This paper examines whether multinational companies differ in their employment adjustment from domestic firms, on the basis of a panel of Belgian firms for the period 1997-2007. We focus on incumbent firms as, in general, they account for the largest fraction of net employment creation,...

This paper revisits the "footloose" nature of multinational firms (MNFs) hypothesis. Using firm-level data for Belgium over the period 1997-2008, we rely on a Probit model and take into account the endogeneity of the determinants of firm exit. Our results may be summarised as follows. First, the...

Taking as a reference a model in which there are a public firm, a national private firm and a foreign private one, it is analyzed both mergers sustainability and their relative effects on welfare. It is proved that the merger between the public firm and either the national or the international...

Der Begrifff des internationalen Finanzmanagementsumfaßt im funktionellen Sinne alle Tätigkeiten, diesich auf die Beschaffung, Verwaltung und Verwendungvon Kapital in einer internationalen Unternehmungbeziehen (Kapitalbeschaffung, -+CasbManagement, Kapitalstrukturpolitik,...

Mit einem Ausfuhrvolumen von 526 Mrd. D M erreichte die Bundesrepublik Deutschland bei einer Exportquotevon über 30% 1986 erstmals die Spitzenposition unter den exportierenden Ländern. Auch stiegen dieDurchschnittswerte der jährlichen Nettotransferleistungen deutscher Unternehmen für...

Die Studie analysiert die Verantwortung von Unternehmen für Menschenrechts- und Umweltthemen entlang ihrer Lieferketten. Neben einer Darstellung der historischen Entwicklung des "Due Diligence"-Begriffs und seiner Anwendung auf Menschenrechtsthemen wird insbesondere auf bestehende und geplante...

Primarily due to the large gaps in economic and institutional contexts between the developed and emerging markets, business model innovation (BMI) at the subsidiary level plays an important role for the success of small and mediumsized firms (SMEs) from the developed markets operating in the...

Business model innovation plays a very important role in developing competitive advantage when multinational small and medium-sized enterprises (SMEs) from developed country enter into emerging markets because of the large contextual distances or gaps between the emerging and developed...

Using firm-level data, this paper investigates whether Foreign Direct Investment (FDI), and hence Multinational Enterprise (MNE) presence, explains India's improved export performance during post-reforms. The recent literature stresses that firm heterogeneity gives some firms an edge over others...

This study examines how inter-firm heterogeneities in technology modes and intensities are linked to ownership of firms in India, using a panel dataset of 2000 odd Bombay Stock Exchange listed firms for the period from 2003 to 2014 drawn from the PROWESS database of CMIE. For the analysis,...