Managing knowledge in different locations around the globe has become a great concern for multinational corporations (MNCs) due to differences in individual cultural values. Such cultural differences inhibit the sharing of knowledge among employees. Ironically, the impact of individual cultural...

Purpose: This paper aims to examine the non-linear impact of inflation on financial development, and the moderating role of GDP in the relationship between inflation and financial development in a panel of 125 countries. Design/methodology/approach: It employs the dynamic common correlated...

The largest shareholder of an issuing firm in Hong Kong can be the underwriter for rights offers and open offers. We hypothesize that being an underwriter the largest shareholder who possesses more information is better than investment banks in certifying firm value and we find the evidence to...