This research investigates the impact of foreign (Anglo-American) board membership on corporate performance calculated in terms of firm value (Tobin’s Q). On a basis of organizations with hq in Norway or Sweden case study signifies a substantially higher value for firms that have outsider Anglo-American board member(s), after a assortment ...
Popular opposition to globalization may be interpreted as xenophobia or hostility to market economics and signal country risk, including the degree of security risk - the possibility that local staff or facilities could be subject to discriminatory treatment, harassment, or attack.
Foreign direct investment (FDI) is one of the main aspects of globalization. This paper analyses the effect of foreign acquisition on survival probability and employment growth of target plant using data on Swedish manufacturing plants during the period 1993-2002. An improvement over previous studies is that we take into account firm ...
It is widely perceived that globalization is a threat to tax financed public sector activities. The argument is that public activities (public consumption and transfers) financed by income taxes distort labour markets and cause higher wages and thus a loss of competitiveness. Since this link is strengthened by globalization, it ...
A successful flexible enterprise must have an organization knowledge-based. In an era characterized by change, globalization and competition, knowledge is without doubt the most important asset for a company to gain a competitive advantage. Nowadays, in the enterprise, there is a huge amount of unstructured information especially in textual documents. ...
People believe that globalization has significantly increased job insecurity (JI) over the past decades. This paper develops a hedonic model of job security (JS). Workers with heterogeneous JS-preferences pay the hedonic price for JS to employers, who incur labor-hoarding costs from supplying JS. The relation between optimal job insecurity and the perceived ...
As China has become an increasingly important part of the global trading system over the past two decades, interest in the country and its international economic policies has increased among international economists who are not China specialists. This paper represents an attempt to provide the international economics community with a ...
With the increasing trend of globalization, the impact of globalization has lead to a fast changing environment the boundaries for business is diminishing day by day so is the movement of people between different countries and cultures. The requirements of multinational organizations like expansion plans in international market has continuingly ...
Introduction : Globalization has dramatically changed the ways of conducting business, which in turn has led to a multitude of new opportunities and challenges for companies. The ever shifting business climate of today is fierce and for this reason companies have to ...