This dissertation investigates how institutional environments and firm resources influence firm scope. Building on strategy and international business literatures, I propose that institutional environments influence firm scope through the impacts on both the development of internal resources and the availability of external resources. In Chapter 2, I disaggregate the concept of institutional di...

Investigating banks’ status has always been a concern to its management and regulatory decisions, which can be carried out by means of income diversification and CAMEL composite. The importance of income diversification is to decline the operation risk. The soundness of banking is also another essential component in the banking industry that can be evaluated by CAMEL. This article’s two primary...

By examining the impact of the introduction of the Euro on stock markets and on country diversification within the Eurozone, the evidence does not suggest a high risk to the stock market to justify a risk premium as a result of currency union. Although the Euro market integration has increased inter-country correlations, it does not preclude gains from international diversification, which parti...