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This inquiry was inspired by the quest to examine the interaction effects of economic globalization and governance on …. Consequently, the interaction between economic globalization and governance had a positive and significant long-run effect on the … the KOF institute. Based on the estimated results, the empirical findings indicate that changes in economic globalization …
Persistent link: https://www.econbiz.de/10014447246
This inquiry was inspired by the quest to examine the interaction effects of economic globalization and governance on …. Consequently, the interaction between economic globalization and governance had a positive and significant long-run effect on the … the KOF institute. Based on the estimated results, the empirical findings indicate that changes in economic globalization …
Persistent link: https://www.econbiz.de/10014445959
corresponding APA programs in individual countries. It refers to how globalizing business processes trigger governance change on the … of APA programs and the generation of APAs are considered to be an example of such governance change. On the basis of a … governance choice model, the paper seeks to identify factors which might explain variation in the evolution of national APA …
Persistent link: https://www.econbiz.de/10012734786
The process of the economic globalization limiting the autonomy of national subjects completed the disintegration of …
Persistent link: https://www.econbiz.de/10004963525
We show that the social capital embedded in employees’ networks enhances firm performance and provide evidence on the mechanism. Using novel data from a professional networking app, we measure a firm’s social capital derived from employees’ connections with external stakeholders. The...
Persistent link: https://www.econbiz.de/10013247795
riskier, have weak governance, or are managed by CEOs with no background in finance. High centrality CEOs also gain by selling …
Persistent link: https://www.econbiz.de/10012847755
Theories of delegated monitoring predict that when public disclosure is costly, monitoring by a large investor leads management to supply more private information to that investor, and less public disclosure to other similarly aligned investors who free-ride off the monitor. We test this...
Persistent link: https://www.econbiz.de/10012584426
This paper aims to analyze the impact of recent industrial changes on the governance structure of power relationships … the ways in which institutional changes have influenced power relationships in both the internal and external governance …
Persistent link: https://www.econbiz.de/10014184835
This paper provides evidence that the formation of global supply chain partnerships predicts significant increases, relative to otherwise similar firms, in cross-border financing. Our findings are detected in all three major financing markets - equities, syndicated loans, and public debt - as...
Persistent link: https://www.econbiz.de/10012897284
in these models. We propose a way to take these pay-offs into account, and find that cooperation as equilibrium of the … parameter space, all cooperation equilibria are strictly risk dominated in the sense of Harsanyi and Selten (1988). We derive an … others defect, and argue it is a better measure for the ‘likelihood’ of cooperation than the critical level at which …
Persistent link: https://www.econbiz.de/10005666887