Search results for "Exchange"
showing 10 items of 2035 documents
Choosing Open Innovation Intermediaries through their web-based platforms
2016
This paper examines the services provided by Open Innovation Intermediaries (OIIs) through their web-based platforms, in order to understand how OIIs can effectively support innovation seekers in their innovation processes. Relying on the existing literature exploring the roles and functions of web-based OII platforms, we carried out an exploratory and comparative qualitative study to identify the services available, to classify them by the various phases of the innovation processes in which they can be beneficial, and to link them to general roles and functions. Our analysis of the services provided by OII platforms sheds light on the dynamics of innovation seekers’ choices, and gives mean…
The Relationship Between the Comprehensiveness of Corporate Annual Reports and Firm Characteristics in Spain
1994
Abstract Not much information exists in the international accounting literature on Spanish accounting. Spain is selected as a subject of study because it is different from those countries that are subjects of the research concerned with investigating the multivariate impact of firm characteristics on disclosure in annual reports and accounts. The conceptual model underlying our empirical tests is based on economic and political incentives for providing greater detail in corporate annual reports and accounts. The paper provides evidence that the amount of detail in Spanish corporate annual reports and accounts is increasing in firm size and stock exchange listing, and decreasing in liquidity.
The European Union's Proposal for an International Investment Court: Significance, Innovations and Challenges Ahead
2016
International audience; Rampant discontent with the current system that governs the protection of international investment and the functioning of investment tribunals has led to a widespread view that there is an urgent need for reform. This is particularly pronounced in the context of investor-state dispute settlement (ISDS). The European Union (EU) has responded to this need by proposing the creation of an international investment court. With its political weight, the EU confers unprecedented legitimacy on the critics of the current ISDS system and reveals investment dispute settlement in the light of public international law, breaking with its background in commercial litigation. The art…
Testing price-fixing agreements in a multimarket context: The European case of vitamin C
2007
In this paper, we suggest a method to test price-fixing agreements. Prices fixed to multiple shipments are decomposed into a set of destination market effects and time effects in order to allow us to perform an analysis of residuals. We examine the pricing behavior of vitamin C in the European destination markets of German exports. We explore two different periods: January 1991–August 1995 and September 1995–September 2001. Empirical results on the first period, which are consistent with our knowledge obtained from firms’ confessions about illegal agreements, contrast notably with those obtained on the more recent period.
The European Union in a Changing World Order: What Is at Stake?
2019
This introductory chapter aims to shed light on how tightly the EU and the liberal international order are entwined and discuss the likely impact on the EU of a changing and, most likely, less liberal world order. The chapter discusses the concept of order in international politics and analyses how the liberal order that emerged after WWII has effected the development of the EU. The chapter introduces the book’s interdisciplinary, holistic approach, and discusses how a changing world order is affecting the EU and how the EU, in turn, is trying to shape the emerging new order by recalibrating its policies and actions in various domains, ranging from its relations with the rest of the world, …
International Exchanges in a Globalized World
2018
A reality today is that the economy, characterized by the expansion and development of financial mechanisms, cannot be conceived without the stock exchange: the real economy is reflected in the trend of stock, and, in turn, the stock can influence – good or bad – the economic life. Thus, by the rise of globalization, as instruments of capital accumulation, stock exchange has become the most effective way of targeting the capital available in the economy to the most profitable use. The market will determine which companies will be funded and what is the cost of their capital. The decisive factor is the efficiency with which companies use this capital. In this way, international stock markets…
The Value of Local Externalities in Country-of-Origin Clusters: Evidence from China
2019
Business cooperation and the exchange of information and knowledge are actions and decisions that firms can build in order to compete more effectively in globalized markets. These options are even more relevant for SMEs to access and expand in new international markets and through more commitment entry modes as foreign direct investment (FDI). While studies on the role of local externalities are well established in the Economic Geography literature, its international dimension is still unexplored in deep. This is surprising when the survival and growth of the subsidiaries depends on the efficient adjustment with its context. The objective of this paper is to analyse the perceptions of the r…
Application Of Social Web Tools To The Internationalization Of Retail Companies
2011
The emergence and development of what is called the Social Web or Web 2.0 is marked by the appearance and development of new communication tools and applications such as blogs, chats, forums, social networks, etc., and interaction between users. As well as giving consumers emotional and practical benefits, these applications represent great communication opportunities for companies in a globalized context. For this reason, businessmen are increasingly using Social Web tools as instruments to get information and market knowledge, as well as for communication in an internationalization context. Taking the opportunities the use of Social Web tools in a global context represent for retail busin…
The Study of the Impact of Erasmus+ Mobility Projects on Participants. Data Analysis at “Lucian Blaga” University of Sibiu
2020
The aim of the Erasmus+ programme is to develop the sense of belonging to “European values” through mobility projects, and therefore, it focuses on a range of steps, in order to achieve its goal, such as the improvement of a foreign language, the development of personal and professional skills, the acquirement of knowledge and competences, so that the beneficiaries are prepared for on a global labour market, and have access to higher technology. The following data presentation and analysis have the purpose to bring forward the main impact of Erasmus+ mobility projects on LBUS’ students and LBUS alumni. The purpose is also to highlight the achievements declared by the beneficiaries and deter…
The Role of Language in Corporate Governance: The Case of Board Internationalization
2013
Multinational corporations internationalize their corporate boardrooms in order to capitalize on their commercial and financial internationalization. Board internationalization provides access to specialized knowledge and skills, broadens social networks and ensures greater transparency of strategic decision-making. The entry of a foreign board member is often coupled with a change in the working language of the board. The purpose of the present study is to explore and explain how increased language diversity influences decision-making and work processes of corporate boards. We draw on previous research on board internationalization, diversity and language in multinational corporations. Bas…