Although Taiwan has become the world's third largestproducer of information technologies, researchers have yet to explore fully thesource of its business success. The focus of this study is the role of publicpolicy and the state in East Asian business systems and in Taiwan inparticular. First,...

This paper discusses the determinants of strategic transparency and its importance to the East Asian firms. Firm's strategic transparency is closely associated with firm's relative market position and the degree of competitiveness it can achieve. Accordingly, the governance structure is fairly...

This paper examines the relationships between changes in firm's debt and its effects on firm's market value in a transitional market. The market value is considered as a measure of the investment worthiness. The signaling effect refers to the effects of debt on firm's market value.The paper...

This paper examines the relationships between the changes in the firm's capital structure and their effects on the firm's market value for three different levels of systematic risk. The underlying assumption of signaling is that when a firm changes its capital structure, its market value might...

The intangible aspects of knowledge transfer in multinational corporations (MNCs) continue to be a crucial area of research in social science research and raise the issue of knowledge governance structures. The purpose of this conceptual note is twofold. Firstly, we believe that there is more...

This papers aims at discussing the determinants of strategic transparency and the governance structure of East Asian firms. The relatively weak institutional infrastructure in East Asia raises the question about the adaptable governance structure and transparency in East Asian firms

This study examines the informativeness of fundamental financial information to three levels of market-to-book (MB) ratio: high MB firms, medium MB firms, and low MB firms. In general, the results indicate that the financial ratios (as co-integrated financial information) are relatively quite...

The purpose of this paper is to analyse the economic convergence of the European Union in terms of the effects of European Monetary Union (EMU), which began in 1999 and possible conflict with, 'social mobility' in Europe. Our focus is on the low rate of mobility in the labour market. We assume...