Does Business Group Affiliation Matter for Superior Performance? Evidence from Pakistan
نویسندگان
چکیده
منابع مشابه
The impact of business group affiliation on performance: evidence from China’s ‘national champions’
An important aspect of China’s economic reforms has been an ambitious policy to develop a 100 or so large, internationally competitive business groups. Very little is known about these national champion groups or the benefits to subsidiary firms of belonging to them. This study, building from insights and methods used in existing literature, examines the performance of subsidiaries affiliated t...
متن کاملDoes Institutions Matter for Economic Development? Evidence for ASEAN Selected Countries
Abstract The theoretical and applied issues of the relationship between institutions and economic growth have thoroughly been examined in ASEAN countries. This study revisits the issue and tests the role of institutions in the economic growth using the World Governance Indicators (WGI) and uses a new method to examine the impact of the various institutions on the economic growth. We used dynam...
متن کاملDoes the Education of Politicians Matter? Evidence from a Bachelors Degree Requirement for Legislators in Pakistan
In order to contest elections in Pakistan in 2002, all candidates for the lower House of Parliament had to have graduated with a Bachelors degree or higher. This unique policy experiment disquali ed 60 of the 207 legislators elected in the 1997 election, allowing us to identify the causal e¤ect of legislator education on policy outcomes for the rst time; the outcome we study is their developme...
متن کاملDoes Exchange Rate Non-Linear Movements Matter for Analyzing Investment Risk?. Evidence from Investing in Iran’s Petrochemical Industry
< p>The present study models the risk of investment in the petrochemical industry considering the impacts of exchange rate (US dollar to Iran''''s Rial) movements using the time series data from November 2008 to March 2019 and ARFIMA-FIGARCH framework. The empirical results prove the existence of the Fractal Market Hypothesis, FMH, and the Long Memory property in both the risk and return of the...
متن کاملDoes Exchange Rate Non-Linear Movements Matter for Analyzing Investment Risk? Evidence from Investing in Iran’s Petrochemical Industry
The present study models the risk of investment in the petrochemical industry considering the impacts of exchange rate (US dollar to Iran's Rial) movements using the time series data from November 2008 to March 2019 and ARFIMA-FIGARCH framework. The empirical results prove the existence of the Fractal Market Hypothesis, FMH, and the Long Memory property in both the risk and return of the petroc...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Sustainability
سال: 2018
ISSN: 2071-1050
DOI: 10.3390/su10093060