How does exposure to international markets affect returns and cash flow comovements? Foreign bond owners, lenders, affiliates, investors, customers, and suppliers all transmit country shocks to companies. Most multinationals have many of these exposures simultaneously within the same foreign...

This paper is based on the PhD thesis written by the author. Post-fordist production system has raised since 1970's. Main firms have divided production process into different stages and transferred some stages of the production to either other firms in the same factory or another firms in...

We analyze in this paper determinants of voluntary knowledge transfer from foreign investors to their local suppliers in 19 Sub- Saharan African countries using data from the 2010 Africa Investor Survey by UNIDO. We argue that not all backward linkages entail the same potential for spillovers...