Social and Behavioral Sciences Commons^™

The Long-Run Performance Of U.S. Firms Pursuing Ipos In Foreign Markets, Robert N. Killins, Peter V. Egly

Economics and Finance Faculty Publications and Presentations

Purpose

The purpose of this paper is to investigate the long-run performance of a unique set of US domiciled firms that have bypassed the US capital markets in pursuit of their initial public offering (IPO) overseas. Additionally, this paper then tests the popular underwriter prestige impact and the window of opportunity hypothesis on this unique subset of IPOs.

Design/methodology/approach

Using a sample of foreign and purely domestic IPOs made by US firms from 2000 to 2011, this study investigates the long-term performance, one-, two- and three-year by using two measures (buy-and-hold return and cumulative abnormal returns) to test the long-run …

From Rags To Riches: Following The East Asian Blueprint By Governments And Firms, Shantanu Bhattacharya

Asian Management Insights

What governments and firms should know before following the East Asian blueprint.

Charles Ballard Interview, Justin Carinci

External Papers and Reports

Professor Charles Ballard of Michigan State University delivered the lecture “The Fall and Rise of Income Equality in the United States” Sept. 27, 2017 as part of the Werner Sichel Lecture Series at Western Michigan University. Ballard detailed the “Great Convergence” of income equality in the United States that grew out of policies of the 1930s and 1940s and a “Great Divergence” of inequality starting about 1980. Ballard called this income gap, which is now greater than during the Gilded Age, “the largest economic phenomenon of our lifetimes.”

Global Corporate Responsibility In Domestic Context: Lateral Decoupling And Organizational Responses To Globalization, Alwyn Lim

Research Collection School of Social Sciences

This paper examines how the domestic reception of global corporate responsibility is significantly shaped by institutionalized differences among state, business and civil society actors in the domestic context. In the global diffusion of ideas and practices, the decoupling of global policies and domestic practice is endemic, a process that this paper argues results from competing domestic interests and orientations. I examine this process of ‘lateral decoupling’ in a case study of the reception of the United Nations Global Compact among corporate responsibility practitioners in the city-state of Singapore. Differences in ceremonial, pragmatic and non-adversarial orientations towards global corporate responsibility generated …

Chinese American Librarians Association: Embracing Diversity And Outreaching To The Global Community, Sai Deng, Ying Zhang

Faculty Scholarship and Creative Works

No abstract provided.

Yin And Yank? Public Opinion In Europe Toward The Us And China, Soo Yeon Kim, Sophie Meunier, Zsolt Nyiri

Department of Political Science and Law Faculty Scholarship and Creative Works

Perceptions of the United States in European public opinion greatly improved around 2008, while perceptions of China simultaneously deteriorated. The Transatlantic and Sino-European relationships stem from radically different historical contexts. Yet could the image of China and the image of the U.S. be related in the eyes of Europeans? This paper examines whether attitudes toward China have contributed to determining attitudes toward the U.S. in Europe by analyzing data from the Transatlantic Trends survey taken in 2010, a critical juncture in Europe’s relations with both the U.S. and China. We investigate three hypotheses about this relation: the “yin and yank” …

Pre-Occupied Spaces: Remapping Italy's Transnational Migrations And Colonial Legacies [Table Of Contents], Teresa Fiore

Sociology

By linking Italy’s long history of emigration to all continents in the world, contemporary transnational migrations directed toward it, as well as the country’s colonial legacies, Fiore’s book poses Italy as a unique laboratory to rethink national belonging at large in our era of massive demographic mobility. Through an interdisciplinary cultural approach, the book finds traces of globalization in a past that may hold interesting lessons about inclusiveness for the present.

Fiore rethinks Italy’s formation and development on a transnational map through cultural analysis of travel, living, and work spaces as depicted in literary, filmic, and musical texts. By demonstrating …

Transforming The State, Challenging The Nation: The Role Of Identity Politics In The Brexit Vote, Rebecca Mendelsohn

Political Science Honors Projects

British voters have decided to withdraw membership from the European Union (EU). By considering the outcome of Brexit as a moment in time when British voters declared, “this is who we are,” this project asks: What role did identity play in the Brexit vote? What does Brexit tell us about how expressions of identity have been affected by transformations of the state? An internal conflict over what it means to be British has, in part, driven the United Kingdom to leave the EU. Neither British Euroscepticism nor competing notions of Britishness are new. Rather, anxiety over the ability to dictate …

Ignatian Pedagogy Certificate Final Project, Catherine Nichols

Ignatian Pedagogy Educational Resources

No abstract provided.

Ignatian Pedagogy Certificate Final Project, Pamela K. Morris

Ignatian Pedagogy Educational Resources

No abstract provided.

Developed Toast, Modern Laundry: Nepali Household Appliance Discourses, Maureen Mccord

Independent Study Project (ISP) Collection

This project investigates discourses of modernity, globalization, class identity, and social change in Kathmandu, Nepal, through the lens of ten Nepali women’s purchase and usage of home appliances. Four weeks of ethnographic research sought to identify prevailing practices and attitudes toward household appliances in the city, situating them in broader discourses of globalization, modernity, class identity, and social change. The project is composed of participant observation in Nepali homes, including informal interviews, with project participants sourced from my own social network. My collaborators’ practices and opinions on appliances engage discourses of the developmentalist and modernizing South Asian state, fluid and …

Astroturf Activism, Melinda (M.J.) Durkee

Scholarship@WashULaw

Corporate influence in government is more than a national issue; it is an international phenomenon. For years, businesses have been infiltrating international legal processes. They secretly lobby lawmakers through front groups: “astroturf” imitations of grassroots organizations. But because this business lobbying is covert, it has been underappreciated in both the literature and the law. This Article unearths the “astroturf activism” phenomenon. It offers an original descriptive account that classifies modes of business access to international officials and identifies harms, then develops a critical analysis of the laws that regulate this access. I show that the perplexing set of access rules …

Autarky Or Interdependence? U.S. Vs. European Security And Defense Industries In A Globalized Market, Diane Maye Zorri

Publications

Globalization theorists show how downward pressure to compete and/or

save costs in global markets will lead producers and consumers to source

goods and services in the cheapest and most efficient manner. However, in

certain sectors, such as the defense industry, security concerns and politics

can overshadow economic logic when it comes to making procurement

decisions. These political and security concerns keep the U.S. defense

industry from using the most cost-effective supply chains and

manufacturing centers, whereas in Europe, post-Cold War socioeconomic

and political realities allowed for more transnational cooperation on

defense procurement. Three cases serve to illustrate the spectrum between …