This study examines whether and how anticorruption efforts may mitigate the risk of corporate fraud. Based on a sample of Chinese publicly listed firms over the period of 2008 to 2017, we find that anticorruption efforts reduce the likelihood of fraud commission and increase the likelihood of...

Private equity companies have become a major force in the economic landscape. Financial- and operational-engineering are innovative characteristics of this emerging method of finance. The existing empirical data provide strong evidence that private equity activity contribute positively to the...

This paper investigates short-term effects of big tech start-up acquisitions on innovation empirically. Innovation research has found a strong positive, causal relationship between VC investment and innovation. Using this insight, we can explore the repercussions of big tech start-up...

The Interference of liberal principles and the reintroduction of a market economy have changed the structure and the organization of the productive system of centrally planned and administered countries (NOVE, 1981; ANDREFF, 2007). The new forms of industrial organization, which are the source of...

After the collapse of the Soviet regime and the end of centralized policies on urban planning, Russian cities underwent deep transformations. The complex socio-economic, spatial and political trends are leading towards an increasing unevenness among Russian cities. This topic has been poorly...

This paper shows that the rising male surplus has strengthened marriage distortions in China by causing an increase in brideprice payments. The identification relies on comparison between siblings from the same natal family who are born in different birth years and thus exposed to various...

In Japan, many local mixed enterprises owned and operated jointly by local governments and private sectors had been established from the late 1980's to the early 1990's in order to provide public services more efficiently. At present, in Japan, many local mixed enterprises are confronted with a...

Objectives: This paper aims to examine the transition process from the development and state of entrepreneurship in 15 former European socialist countries during 2006-2012. Our focus here is not on the full but on just one dimension of transition, entrepreneurship. While it is surely the case...

Since the introduction of its "open door" policy in the late 1970s, China has been attracting a growing share of FDI inflows and its international trade integration has advanced considerably. In this study, we take a closer look at the regional growth impact of the Chinese internationalization...