The Impact of Organizational Learning on the Cross-Border Acquisition’s Deal Completion and Duration : Evidence from U.S. Insurance Industry

Intrafirm competition, production relocation and outsourcing define crucial ways of organising and reorganising the cross-border operations of multinational corporations. What is more: these organisational activities put severe pressure on established economic coordination and governance both in developed as well as in developing countries. However, despite their organisational, political and economic salience, rather little is known about these processes and in particular about their socio-political dimensions. To this end, the contributions of this special issue aim at exploring, first, who the relevant actors are, what their interests are and how their strategies can be captured in intrafirm competition, production relocation and outsourcing. Second, the contributions discuss the wider socio-economic implications of firm-level processes by discussing, for example, the impact of outsourcing and relocation on employment fragmentation. Finally, the importance of public discourses is highlighted with regard to their role in both legitimating and promoting intrafirm competition, production relocation and outsourcing.

Download Full-text

An Empirical Study on the Trade Impact of Cross border E-commerce on ASEAN and China under the Framework of RECP

E3S Web of Conferences ◽

10.1051/e3sconf/202127501039 ◽

2021 ◽

Vol 275 ◽

pp. 01039

Author(s):

Guanhui Wang ◽

Zengyu Cao

Keyword(s):

Geographical Location ◽

Economic Factor ◽

The Internet ◽

Global Trade ◽

Trade Volume ◽

Cross Border ◽

The Cross ◽

Asean Countries ◽

Trade Gravity Model ◽

The Impact

As an indispensable part of future global trade, the cross-border e-commerce will change the form and volume of the current global trade with globalization. Taking China and ten ASEAN countries as the research object, this paper empirically tests whether the cross-border e-commerce under the RCEP framework will affect the trade scale between China and ten ASEAN countries through the trade gravity model. As the research suggests, the impact of GDP and the Internet popularity on the trade scale of different ASEAN countries and China is not the same. Malaysia, Vietnam, Singapore, Thailand and other countries have larger trade volume with China due to economic factor, Internet, geographical location and other factors, while Brunei and Laos, which are closer to China with smaller economic volume, have more obvious shortcomings and are less related to the trade with China.

Download Full-text

The Effect of the Regulation on Cross-Border Security and Quasi-Security

Moss, Fletcher and Isaacs on the EU Regulation on Insolvency Proceedings ◽

10.1093/oso/9780199687800.003.0006 ◽

2016 ◽

Author(s):

Stuart Isaacs ◽

Felicity Toube ◽

Nick Segal ◽

Jennifer Marshall

Keyword(s):

Border Security ◽

Cross Border ◽

The Cross ◽

Insolvency Proceedings ◽

The Impact ◽

Secured Creditors

This chapter examines the impact of insolvency proceedings recognized by the Regulation on the rights of secured creditors, particularly the rights of such creditors to enforce their security and participate in the relevant insolvency proceedings. It also considers the impact of the Regulation on banks which hold security/quasi-security, addressing in particular the cross-frontier security rights of banks which hold security over the assets of companies or persons who enter into insolvency proceedings regulated by the Regulation, and the effect of those insolvency proceedings on the banks’ security interests. The chapter identifies those Articles of the Regulation which are particularly relevant to the position of a bank as a secured creditor, addresses the interpretation of those provisions (including the identification of difficult points of construction), and considers the practical aspects and the issues which are likely to face banks seeking to enforce security following the Regulation coming into force.

Download Full-text

The impact of cross-border knowledge management on internationalizing Renminbi: lessons from the belt and road initiative

Journal of Knowledge Management ◽

10.1108/jkm-01-2021-0062 ◽

2021 ◽

Vol 26 (1) ◽

pp. 257-267

Author(s):

Bin Yu ◽

Huimin Liu ◽

Huifang Cheng ◽

Peng Gao

Keyword(s):

Knowledge Management ◽

Cross Cultural ◽

Risk Governance ◽

Management Mechanism ◽

Exogenous Shock ◽

Content Type ◽

Cross Border ◽

The Cross ◽

The Impact ◽

Rmb Internationalization

Purpose In the process of Renminbi (RMB) internationalization, the heterogeneity and complexity in knowledge under the multicultural contexts have been considered as important factors that can have profound impacts on the cross-border flow of the RMB currency. Moreover, COVID-19, an exogenous shock, also triggers more in-depth reflection on the relationship between cross-border knowledge management and the financial risk governance. In addition, the needs to effectively respond to global risks and crises prompt the necessity in systematically establishing an effective cross-border knowledge management mechanism and innovatively solidifying the knowledge bases needed for the further internationalization of the RMB. Design/methodology/approach Based on the analysis on the current status of the RMB internationalization, this paper qualitatively explores some major challenges and difficulties encountered in the process of RMB internationalization from the perspectives of knowledge management and cross-cultural theories. To effectively mitigate these challenges and difficulties, discussions and recommendations centered on three main aspects: cross-cultural management; cognition; and innovation for the further development of the RMB internationalization are also presented in this paper. Findings Based on the analysis on the cross-border knowledge management and cross-cultural perspectives, this paper identifies three major challenges and difficulties that the RMB internationalization is encountering, including: cultural heterogeneity and its adverse impacts on the communication amongst economic entities; the existence of knowledge iceberg; and the difficulty it presents to cognition and financial innovation. Meanwhile, the authors also present recommendations on the development of the cross-border knowledge management mechanism for furthering the progress of internationalizing the RMB currency. Research limitations/implications From the perspective of cross-border knowledge management, this study not only elaborates on the recommendations aimed at further promoting the RMB internationalization but also provides reference and guidance for the state, central banks and commercial banks to play better roles in furthering the RMB internationalization. Originality/value This paper creatively integrates the micro knowledge management into the macro process of RMB internationalization, thoroughly discusses two main challenges and difficulties encountered in the process of RMB internationalization from the unique perspective of cross-border knowledge management under the multicultural contexts and provides relevant recommendations for RMB’s further internationalization. This study also enriches the exploration of knowledge management outcome variables and further expands the research field of knowledge management.

Download Full-text

The impact of migration on the cross-border M&A: Some evidence for Japan

World Economy ◽

10.1111/twec.12615 ◽

2018 ◽

Vol 41 (9) ◽

pp. 2464-2490

Author(s):

Ivan Etzo ◽

Sumiko Takaoka

Keyword(s):

Cross Border ◽

The Cross ◽

The Impact

Download Full-text

The impact of the construction of the new 400 kV transmission power lines between Slovakia and Hungary on the cross-border transmissions

Journal of Electrical Engineering ◽

10.2478/jee-2019-0075 ◽

2019 ◽

Vol 70 (5) ◽

pp. 418-428

Author(s):

Marek Siranec ◽

Alena Otcenasova ◽

Peter Bracinik

Keyword(s):

Simulation Model ◽

Transmission Lines ◽

Transmission System ◽

Power Lines ◽

Transmission Power ◽

System Operation ◽

Cross Border ◽

Before And After ◽

The Cross ◽

The Impact

Abstract This article is focused on the analysis of impacts on the cross-border transmissions between Slovakia and Hungary and between Slovakia and Ukraine after the completion of the new 400 kV transmission lines on the cross-border profile Slovakia – Hungary. A simulation model of the Slovak transmission system in software ETAP was created, which is set for exploring the impacts of the new Slovak – Hungarian transmission lines 447, 480 and 481 on the cross-border and national transmissions. Correctness of the created simulation model was confirmed by the match of the measured values from winter nationwide measurement with the calculated values from the simulation model. Subsequently, several variants of the Slovak transmission system operation before and after completion of the new power lines to Hungary were evaluated.

Download Full-text

A Magyarország és Szerbia közti határ menti turisztikai projektek hatása a Vajdaság turisztikai fejlődésére : The impact of border tourism projects between Hungary and Serbia on the tourism development of Vojvodina

Turizmus Bulletin ◽

10.14267/turbull.2021v21n2.6 ◽

2021 ◽

Vol 21 (2) ◽

pp. 55-63

Author(s):

Anett Tőzsér

Keyword(s):

European Union ◽

Tourism Development ◽

The European Union ◽

Literature Research ◽

Cross Border ◽

Union Support ◽

Tourism Resources ◽

The Cross ◽

The Impact

Jelen kutatás célja, hogy megvizsgálja azoknak a határ menti turisztikai projekteknek az eredményeit és hatásait, amelyek szerb–magyar viszonylatban valósultak meg a 2014 és 2020 közötti európai uniós támogatási időszakban. A vizsgálatokat részben szakirodalmi kutatással, részben pedig azoknak az interjúknak a segítségével végeztük el, amelyeket a térségre jellemző turisztikai termékekhez kapcsolódó jelentősebb projektek vezetőivel készítettünk. A vizsgálatok során azt tártuk fel, hogy a fenti projektek által kitűzött célok és eredmények hogyan és milyen mértékben segítik a Vajdaság turisztikai fejlődését. A kutatás megmutatta, hogy a projektek által érintett településeken kiugró fejlődés ugyan nem történt, azonban az uniós források nélkül ez a fejlődés kisebb mértékű lenne. Elmondható, hogy a turisztikai források mindenképpen fejlődési alternatívát jelentettek a kisebb méretű települések számára, és hogy a támogatott projektek jelentős hatást gyakoroltak egy-egy település mikroközösségének életére, a szorosabb együttműködések kialakítására. The aim of the present research is to examine the results and impacts of the cross-border tourism projects that were implemented under the Serbian-Hungarian relationship within the period of the European Union support between 2014 and 2020. Our research was carried out partly with the help of literature research and partly with that of interviews with the managers of major projects related to the tourism products of the region. The research revealed how and to what extent the goals and results set by these projects help the tourism development of Vojvodina. The research showed that although there was no outstanding development in the settlements affected by the projects, without EU funds development would have been smaller. For smaller settlements, tourism resources were definitely an alternative for development, and the supported projects had a significant impact on the life of the micro-community of each settlement, on the establishment of closer cooperation.

Download Full-text

Exit Taxation as an Obstacle to Corporate Emigration from the Spectre of EU Tax Law

Cambridge yearbook of European legal studies ◽

10.5235/152888712801752898 ◽

2011 ◽

Vol 13 ◽

pp. 245-281

Author(s):

Christiana Hji Panayi

Keyword(s):

Case Law ◽

Tax Law ◽

Investment Strategies ◽

Cross Border ◽

Tax Legislation ◽

The Cross ◽

The Impact ◽

Direct Tax ◽

Cross Border Movement

AbstractIn this chapter I examine how the cross-border movement of companies may be affected by some tax rules and I consider the impact of EU law on such rules. The examination is in the context of the case law of the Court of Justice and the limited EU direct tax legislation. I assess how these affect the cross-border movement of companies as well as their investment strategies. I conclude by considering whether this is a satisfactory way of dealing with the issues. The contents of this chapter are based on materials available up to 1st March 2011.

Download Full-text