CORPORATE INVESTMENT IN THE GLOBAL FINANCIAL CRISIS

Crisis Transmission: Global Financial Crisis

The aim of this paper is to explore, empirically, the channels of crisis transmission with regard to the Global financial crisis. EMP-based crisis proxy is used for eight countries, which include Argentina, Brazil, Canada, Indonesia, Japan, Korea, Mexico and Russia. The period considered for estimation was Q1 2001 Q2 2010. Based on the Vector AutoRegression (VAR) and Ordinary Least Squares (OLS...

Economic Growth, Over-investment, and Financial Crisis

Corporate Performance in the East Asian Financial Crisis

The sharp decline in the once-stellar performance of East Asian corporations following the 1997 financial crisis has sparked an intense debate. Some observers argue that external shocks, including a drop in aggregate demand and a shortage of working capital, explain the corporate sector’s poor performance. Others assert that the difficulties were apparent well before the crisis and that the ris...

Foreign Direct Investment Resilient in the Face of Financial Crisis

1999. The pagination here will be different from the final book and there may be other minor editorial changes in the final version which will be available in April 1999.

Global financial crisis, corporate governance, and firm survival:: The Russian experience

Iwasaki, Ichiro—Global financial crisis, corporate governance, and firm survival: The Russian experience Using a unique dataset obtained from large-scale panel enterprise surveys conducted in 2005 and 2009, we clarify the survival status of Russian industrial firms before and after the global financial crisis and empirically examine the determinants of firm survival. The estimation of the Cox p...