The COVID- 19 pandemic changed familiar working practices overnight; Routine face to meetings could not be held, accordingly, businesses were forced replace routine by digital technology engage socially dispersed stakeholders in the task of maintaining business continuity. Radical sports cars are a motorsports that has recently undergone turnaround and is beginning transitional journey recovery...

Motivated by the ongoing interest of policy makers in the sources of job creation, this paper presents results from a new OECD project on the dynamics of employment (DynEmp) based on an innovative methodology using firm-level data (i.e. national business registers or similar sources). It demonstrates that among small and medium sized enterprises (SMEs), young firms play a central role in creati...

This paper investigates the role of the board in monitoring corporate risk. Proponents of riskrelated governance structures such risk committees or Enterprise Risk Management (ERM) programs contend that risk monitoring adds value by ensuring that corporate risks are managed. An alternative view is that such governance structures are nothing more than window-dressing in response to regulatory or...

This paper analyses the changing patterns of Japanese foreign direct investment (FDI) and the activities of Japanese multinational firms in different industrial sectors in China before and after the East Asian crisis in 1997 and 1998, and investigates changes in their impact on interdependence between China and Japan in the process of economic integration in East Asia. In order to analyse struc...

Introduced in late-2007, SFAS 157 redefined existing accounting standards concerning fair value accounting and significantly impacted financial reporting for financial institutions. Prior studies, using larger samples of financial firms, have concluded that Level 3 fair values (the most opaque and subjective fair values) were heavily discounted by the market. Consistent with prior studies, this...

This paper identifies the effect of financing constraints on firms’ labor demand. We exploit exogenous funding shocks to German savings banks during the US mortgage crisis that are unrelated to local conditions. We find that firms with credit relationships with affected banks experienced a significant decline in employment and in labor compensation relative to firms whose credit relationships w...

This work proposes a graph mining based approach to mine a taxonomy of events from activities for complex videos which are represented in terms of qualitative spatio-temporal relationships. A Hidden Markov Model to obtain stable qualitative spatial relations from noisy measurements is introduced. The effectiveness of the approach is demonstrated through experimental results for a complex aircra...