The Thai stock market maintains two separate listings for common stocks which have reached foreign ownership limits. Prices on the Foreign Board are typically traded at a premium relative to prices on the Main Board. The price premium is both a measure and evidence of market segmentation. Thai...

Purpose – There have been many studies on the euro's impact on trade volume, foreign direct investment (FDI) and the integration of European financial markets. Previous research has tried to find empirical evidence for convergence of real estate securities markets. However, less attention has...

Purpose – Given the inconclusive evidence in the literature on the impact of Bilateral Investment Treaties (BITs) on Foreign Direct Investment (FDI) flows, as well as dearth of literature on this subject matter as regards West Africa and the European Union (EU), the purpose of this paper is to...

Purpose – The purpose of this paper is to assess the extent to which institutional convergence has taken place in the new European Union (EU) member states. It does so by contrasting arguments that are inspired by transaction‐cost economics within the mainstream international‐business...

This paper develops a simultaneous equations model to test the process of interaction between foreign direct investment (FDI), exports and economic growth in three Middle Eastern countries: Egypt, Jordan and Oman, and tests for any possible feedback effects. Most of the FDI in these countries...

Purpose – The purpose of the paper is to analyse how European integration shapes the locational decisions of foreign transnational corporations (TNCs). Design/methodology/approach – The paper concentrates on foreign direct investment (FDI) in the European Union (EU) and highlight the case of...

Wirtschaftlicher Austausch kann sich nur entwickeln, wenn er hinreichend gegen opportunistisches Verhalten abgesichert ist. In der globalisierten Wirtschaft des 21. Jahrhunderts werden grenzüberschreitende Geschäfte meist nicht durch staatliche Gerichte, sondern durch "Private Ordering" und...