Search results for "CORPORATION"
showing 10 items of 214 documents
Los emprendedores surgidos de las empresas multinacionales de inversión extranjera directa: un estudio exploratorio en Costa Rica
2014
ResumenEl presente trabajo busca evaluar la creación de empresas por parte de exempleados de empresas multinacionales de inversión extranjera directa. En concreto, se busca dimensionar el fenómeno, caracterizarlo, así como valorar el desempeño de las empresas creadas. El estudio se hizo mediante un muestreo aleatorio simple con margen de error del 7% y nivel de confianza del 95%, sobre una base de datos de 11.120 exempleados de empresas multinacionales en Costa Rica (n=175). Además se utilizó un grupo control ad hoc. Los resultados muestran cómo son estos emprendedores, el proceso creador experimentado, las características y el desempeño de las nuevas empresas.AbstractThe aim of this invest…
(When) Should We Use Foreign Direct Investment Data to Measure the Activities of Multinational Corporations? Theory and Evidence
2016
This paper reviews the different concepts of measuring activities of multinational corporations. It aims at working out the economic relationships that theoretically exist between these measures under general economic assumptions and then empirically investigates to which extent such relationships exist in the data. As a main conclusion, foreign direct investment (FDI) stock data is indeed a good proxy for measuring most real economic activities of multinational firms. Discrepancies between FDI stock and other data can to a large extent be given a reasonable economic meaning, but observed asset-to-employment patterns in multinational production also call for more thorough future research.
Putable common stock
2004
Abstract The underpricing of initial public offerings is a well-documented phenomenon in the financial literature. The purpose of this paper is to show how this empirical regularity could be solved by an appropriate choice of financing instruments, namely, by an intelligent mix of common stocks and put options. The latter additional instrument, modeled in this paper as a lump sum paid by insiders of the firm to outsiders, helps alleviate the asymmetry of information existing between insiders and outsiders of the corporation, allowing good firms to sell the package they offer at the full information value.
The Metamorphosis of Football Clubs
2015
In recent decades, Spanish football clubs have experienced an extraordinary transformation process that has decisively influenced their organizational structure. This chapter uses a sociological approach to study Spanish football clubs’ origin and evolution throughout the 20th century and until the present day. It includes an analysis of their recent processes of structural differentiation and their progressive transformation into transnational corporations, as well as an examination of the fans’ perspective on these transformations.
On the Internationalization of Corporate Boards
2013
Despite the global reach of their commercial activities, many multinational firms have proved slow in internationalizing their boards of directors. Based on a panel study of the internationalization of the boards of 347 non-financial firms from the Nordic countries, we find a higher fraction of international board membership in firms with more foreign sales, in firms with more foreign ownership and in firms whose shares are traded on foreign (mostly European) stock exchanges. Moreover, we find international directors and national directors with international experience complementary. The first-mentioned group is found to serve a monitoring role, related to financial internationalization of …
Is globalization a fair process? Globalizers vs. globalized
2018
Globalization means that domestic economies are becoming more and more intertwined and mutually dependent on each other. Unfortunately these globalization processes are asymmetrical. This determines that there are different groups of participants of globalization - globalizers, active participants and marginalized. It seems quite obvious that globalizers are doing better economically than the others. But is this really true? The aim of this paper is to answer the question, if more globalized countries are really doing better economically than less globalized. To do this there was an analysis of relations between globalization and chosen economic indexes (inflation, unemployment, GDP per cap…
La Fuerza Multilateral y la multiplicidad nuclear en la OTAN (1960-1965)
2017
Desde finales de la década de 1950 y hasta 1965, el gobierno de Estados Unidos (EEUU) promovió la creación de una fuerza naval armada con misiles balísticos, conocida como Fuerza Multilateral (Multilateral Force, MLF), con tripulaciones multinacionales y bajo mando de la Organización del Tratado del Atlántico Norte (OTAN). La propuesta inicial de la administración Eisenhower trataba de satisfacer las quejas de algunos miembros de la OTAN acerca del monopolio que EEUU ejercía sobre la defensa nuclear de Europa. Aunque oficialmente se buscaba proporcionar un papel activo a los países europeos, en particular Alemania, en la estrategia nuclear conjunta, con la MLF los EEUU confiaban en inducir …
Il concetto cristiano di corporazione in Léon Harmel
2015
«The first modern corporate experiment» was defined by what Pierre Louis Léon Harmel (1829-1915) had achieved in his yarn factory in Val des bois in the town of Warmeriville close to Rheims in the French department of Marne. Harmel was a French Catholic entrepreneur very sensitive to the social issues of his time. Harmel, while he was progressively turning away from the paternalism of his father, although he was nicknamed "le Bon Père", moved along the tracks of the social doctrine of the Church and the principles of social Catholicism, inspired in particular by Œuvre des Cercles by Rene La Tour du Pin and Albert de Mun. He decided to turn his factory in a kind of community where the basic …
Democrazia e corporazione in Léon Harmel
2019
Il nome di Léon Harmel (1829-1915) si può certamente associare alla vicenda storica del cattolicesimo sociale francese dell’Ottocento. Imprenditore e riformatore sociale, Harmel ebbe un ruolo determinante nell’apertura della Chiesa alle problematiche della società moderna. Egli non fu un teorico in senso stretto, né un pensatore politico, bensì un “realizzatore”. Eppure la sua figura e la sua opera merita, a nostro avviso, una specifica attenzione. Sia perché rappresentativo, sul piano della sua stessa biografia personale, di un’epoca di grande transizione intellettuale e sociale, sia perché fu il primo a realizzare nella sua fabbrica laniera in Val des Bois la corporazione cristiana. Sorre…
Organization of intensive cardiac care units in Europe: Results of a multinational survey
2020
Background: The present survey aims to describe the intensive cardiac care unit organization and admission policies in Europe. Methods: A total of 228 hospitals (61% academic) from 27 countries participated in this survey. In addition to the organizational aspects of the intensive cardiac care units, including classification of the intensive cardiac care unit levels, data on the admission diagnoses were gathered from consecutive patients who were admitted during a two-day period. Admission policies were evaluated by comparing illness severity with the intensive cardiac care unit level. Gross national income was used to differentiate high-income countries (n=13) from middle-income countries…