Showing 101 - 110 of 164
We use partisan and opportunistic political business cycle quot;PBCquot; considerations to develop a framework for explaining election-period decisions by credit rating agencies quot;agenciesquot; publishing developing country sovereign risk-ratings quot;ratingsquot;. We test six hypotheses...
Persistent link: https://www.econbiz.de/10012739027
International business research has long acknowledged the importance of regional factors for foreign direct investment (quot;FDIquot;) by multinational corporations (quot;MNCsquot;). However, significant differences when defining these regions obscure the analysis about how and why regions...
Persistent link: https://www.econbiz.de/10012772735
We ask whether international firms compete by designing products attractive to customers because they are objectionable to others. We investigate “discriminatory product differentiation” among international airlines through depictions of Israel on online route maps and availability of kosher...
Persistent link: https://www.econbiz.de/10012902340
Research on multinational corporations (MNCs) and host government political risk in developing countries has largely ignored local electoral politics, economic policies, and the MNC investment incentives they may generate. In response, I develop and test a framework for understanding MNC risk...
Persistent link: https://www.econbiz.de/10012769649
This paper uses the notion of contracting strategy to advance research on plural sourcing. We develop and test a theoretical framework to explain how plural-sourcing firms strike the make-and-buy balance depending on their contracting strategy. The focal firm's choice of a contracting strategy...
Persistent link: https://www.econbiz.de/10012868634
Credit rating agencies have drawn criticism for failing to anticipate and deter root causes of the 2008-2009 financial crisis in the United States. However, this paper presents evidence that credit rating agencies regularly anticipate and deter governments in emerging democracies from...
Persistent link: https://www.econbiz.de/10012974574
In developing countries, weak institutional capacity to observe and regulate the economy discourages foreign capital inflows vital to venture investment. This informality effect may differ for migrant remittances, inflows less reliant on formal arrangements. We use institutional and transaction...
Persistent link: https://www.econbiz.de/10013046873
Introduction -- Ethics and research -- Twenty questions : ethical research dilemmas and PHD students -- Research pitfalls for new entrants to the academy -- Scientists behaving badly: insights from the fraud triangle -- Slicing and dicing : ex ante approaches -- Slicing and dicing : ex post...
Persistent link: https://www.econbiz.de/10013179824
We use partisan and opportunistic political business cycle (quot;PBCquot;) considerations to develop and test a framework for explaining election-period changes in credit spreads for developing country sovereign bonds. Pre-election bond spread trends are significantly linked both to the partisan...
Persistent link: https://www.econbiz.de/10012739652
We develop and test hypotheses derived from a multi-level theoretical framework for understanding factors shaping the credit risk and capital structure of a quintessentially Asian form of investment known as project finance. It differs from other corporate financing approaches. A project company...
Persistent link: https://www.econbiz.de/10012747107