This study is probably the first attempt to examine the nonlinear relationship between export
diversification and income inequality. It uses a balanced panel of 90 countries over the 2002 …

We review the literature on equity home bias, a phenomenon stating that investors do not
hold enough foreign equities for an optimally diversified portfolio. We begin by defining the …

Although the major part of literature on foreign direct investment FDI is largely based on the
assumption of imperfections in goods and factor markets, a small but growing literature has …

We provide an alternative perspective on the benefits of investing in Multinational
Companies (MNCs) using a unique hand-collected dataset on the location of UK firm's sales …

Purpose This paper aims to explore the ambiguity and limitations of measuring firm-level
multinationality (FLM) using theoretical and empirical comparisons of existing methods. The …

Despite the great deal of previous research into international diversification, we know little
about the impact of international diversification on firms' credit scores. Drawing upon the …

We find that when a US domestic firm becomes a multinational (MNC), its returns comove
more with those of existing multinational firms and less with those of purely domestic firms in …

The study addresses the benefits of a unified stock market in terms of diversification risk for
the eight CEE stock markets. For this purpose, each stock market was treated as a separate …

This paper investigates the factors affecting export diversification in Iran. As deducted from
heterogeneous trade theory, the main variables of interest in this paper's baseline …

Based on their ability to facilitate interdependencies across the borders of national and
regional markets, multinationals enterprises (MNEs) act as the key drivers of world trade and …