden to China. This paper focuses on the developing circular economy … (CE) policy within China and its relationship to China's IT and IT products industry. We introduce a comprehensive …
Persistent link: https://www.econbiz.de/10014218734
Using objective measures of investor protections in 170 countries, I establish that the level of investor protection matters for cross-country differences in GDP growth: countries with stronger protections tend to grow faster than those with poor investor protections
Persistent link: https://www.econbiz.de/10012766527
One of the most outstanding features of the trend toward globalization has been the increased importance of foreign direct investment (FDI) flows around the world. This study estimates the determinant of FDI flows using the gravity equation, controlling for the importance of both the traditional...
Persistent link: https://www.econbiz.de/10013037344
This paper formally proves that economic outcomes are not independent from the corporate governance system and its ability to protect shareholders’ rights. This is achieved by extending a neoclassical growth model to incorporate an imperfectly functioning market for managerial labour enabling...
Persistent link: https://www.econbiz.de/10014176959
Social benefit entities, such as benefit corporations and low-profit limited liability companies (or L3Cs) were designed to support and encourage socially responsible business. Unfortunately, instead of helping, the emergence of social enterprise enabling statutes and the demise of director...
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