[PDF] Top 20 The Effects of Globalization on Firm Performance in Emerging Markets: Evidence From Emerging-7 Countries

... overall globalization and on its single dimensions, specifically the levels of economic, political and social globalization, for the sample countries are obtained from KOF Index of ... See full document

... positive effects on firm performance [58] such as firm growth [59], firm productivity [31,60], as well as industrial development ... See full document

... financial markets more effectively allocate capital to firms with high value ...In emerging markets, where financial intermediaries and markets are less developed; firms tend to rely on ... See full document

... nancial markets, as well as innovative investment vehicles, despite their relatively long ...nancial markets, and constitute a solid element in the architecture of the international fi nancial safety ... See full document

... on firm performance in emerging ...with firm performance (RET) as a dependent variable and media independence (MEDIA) as an independent ...representing firm-specific fixed ... See full document

... Asian emerging markets, Cheung, Tan, Ahn, and Zhang (2010) use the CSR scores issued by Credit Lyonnais for the period between 2001 and ...several emerging market ...developing countries and ... See full document

... The limited literature examining the impact of industry on the firm’s probability of default does not perceive the ambiguous theoretical implications. According to Kayo and Kimura (2011) firms tend to have similar ... See full document

... 30 countries from Eastern Europe and Central ...BRIC countries (Brazil- Russia-India-China) to showcase the idiosyncrasies of emerging markets (Mody, 2004) and innovation in these ... See full document

... in emerging market and transition ...in emerging market and transition ...24 emerging markets over 1990Q1 to 2013Q4 (using both IT and non-IT observations), we find clear evidence of a ... See full document

... labour markets than women, women are more likely than men to be unemployed, and vulnerable employment is more severe for women especially in developing countries (ILO ...also evidence of in- creased ... See full document

... their effects on test results. GCC countries represents an alliance that is part of emerging ...anomalous evidence or irregularity in financial markets that tend sometimes to fail to ... See full document

... capital from a large investor base both in the domestic and international capital ...Many countries undertook wide ranging corporate governance reforms in a reaction to these corporate ...investors ... See full document

... constraints, creating incentives that undermine profit maximization and may allow SOE managers to appropriate rents (Kornai, et al. 2003; Estrin et al., 2009). Kornai (1992) argues that SOEs are likely to use their ... See full document

... the firm with a managerial control in the range of 5%-20% is associated with lower firm value, when the management group is also a largest ...affect firm value in the presence of non-managerial ... See full document

... (IC from here on) has long been ignored as a vital contributor in the financial performance of a ...a firm to build its competitive ...a firm but are not recorded on the firm’s balance sheet ... See full document

... the performance of firms headquartered in environments with high information asymmetries, we document the ...between performance of firms headquartered in the financial center and ESG disclosure during our ... See full document

... deviate from their fundamental value but they are still willing to pay a higher price for the stock because they believe that the possible returns derived from further increases in price more than ... See full document

... As noted in the introduction, Chui et al. (2010) find that individualism medi- ates whether momentum trading patterns are a feature of a country’s equity pricing, and find low momentum trading in low individualism ... See full document

... From the technology innovation perspective, the book introduces low-cost ways to deliver the most basic and necessary services to society. This idea rests on frugal innovation, an appropriate terminology for ... See full document

... open markets, and clearly defined and enforced property ...some countries recognized for their good economic governance rating, such as Uruguay, had sluggish wealth creation performances, while others known ... See full document