In: Journal of International Business Studies, 2020, vol. 51, p. 1045-1053
We describe the extent to which the world’s largest companies (in terms of revenues), achieve sales around the globe, and have been able to penetrate markets outside of their home region. We try to answer the following question: Has there been a recent increase in the world’s largest firms achieving a global sales orientation, meaning a balanced, global distribution of sales? Rugman &...
|
In: Scandinavian Journal of Economics, 2020, vol. 122, no. 4, p. 1575-1605
This paper explores how globalization influences the decision of governments to rescue inefficient domestic firms when bailouts affect firms’ markups. We develop a model of international trade where immobile domestic enterprises (DOEs) compete with foreign enterprises (FOEs) in an oligopolistic market. The decision to bail out DOEs leads to lower corporate tax revenues if FOEs are immobile...
|
In: European Journal of Innovation Management, 2003, vol. 6, no. 1, p. 48-63
Many new products are based on new technologies, which may in turn be based on new scientific discoveries. The extant literature on new product development has focused on how a firm may successfully commercialize new products. There is a corporate cost associated with new product failure, which extends beyond the final product-manufacturing corporation to all the parties involved in the...
|
(Working Papers SES ; 524)
This paper examines how investors perceive business group membership in Korea during the COVID-19 pandemic. Stock price performance analysis reveals evidence of a time-varying and heterogeneous value of affiliation: investors discount business group affiliation during a market collapse, but are willing to pay a premium for affiliation during market recovery. Overall, this pattern is more...
|
In: Financial Markets and Portfolio Management, 2015, vol. 29, no. 4, p. 337-363
|
In: Financial Markets and Portfolio Management, 2015, vol. 29, no. 1, p. 61-79
|
In: Zeitschrift für die gesamte Versicherungswissenschaft, 2015, vol. 104, no. 5, p. 573-593
|
In: Marketing Letters, 2015, vol. 26, no. 3, p. 309-320
|
In: European Business Organization Law Review, 2015, vol. 16, no. 2, p. 227-253
|
In: Management International Review, 2015, vol. 55, no. 1, p. 77-118
|