We explain how the analysis of state-owned multinational companies (SOMNCs) can help extend the literature in two ways. First, we cross-fertilize the international business (IB) and state-owned enterprise (SOE) literatures in their analysis of foreign investment behavior and introduce two...

Internationalization increases firms’ vulnerability to cyclical fluctuations in growth. For this reason, it is at best a positive strategy for a few firms; but certainly not for all. It is from this perspective that the present chapter will try to develop a quantitative analysis of the...

The empirical study defines typical investment behaviour of foreign-owned firms against local firms and highlights benefits and any discrepancies of foreign capital. The paper focuses on industrial enterprises in Slovakia mainly from the automotive, engineering and wood-processing industry (N =...

This paper analyses the ownership structure of publicly listed corporations in seventeen Small Island Developing States. The paper identifies the ultimate controlling shareholders of these firms, the identity of these shareholders, whether or not ultimate shareholders are involved in management...

In this study, we investigate how country-level long-term orientation affects managers' willingness to engage in earnings management and choice of earnings management strategy. Using a comprehensive dataset of 47 countries for the period from 2003 to 2015, we find that firms in longterm oriented...

This paper analyses corporate social responsibility (CSR) for chemical sector in Pakistan and its impact on financial performance of this corporate sector. All the firms consistently have higher CSR strengths and CSR concerns during the sample period. However, this sector shows a steep increase...

Spanish Abstract: Las redes interorganizacionales son un tipo de cooperación entre empresas y una estrategia que permite obtener ventajas de diversos tipos. En este contexto, se ha puesto de manifiesto que la efectividad es un concepto problemático. Mediante el presente artículo, se busca...

This paper examines whether the financial reporting quality of audit clients is affected more by the national culture of the home country of an international parent audit firm or the national culture of its affiliates' host country. The study uses 111,949 firm-year observations for 16,444 unique...

The study examines the impact of corporate social responsibility (CSR) activity on the firm market value, in particular, market capitalization of tour operators listed on Chinese stock markets. This study employs panel data analysis methods to examine endogeneity concerns in observational data....

Aim and topic of the paper is to research the causes of the current global crisis, which manifests itself in financial terms, but whose origin is due to the ethical model of reference: the question is evident both in macroeconomics and in Business Economics. Just from this last point of view,...