infonet-economy

Past research on team boundary work has focused on a “cold,” information-exchange perspective to explain why boundary activities affect team innovation. Although the theory is widely accepted, empirical studies on the actual mechanism are scant and produce inconsistent results. Drawing from Interaction Ritual Theory (Collins, 2004), we propose a “warm,” affective perspective that...

The recent crisis has revealed that bank and sovereign risks are inherently intertwined. This paper develops a model of the bank-sovereign nexus to identify the main spillovers and to study the implications of guarantees and capital regulation. We show how banks’ asset risk may trigger a sovereign default through taxation and deposit insurance. The latter can be contagious because of...

We provide the first joint analysis of the secured and unsecured money markets of the euro area using bank-level data. After the Lehman crisis, two important substitution mechanisms emerge: banks with higher credit risk offset reductions of unsecured borrowing with secured funding. Riskier banks replace unsecured lending by granting more secured loans. However, high leverage and...

As global trade continues to stagnate, the spotlight has shifted during China’s G20 Presidency to foreign direct investment (FDI).Two recent developments have brought FDI to the forefront of international policy deliberations. First, at their annual meeting in July 2016, G20 trade ministers endorsed nine G20 Guiding Principles for Global Investment Policymaking. Second, in June 2016...

Financing the End to End Supply Chain provides readers with a real insight into the increasingly important area of supply chain finance. It demonstrates the importance of the strategic relationship between the physical supply of goods and services and the associated financial flows. The book provides a clear introduction, demonstrating the importance of the strategic relationship...

Die grosse Rebellion blieb aus, dem Protokoll wurde Folge geleistet: Die Republikanische Partei krönte an ihrem Konvent in Cleveland, Ohio, den politischen Neuling, Unternehmer und Reality-TV-Star Donald J. Trump zu ihrem offiziellen Kandidaten.

Disruptive change has become a trademark of the post-financial crisis era. Many organisations are facing extremely challenging austerity-based situations, affecting and disrupting their business model and their institutional logic, and leaving employees vulnerable to job threat. The UK public sector is a particular case in point as it has already faced a series of dramatic budget...