93,322 research outputs found

    International Listing as a Means to Mobilize the Benefits of Financial Globalization: Micro-Level Evidence from China

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    This paper proposes a micro-level framework to account for how firms in developing economies overcome domestic institutional constraints. It illustrates that the mechanisms enabling those firms to benefit from financial globalization are more complex than the “direct” financial channels outlined in the neo-classical approach. China provides an important example in this context, as its capital market liberalization has been limited and neither the legal nor financial system is well developed. Yet micro-level evidence from China’s internationally listed enterprises indicates that innovative firms can overcome institutional thresholds, secure access to international capital, and benefit and learn from international capital markets. This can in turn induce market-level improvements through regulatory competition and demands for a more standardized system of economic regulation

    Ethics and taxation : a cross-national comparison of UK and Turkish firms

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    This paper investigates responses to tax related ethical issues facing busines

    International Listing as a Means to Mobilize the Benefits of Financial Globalization: Micro-Level Evidence from China

    Get PDF
    This paper proposes a micro-level framework to account for how firms in developing economies overcome domestic institutional constraints. It illustrates that the mechanisms enabling those firms to benefit from financial globalization are more complex than the “direct” financial channels outlined in the neo-classical approach. China provides an important example in this context, as its capital market liberalization has been limited and neither the legal nor financial system is well developed. Yet micro-level evidence from China’s internationally listed enterprises indicates that innovative firms can overcome institutional thresholds, secure access to international capital, and benefit and learn from international capital markets. This can in turn induce market-level improvements through regulatory competition and demands for a more standardized system of economic regulation

    Understanding the relevance of national culture in international business research: a quantitative analysis

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    This review is a comprehensive quantitative analysis of the International Business literature whose focus is on national culture. The analysis relies on a broad range of bibliometric techniques as productivity rankings, citation analysis (individual and cumulative), study of collaborative research patterns, and analysis of the knowledge base. It provides insights on (I) faculty and institutional research productivity and performance; (II) articles, institutions, and scholars’ influence in the contents of the field and its research agenda; and (III) national and international collaborative research trends. The study also explores the body of literature that has exerted the greatest impact on the researched set of selected articles.info:eu-repo/semantics/publishedVersio

    Education policy: process, themes and impact

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    Education policy is high on the agenda of governments across the world as global pressures focus increasing attention on the outcomes of education policy and on the implications for economic prosperity and social citizenship. However, there is often an underdeveloped understanding of how education policy is formed, what drives it and how it impacts on schools and colleges. Education Policy: Process, Themes and Impact makes these connections and links them to the wider challenges of educational leadership in a contemporary context

    Family background, schooling resources, and institutional features : what determines student performance in East Asian countries?.

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    This paper examines determinants of educational performance in the high performing East Asian economies of Hong Kong, Japan, Singapore, South Korea, and Thailand by running within country regressions. The determinants considered include family background, school resources, and institutional characteristics of schools. Family background is found to be important, particularly in Korea. The class size appears to be positively associated with student performance, implying that putting in additional resources to reduce class size may not be an effective way to enhance the education sector?s productivity. al productivity. Such institutional characteristic of school as ?autonomy in teacher salary decision? is found strengthen student performance in Japan and Singapore. However, within country data provide limited variation in school institutional characteristics for the their effect to be precisely estimated. The results, despites their limitations, should be useful for future educational policy formulation not only in the East Asian countries examined but also in other developing countries.
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