scholarly journals Increased Regulation and De-Risking Are Impeding Cross-Border Financing in Emerging Markets

10.1596/30374 ◽  
2018 ◽  
Author(s):  
Ariane Volk ◽  
Susan Starnes

SAGE Open ◽  
2021 ◽  
Vol 11 (2) ◽  
pp. 215824402110074
Author(s):  
Zhiyi Qiu ◽  
Rong Chen ◽  
Ye Yang

Cross-border venture capitals (CBVCs) are increasingly prevailing in recent decades, inter alia in emerging markets like China. The venture capital (VC) firms investing outside their home countries are faced with foreignness which is broadly regarded as liability. The primary aim of this article is to contribute to our understanding how foreignness affects VC’s strategy when entering emerging markets, particularly with respect to the foreignness originated from cultural distance. The data consist of over 5,000 CBVC deals taking place in China mainland from 1988 to 2016. Our empirical study shows that, with foreignness growing, it turns from liability into advantage in the context of CBVCs. We find an inverse U-shape relationship between foreignness and syndication, with VC firm’s reputation as the moderator. Besides, foreign VC firms establish local subsidiary when faced with foreignness, which serves as alternative to syndication. The key contribution of this article is that foreignness turns from liability into advantage in emerging markets, which exerts a curvilinear impact on the entry strategy of VC firms. This study advances the knowledge of foreignness and VC strategy, and sheds new light on entrepreneurial activities in emerging markets.



Author(s):  
Noor Nahar Begum ◽  
Md Masudul Hassan

The rapid expansion of the internet provides the world great achievements both in social and economic life. E-commerce has become one of the serenest ways of doing business and has a persuasive impact on the economy. It is the set of transactions that have been conducted through internet connections and computer networks. This chapter aims to look at the cross-border e-commerce payments. Specially, the chapter has focused on the trends in e-commerce payments, methods of online payments, effects of cross-border e-commerce, factors affecting cross-border e-commerce payments, friction of cross-border e-commerce system, drivers and impediments of cross-border e-commerce, growth of cross-border e-commerce in emerging markets. Moreover, this chapter shows how information has become the blood of e-commerce. It has extensive effects on the economy, society, and indeed national security.



2016 ◽  
Vol 47 (9) ◽  
pp. 1077-1105 ◽  
Author(s):  
Chenxi Zhou ◽  
Jinhong Xie ◽  
Qi Wang


2016 ◽  
Vol 59 (3) ◽  
pp. 313-331 ◽  
Author(s):  
Jianhong Zhang ◽  
Xinming He ◽  
Désirée M. van Gorp




2003 ◽  
Vol 03 (236) ◽  
pp. 1 ◽  
Author(s):  
Hali J. Edison ◽  
Francis E. Warnock ◽  
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