Showing 131 - 140 of 163
Persistent link: https://www.econbiz.de/10007901416
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
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
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
Regulatory theory assumes that national governments seek to constrain undesirable firm behavior, either through direct governmental oversight, or through oversight delegated to non-governmental organizations. We reverse that assumed relationship with the first study investigating when and how...
Persistent link: https://www.econbiz.de/10012863743
Migrant and migration policy (MMP) issues have often influenced important international business (IB) research questions, but the last 20 years have seen the emergence of new or “renewed” MMP issues tied to changes in migrant demographics, wealth, skills, home-country provenance,...
Persistent link: https://www.econbiz.de/10012846805
We use social identity and agency logic to theorize and test hypotheses about how migrants' different abilities and motivations tied to tenure abroad change the impact of their remittances on venture investment back home. Regression and related analyses of remittances to 33 developing countries...
Persistent link: https://www.econbiz.de/10012847579
There is substantial research on how women differ from men as new business (venture) founders, but little on how women may differ from men as venture funders. We respond with theory and evidence from an unconventional venture funding context: migrants' remittances to developing countries. We...
Persistent link: https://www.econbiz.de/10012848298
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