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Strategy research often aims to empirically establish a causal relationship between an independent variable and a dependent variable such as firm performance. For many important strategy research questions, however, traditional empirical techniques are not sufficient to establish causal effects...
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The issue of corruption is important to politicians, citizens, and firms. Since the early 1990s, a large number of studies have sought to understand the causes and consequences of corruption employing firm-level survey data from various countries. While insightful, these analyses have largely...
Persistent link: https://www.econbiz.de/10012562720
Both countries and subnational governments commonly engage in competition for mobile capital, offering generous location incentives to attract investment. The use of tax incentives is a paradox, whereby fiscally strained governments offer lucrative tax treatment to firms, yet the economics...
Persistent link: https://www.econbiz.de/10013138627
Despite broad skepticism about the benefits of globalization, the majority of U.S. states have offered lucrative tax incentives to attract investment. The size of these incentives is generally considered too large to be welfare enhancing, and many economists are skeptical of the effectiveness of...
Persistent link: https://www.econbiz.de/10013138628
The global financial crisis has increased pressures on governments to pursue wide-ranging banking reform, highlighting the importance of domestic responses to globalization. In this paper, we study mass policy preferences on banking reform as well as the change of those preferences in response...
Persistent link: https://www.econbiz.de/10013120090
Prevailing work argues that foreign investment reduces corruption, either by competing down monopoly rents or diffusing best practices of corporate governance. We argue that this theory is too broad-brush and that the empirical work testing it is too heavily drawn from aggregations of total...
Persistent link: https://www.econbiz.de/10013092058