Different researchers have recommended different decision frameworks for international market selection. As parts of those decision frameworks, most researchers have recommended for the evaluation of macro-environmental and business operating environmental variables. However, few attempts have been made so far to empirically test those frameworks. This study provides a partial test of those frameworks. Specifically, it looks at the host country's business operating environmental variables recommended by different researchers. Using both exploratory and confirmatory factor analysis techniques, it identifies the operating environmental factors considered by the successful Australian international businesses in their international market selection process. Three constructs and their measur...
If Aihua Sun, owner of the new Aihua International Market near the corner of Green River Road and Morgan Avenue, decided to post a hawker outside the front door (in true international style), he might sound something like this: Hey, you need some beans? We got beans. We got garbanzo beans, kidney beans, black-eyed peas, black beans, mung beans, soy beans, fava beans, pinto beans, gram beans..
The large gap between American CEO pay and foreign CEO pay is one of the biggest puzzles in executive compensation. Recent scholarship has suggested that it is the result of board capture. This theory claims that the pay gap arises because in the US passive friendly directors award their CEOs huge pay increases, while in other countries tight-fisted control shareholders suppress CEO pay levels. This paper criticizes Board Capture Theory and then develops four market-based theories that offer persuasive alternative explanations for the international CEO pay gap. It argues that market forces will determine whether the pay gap will disappear and that current proposals for government intervention will be at best ineffective, and more likely counterproductive.
[...] Teri L. Caraway uses crossnational surveys, as well as sectoral analyses and employer interviews in Indonesia, to understand how and why feminization of the global workforce has occurred. The Feminization of Global Manufacturing, Caraway asks how and why women are incorporated into the international capitalist market. [...] she asks, if women are hired because they are the cheapest labor available, why are they not dominant in all economic sectors?
This study provides new evidence regarding the effects of patent protection on international trade in developing countries also known as "emerging market economies ". It employs a gravity model of bilateral trade flows and estimates the effects of increased protection on a cross-section of 69x68 countries. It improves on previous studies in two respects. First, we estimate the gravity model for two different kinds of aggregates: total non-fuel trade and high technology trade. Second, it addresses the problem of zero trade flows between countries by adopting a bivariate distributed probit regression model. Third, to measure the strength of Intellectual Property Rights (IPRs) regimes, we make use of a fine tuned index on national IPRs systems developed by Park and Ginarte (1996). Our resu...
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