There have been increasing calls in recent years in the United States and other major industrialized countries for actions designed to harmonize domestic policies, institutions, and practices especially with regard to trade-related environmental and labor standards. As pointed out by Anderson...

For most firms, size and diversification are correlated with lower value. However, for firms possessing substantial information-based asset, geographical diversification, line of business diversification, and growth in general, add value. This is consistent with information-based assets being a...