Scientific Research Publishing

Read  full  paper  at: http://www.scirp.org/journal/PaperInformation.aspx?PaperID=53824#.VNR6KizQrzE Author(s)   Pedro S. Martins 1,2,3 , Luiz A. Esteves 4,5,6   Affiliation(s) 1 Queen Mary University of London, London, UK . 2 CEG-IST, Lisbon, Portugal . 3 IZA, Bonn, Germany . 4 Federal University of Paraná, Curitiba, Brazil . 5 CADE/MJ, Brasília, Brazil . 6 CNPq, Brasília, Brazil . ABSTRACT How much do developing countries benefit from foreign investment? We contribute to this question by comparing the employment and wage practices of foreign and domestic firms in Brazil, using detailed matched firm-worker panel data. In order to control for unobserved worker differences, we examine both foreign acquisitions and divestments and worker mobility, including the joint estimation of firm and worker fixed effects. We find that changes in ownership do not tend to affect wages significantly, a result that holds both at the worker- and ...

Read  full  paper  at: http://www.scirp.org/journal/PaperInformation.aspx?PaperID=53347#.VL71KSzQrzE Author(s)     Raymond Mac-Dermott * , Dekuwmini Mornah Affiliation(s) Virginia Military Institute, Lexington, VA, USA . ABSTRACT This paper offers qualitative analysis of the impact of culture on international business. In particular, we discuss the potential impact of each of the nine cultural dimensions that were established by the Global Leadership and Organizational Behavior Effectiveness Research Program, which is led by Robert J. House, on the decision to trade with or invest in another country. The analysis finds characterizations of source- and destination-country are important for each dimension when deciding between trade and FDI. Given the potentially conflicting recommendations, the dimensions are placed in a hierarchy to distinguish those most in need of consideration from those of secondary import.   KEY...

Read  full  paper  at: http://www.scirp.org/journal/PaperInformation.aspx?PaperID=53347#.VL3NLCzQrzE Author(s)     Raymond Mac-Dermott * , Dekuwmini Mornah Affiliation(s) Virginia Military Institute, Lexington, VA, USA . ABSTRACT This paper offers qualitative analysis of the impact of culture on international business. In particular, we discuss the potential impact of each of the nine cultural dimensions that were established by the Global Leadership and Organizational Behavior Effectiveness Research Program, which is led by Robert J. House, on the decision to trade with or invest in another country. The analysis finds characterizations of source- and destination-country are important for each dimension when deciding between trade and FDI. Given the potentially conflicting recommendations, the dimensions are placed in a hierarchy to distinguish those most in need of consideration from those of secondary import.   KEY...