This paper examined political risk as it affects businesses generally, and identified core challenges. We propose a modified integrative strategy for the management of political risk having argued that the present global economic crises increase political risk concerns for businesses. By...

Most papers on transfer pricing deal either with technical aspects of the topic or strategy. Research on ethical aspects of transfer pricing is almost totally absent from the business literature and is scantly covered in the ethics literature. The purpose of this paper is to fill that gap....

When do firms expand abroad? Theory to date suggests that global expansion happens when firm-specific competitive advantages outweigh country-specific difficulties in operating abroad. Differences in culture, in legislation, in administrative practices, and in the overall institutional...

As documented in the literature, exporting firms breaking into new markets can help alleviate risk and uncertainty by using various information channels. Such channels include spillovers, foreign consumer networks, and, potentially, foreign supplier networks. Novel to the literature, we jointly...

In the last two decades, manufacturing industries in Korea have become more concentrated, and interconnectedness across industries and to foreign countries has risen via vertical relationships and trade linkages. This paper investigates the transmission of economic shocks in such a highly...

Through the 2000s, Korea's export and import linkages to advanced and emerging markets increased significantly. At the same time, the correlation of output growth between Korea and these economies rose. This paper investigates the nature of the link between trade linkages and the comovement of...

This article makes a review of theoretical concepts and theories about culture in international business, since they are topics that can not be treated in isolation for the Colombian businessmen, and much less as independent topics. They are concomitant and interdependent elements. The...

Access to Court is a gobal principle, though the consequences of this principle are interpreted differently in the U.S. and Europe. Neither International Commercial Arbitration nor International Litigation can offer an effective access to court for cross-border commercial contracts. Whereas...

Supermarkets have spread extremely rapidly in developing countries after the take-off in the early to mid-1990s. Former analyses of supermarket diffusion have not adequately explained the sudden burst and then exponential diffusion of supermarkets in the late 1990s and early 2000s. We argue that...

The former republics of the USSR make a choice between European (EU) and Eurasian integration (EAEU), which leads to benefits and risks for all CIS+ countries (taking into account Ukraine, which actually suspended its membership and Georgia, which is currently not a member of organization),...