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作者：Allen, Linda; Chakraborty, Suparna; Watanabe, Wako
作者单位：City University of New York (CUNY) System; Baruch College (CUNY); Keio University; City University of New York (CUNY) System; Baruch College (CUNY); City University of New York (CUNY) System
摘要：Can regulatory interventions alleviate financial crises? If so, which ones work? We draw inferences from the Japanese banking crisis of the 1990s using a hand-gathered database of bank loans gathered from original sources. Our results indicate that whereas risk-based capital infusions in Japan (similar to those following the 2009 Supervisory Capital Assessment Program (stress tests) in the US) were successful in stimulating aggregate lending by Japanese banks, earlier blanket infusions (compar...
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作者：Hope, Ole-Kristian; Thomas, Wayne; Vyas, Dushyantkumar
作者单位：University of Toronto; University of Oklahoma System; University of Oklahoma - Norman; University of Minnesota System; University of Minnesota Twin Cities
摘要：As shown in the international business literature, the ability of controlling owners to extract private benefits is greater in countries with weaker legal institutions. In these countries, providing credible financial information could play an especially important role in reducing information asymmetry between private firms and external providers of finance. For our sample of firms across 68 countries, we find that firms with greater financial reporting credibility (i.e., annual financial stat...
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作者：Ciabuschi, Francesco; Forsgren, Mats; Martin Martin, Oscar
作者单位：Uppsala University; Universidad Publica de Navarra
摘要：Innovation processes in multinational enterprises (MNE) are largely context specific, and carried out at the subsidiary level. Therefore, corporate headquarters (HQ) involvement in these processes becomes a major issue. A typical assumption in international business (IB) theory is that HQ based on its own knowledge, makes rational choices about its own involvement. However, according to some studies, HQ involvement can be assumed to be less rational, in the sense that it reflects not HQ knowle...
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作者：Santangelo, Grazia D.; Meyer, Klaus E.
作者单位：University of Bath; University of Catania; China Europe International Business School
摘要：The internationalization process model suggests that firms internationalize by building positions in foreign markets and networks, following iterative cycles of learning and changes in commitment. However, as subsidiaries evolve, commitments may be decreased as well as increased, a phenomenon that has rarely been studied. Moreover, it remains an open question why strategic intentions at the outset of an investment project differ from the actual operations established. We address these question...
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作者：Di Minin, Alberto; Bianchi, Mattia
作者单位：Scuola Superiore Sant'Anna; University of California System; University of California Berkeley; Stockholm School of Economics
摘要：This paper documents the case of the wireless telecom industry to bring new empirical evidence to the debate on the internationalization of research and development (R&D) activities. US patent statistics on the four industry leaders Ericsson, Motorola, Nokia and Qualcomm - illustrate the growing trend of the internationalization of R&D over the 1990s, yet we show that the most critical R&D projects related to the development of wireless standards remain homebound. The paper then leverages qual...
