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Economies, Volume 10, Issue 5

May 2022 - 27 articles

Cover Story: By focusing on the tacit and explicit characteristics of informal and formal institutional distances, this study investigates the competitive advantage of foreign subsidiary firms from developed countries and emerging markets operating in Latin America. Following recent research on distances in international management, this study measured the size as well as direction of distances and computed formal institutional distances based on the Worldwide Governance Indicators from the World Bank, whereas informal institutional distances were calculated using the four original dimensions of Hofstede. View this paper
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Articles (27)

  • Article
  • Open Access
4 Citations
3,921 Views
18 Pages

This study analyses the nonlinear dynamic impact of economic development on income inequality in a prudential policy regime in a panel of 15 emerging markets from 1985–2019. More importantly, we seek to extend the existing debate on this subjec...

  • Article
  • Open Access
7 Citations
4,727 Views
18 Pages

Building an adequate system of indicators to assess the financial development of countries and its practical application can improve the robustness and effectiveness of government decision-making. This paper aims to create such a system. The study us...

  • Article
  • Open Access
6 Citations
5,313 Views
16 Pages

In recent decades, the emergence of global value chains (GVCs) has changed international trade patterns. Today, the production of goods involves international production sharing, which allows countries to trace the value-added distribution to interna...

  • Article
  • Open Access
2 Citations
2,983 Views
14 Pages

This study investigates the effect of sharia firms on the cost of debt in the Indonesian market. We use OLS regression to examine the relationship by applying 1870 data observations of nonfinancial companies registered on the Indonesia Sharia Stock I...

  • Article
  • Open Access
16 Citations
9,309 Views
23 Pages

There is dense literature on the relationship between financial sector development (FSD) and income inequality. However, most of these studies employ a depth measure of FSD. This study argues that different components of FSD have a heterogenous impac...

  • Article
  • Open Access
40 Citations
12,597 Views
19 Pages

Indonesia’s government policy recommends that medium and large companies carry out corporate social responsibility programs. These programs provide sustainability for the company because they can involve community social relations, economic gro...

  • Article
  • Open Access
13 Citations
3,759 Views
12 Pages

The Stakeholders’ Role in the Corporate Strategy Creation for the Sustainable Development of Russian Industrial Enterprises

  • Yuliya Y. Medvedeva,
  • Roman S. Luchaninov,
  • Natalia V. Poluyanova,
  • Svetlana V. Semenova and
  • Ekaterina A. Alekseeva

The purpose of this study is to determine the interests of stakeholders and their influence on the strategic guidelines for the sustainable development of industrial enterprises in the Russian fuel and energy complex. Environmental safety is one of t...

  • Article
  • Open Access
30 Citations
14,439 Views
16 Pages

Rising income inequality has become a defining global challenge that hinders the achievement of the United Nations Sustainable Development Goals. The paper investigates the effect of fiscal policy and institutional capacity on income inequality among...

  • Article
  • Open Access
7 Citations
4,148 Views
25 Pages

By focusing on the tacit and explicit characteristics of informal and formal institutional distances, this study investigates the competitive advantage of foreign subsidiary firms from developed countries and emerging markets operating in Latin Ameri...

  • Article
  • Open Access
14 Citations
6,677 Views
21 Pages

Climate change and environmental crises are currently affecting the living environment of both people and the planet in general. This necessitates businesses to have a prompt and effective response to minimize or improve the harmful effects that lead...

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Economies - ISSN 2227-7099