Foreign subsidiary performance and market efficiency effects are estimated and confronted in this paper using a rich firm-level panel for Polish manufacturing. Besides estimating total factor productivity, other performance measures are calculated and contrasted such as labor productivity,...

Employing a panel dataset of Vietnamese non-financial listed firms, we find that firms with greater foreign shareholdings are aligned with higher quality of financial disclosure. More specially, we find that greater foreign shareholdings are associated with (i) lower earnings management; (ii)...

This paper contributes to the literature on financial contagion by assessing dynamic spillover effects from two key markets (China and the U.S.) to six major emerging economies from different regions, using wavelet analysis to differentiate contagion from market interdependence. Few studies...