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-border variant of M&A, stronger corporate governance may also reduce M&A FDI. Hence, we use firm-level evidence from Japanese FDI … into the United States to investigate the effect of US corporate governance on Japanese M&A FDI. Our results indicate that … significantly to the sharp decline in Japanese M&A FDI in the US during the 1990s. Our evidence lends some support to the notion …
Persistent link: https://www.econbiz.de/10013069901
This paper uses a proportional hazard model to study foreign direct investment by Japanese manufacturers in Europe …
Persistent link: https://www.econbiz.de/10013317273
This paper presents estimates of the carbon emissions of FDI from capital formation funded by FDI and the production of foreign-controlled firms. The carbon intensity of capital formation financed by FDI has trended down, driven by reductions in the carbon intensity of electricity generation....
Persistent link: https://www.econbiz.de/10014083503
This paper provides new evidence on reshoring and plant closures exploiting a novel dataset of Italian multinational firms surveyed throughout 2020 and 2021, the years of the Covid-19 pandemic. We find that Covid-19 did not spur large waves of reshoring nor plant closures. Even though the...
Persistent link: https://www.econbiz.de/10013302333
This paper provides new evidence on reshoring and plant closures ex-ploiting a novel dataset of Italian multinational firms surveyed throughout 2020 and 2021, the years of the Covid-19 pandemic. We find that Covid-19 did not spur large waves of reshoring nor plant closures. Even though the...
Persistent link: https://www.econbiz.de/10013308434
International flows of capital in the form of FDI are being recognized as a means of promoting economic development. Outward FDI from emerging economies enhances the competitiveness of their companies by providing access to strategic assets, technology, skills, natural resources and markets in...
Persistent link: https://www.econbiz.de/10014146535
brought by globalization and the removal of restrictions to the free flow of capital, technology, knowledge, people and … the examination of the impact of globalization on the reached level of competitiveness of the economies of the Western … question raised in the paper is to what extent the process of globalization and the entry of transnational corporations into …
Persistent link: https://www.econbiz.de/10014281930
While FDI is generally assumed to represent long-term investments within the “real” economy, approximately 30-50% of global FDI is accounted for by networks of offshore shell companies created by corporations and wealthy individuals for tax and other purposes. To date, there has been limited...
Persistent link: https://www.econbiz.de/10013062393
The focus in this paper is on the structure of relationships between business organisations across borders as explored in organisation science, network theory, and the theory of international business. The concept of business networks is thoroughly discussed in the context of the global...
Persistent link: https://www.econbiz.de/10014046221
The world economy is increasingly shaped by cross-border production and investment activity. The paper uses complex network analysis along with panel data econometric techniques to study the structure and interactions between the networks of global value chains (GVC) and foreign direct...
Persistent link: https://www.econbiz.de/10012589359