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Casual observation suggests that cultural differences play an important role in business transactions, yet systematic evidence on this relationship is scarce. This paper provides a novel investigation of the effect of cultural distance on multinational firms' decisions to integrate their...
Persistent link: https://www.econbiz.de/10014313474
Our paper contributes to the discussion about Europe’s digital sovereignty. We analyze the relationship between firm performance and the diversification of sourcing countries for imported ICT goods. The analysis is based on administrative data for 3888 German manufacturing firms that imported...
Persistent link: https://www.econbiz.de/10014317645
Our paper contributes to the discussion about Europe’s digital sovereignty. We analyze the relationship between firm performance and the diversification of sourcing countries for imported ICT goods. The analysis is based on administrative data for 3888 German manufacturing firms that imported...
Persistent link: https://www.econbiz.de/10014322475
Casual observation suggests that cultural differences play an important role in business transactions, yet systematic evidence on this relationship is scarce. This paper provides a novel investigation of the effect of cultural distance on multinational firms’ decisions to integrate their...
Persistent link: https://www.econbiz.de/10014346366
goes a long way to explaining both the aggregate trend and the firmlevel fluctuations in services outsourcing growth. Based …This paper studies how outsourcing of services activities affects TFP at the firm level. Using the universe of buyer …-supplier relationships in Belgium, we first document several new empirical facts about how firms engage in the outsourcing of supporting …
Persistent link: https://www.econbiz.de/10013466942
taking place in global electronics production, with vertical fragmentation, horizontal consolidation, and the growth of Asian …
Persistent link: https://www.econbiz.de/10005824152
taking place in global electronics production, with vertical fragmentation, horizontal consolidation, and the growth of Asian …
Persistent link: https://www.econbiz.de/10005091217
Trust between parties should drive the negotiation and design of contract: if parties did not trust each others' reaction to unplanned events, they might agree to pay higher costs of negotiation to complete contracts. Using a unique sample of U.S. principal-agent consulting contracts and a...
Persistent link: https://www.econbiz.de/10012425620
Trust between parties should drive contract design: if parties were suspicious about each others' reaction to unplanned events, they might agree to pay higher costs of negotiation ex ante to complete contracts. Using a unique sample of U.S. consulting contracts and a negative shock to trust...
Persistent link: https://www.econbiz.de/10013286013
Trust between parties should drive contract design: if parties were suspicious about each others' reaction to unplanned events, they might agree to pay higher costs of negotiation ex ante to complete contracts. Using a unique sample of U.S. consulting contracts and a negative shock to trust...
Persistent link: https://www.econbiz.de/10013279419