This paper studies corporate performance in the aftermath of the global crisis by examining 6,581 manufacturing firms in 48 developed and developing countries in 2010, identifying factors of resilience as well as vulnerability. Based on a cross-sectional analysis, the results show that...

Both the American left and right often use “national security” to justify sweeping proposals for new U.S. protectionism and industrial policy. “Free markets” and a lack of government support for the manufacturing sector are alleged to have crippled the U.S. defense industrial base’s...

We survey the empirical evidence on corporate survival and its determinants in European emerging markets. We demonstrate that (i) institutional quality is a significant preventive factor for firm survival in all sectors of the economy, which holds for small, medium and large firms alike. On the...

The cases that controlling shareholders expropriate the rights and interests of other shareholders frequently appeared in China, thus, encouraging non-controlling shareholders to actively participate in corporate decision-making was advocated by the public. However, whether non-controlling...

The authors investigate the link between financial crises and industry growth. They analyze data from 19 industrial and developing countries that have experienced financial crises during the past 30 years to investigate how financial crises affect sectors dependent on external sources of...

In Q3 2021, the Russian industry demonstrated a high level of adaptation to thecurrent economic environment. High estimates of demand by industrial enterpriseslargely contributed to the growth of Adaptation Index, as well as the availability ofstocks of finished products and production capacity....