We compare the survival of new domestic and foreign owned firms. We analyze the determinants of the survival of new firms and investigate whether foreigness accounts for significant differences in the survival of new foreign and new domestic firms. We find survival to be determined by ownership advantages, size and growth strategies, the internal organization of firms, and by industry character...

A stock exchange is an entity which provides ‘‘trading’’ facilities for stock brokers and traders to trade stocks and other securities. How to invest in stock exchange is one of the important issues in investment, and one of the factors that can help investors in the process of investment is the efficiency of the corporation under consideration. Data envelopment analysis is a mathematical method...

This chapter examines the risk factors for firms investing in e-commerce or electronic commerce in New Zealand. The relationships between the intra and extra organisational factors that ensure the success or failure of the electronic commerce projects in New Zealand are discussed. The investment risks for electronic commerce projects may rest on the planning, development, implementation and pos...

This paper reports a new test of capital structure theories using a filtering technique to identify large investment projects. Contrary to the results of aggregate studies, firms respond to investment spikes by raising la rge amounts of external finance. Large firms raise debt finance and small firms issue new equity. These results run counter to predictions of the pecking order theory. New equ...

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Medium-term modeling of electricity market has essential role in generation expansion planning. On the other hand, uncertainties strongly affect modeling and consequently, strategic analysis of generation firms in the medium term. Therefore, models considering these uncertainties are highly required. Among uncertain variables considered in the medium term generation planning, demand and hyd...

The study primarily investigated whether there has been a tangible shift in the activities of the Indian software firms towards higher end of the value chain and factors that helped the firms to make transitions. The objectives were examined by broad examination of thirty nine software firms and deeper investigation based on case study of three firms derived from the above selected firms. It wa...

A model is constructed in which multinational firms may arise endogenously. Multinationals exist equilibrium when transport and tariff costs are high, incomes firm-level scale economies important relative to plant-level economies. Less obvious, multinationals more total economic activity countries similar incomes, factor endowments, technologies. The thus be useful explaining several stylized f...