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Monday, March 9

  1. page Mustafa Guclu edited {Dynamic Response Model - Burak.doc} MANAGERIAL MENTALITY FILTERS IN MULTINATIONAL CORPORATIO…

    {Dynamic Response Model - Burak.doc}
    MANAGERIAL MENTALITY FILTERS IN MULTINATIONAL CORPORATIONS
    ABSTRACT
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    5:08 pm

Thursday, March 5

  1. page Market returns in Kenya (Yvan) edited ... Kenya is a regional hub for finance and trade in East Africa. It was one of the first African …
    ...
    Kenya is a regional hub for finance and trade in East Africa. It was one of the first African countries eligible for the trade benefits of AGOA in 2000. Since becoming AGOA eligible, Kenya has steadily increased its exports to the US market. Historical data shows that Kenyan exports to the US have more than doubled in the first year of AGOA. Textile, agricultural and electronic products are the biggest Kenyan exports to the US.
    Kenya has been politically stable in general but its economic growth has been hampered by corruption. The Nairobi Stock Exchange (NSE) is one of the biggest stock exchanges in Africa. The NSE is also said to be highly manipulated and corrupt like many institutions in Kenya. Many companies listed on the NSE export their products to the United States under the AGOA agreement.
    ...
    the AGOA. TheThe dates of
    1. May 18th 2000
    2. August 6th 2002
    ...
    The AGOA treaty has been criticized as a potential source of fraud. It is believed that Chinese and Indian companies are exporting their products to the US through eligible African countries. Some highly corrupt African countries (like Kenya) may be shipping products to the US that are actually made in China and India. Moreover, the AGOA is just an American legislation and the US Congress can revoke it anytime it wishes. The US President has excessive powers in this legislation. American lobby groups and labor unions also criticized this legislation; they argued that there is a potential competition of cheaper African products and job losses in America.
    3. The Nairobi Stock Exchange (NSE)
    ...
    two decades. TheThe NSE, founded
    Trading at the NSE is carried out by Stockbrokers on behalf of investors or by Dealers for their own accounts. All stockbrokers and dealers have to be members of the NSE.
    The Capital Market Authority of Kenya (CMA-K), a government entity, regulates and oversees the NSE.
    ...
    Aggarwal et Al (1998) studied the impact of NAFTA on the valuation of US companies. Their study covered various industries on the US stock market and some of the results were surprising. The telecommunication and auto industries, forecasted as NAFTA beneficiaries, experienced stock price declines at the signing of the treaty. The impact of NAFTA was different across industries.
    Klein (2001) used an event methodology in assessing the effects of NAFTA events on the Mexican stock prices. The study analyzed a total twenty two (22) events of the lengthy negotiation process. Only one event, the approval of the free trade agreement by the US Congress, generated abnormal returns for Mexican firms.
    ...
    remarkable growth. ShapouriShapouri and Trueblood
    ...
    and NSE.docx} Review by Adrian Vinuales
    (view changes)
    10:28 pm
  2. page Market returns in Kenya (Yvan) edited 1. Introduction The The motivation of ... in Kenya. The AGOA is an American legislatio…
    1. Introduction
    The

    The
    motivation of
    ...
    in Kenya.
    The AGOA is an American legislation that provided duty-free access for a large number of African products into the US market. Many free trade agreements have been signed in the last two decades. Free trade agreements are generally signed to remove tariffs, quotas and any other trade barriers. However, economists agree that free trade agreements bring freer trade, not free trade. There are always some trade barriers or restrictions that are not removed by free trade agreements.
    ...
    the US.
    Kenya

    Kenya
    has been
    ...
    AGOA agreement.
    These

    These
    Kenyan companies`
    ...
    events are:
    1.

    1.
    May 18th 2000
    2.

    2.
    August 6th 2002
    3.

    3.
    July 12th 2004
    The

    The
    abnormal returns
    ...
    market duty-free.
    The rest of this paper is divided as follows: Section 2 and 3 describe the AGOA legislations and the Nairobi Stock Exchange. In Section 4, we discuss the available literature on our research topic. Section 5 describes the methodology used in our study, Section 6 discusses our results and Section 7 offers the conclusions of the study.
    2. AGOA Legislations
    ...
    Bush thereafter.
    The

    The
    legislation liberalized
    ...
    since 2000.
    The AGOA treaty has been criticized as a potential source of fraud. It is believed that Chinese and Indian companies are exporting their products to the US through eligible African countries. Some highly corrupt African countries (like Kenya) may be shipping products to the US that are actually made in China and India. Moreover, the AGOA is just an American legislation and the US Congress can revoke it anytime it wishes. The US President has excessive powers in this legislation. American lobby groups and labor unions also criticized this legislation; they argued that there is a potential competition of cheaper African products and job losses in America.
    3. The Nairobi Stock Exchange (NSE)
    Africa has recently seen the growth of stock exchanges in the last two decades. The NSE, founded in 1954, currently has 45 firms listed and is one of the largest stock markets in Africa. Exhibit 1 shows a list of all the companies listed on the NSE. The NSE`s mission is to provide a world class trading facility for wealth creation. It continues to play a big role in the Kenyan economy. By promoting a culture of saving, the NSE also assists in the transfer of savings to productive sectors. It is, through the NSE, that many Kenyan entities are able to raise capital and expand their business activities. Since 1990, Kenyan companies have raised around $1 billion through initial public offerings. Equities, preferred shares, treasury bonds and corporate bonds are traded on the NSE. The availability of more capital expands business activities, creates more jobs, creates more profits for company and grows the economy.
    ...
    the NSE.
    The Capital Market Authority of Kenya (CMA-K), a government entity, regulates and oversees the NSE.
    4. Literature review
    ...
    across borders.
    The

    The
    current financial
    ...
    the crash.
    These

    These
    examples show
    ...
    financial markets.
    Free trade agreements such as the AGOA have a special place in the fields of economics and international trade. They reduce trade barriers, create jobs and reduce the prices of goods on a global scale. Economists have particularly been interested in the successes and failures of these free trade agreements. Burfisher et Al (2001) concluded that the North American Free Trade Agreement (NAFTA) had small positive effects on the US economy and relatively large positive effects on Mexico. Abedini and Peridy (2006) said that regional trade has increased by 20% because of the Greater Arab Free Trade Area (GAFTA).
    ...
    and Canada)
    Aggarwal

    Aggarwal
    et Al
    ...
    across industries.
    Klein

    Klein
    (2001) used
    ...
    Mexican firms.
    Most

    Most
    of the
    ...
    on AGOA.
    {Review of AGOA and NSE.docx}

    (view changes)
    10:28 pm

Monday, March 2

  1. page Nonprofits and IB edited {IBA8010 research paper draft.doc} ... AND IB Nonprofits Nonprofits in the ... Business…
    {IBA8010 research paper draft.doc}
    ...
    AND IB
    Nonprofits
    Nonprofits in the
    ...
    Business Arena
    Adrian
    Adrian Vinuales Pallares
    IBA8010:
    IBA8010: Seminar in International Business
    Alliant
    Alliant International University
    Spring
    Spring 2009
    Abstract
    This
    Abstract This paper explores
    ...
    the conclusions.
    Introduction
    Very
    Introduction Very little systematic
    ...
    this paper.
    Other
    Other reasons on
    ...
    similar characteristics.
    It
    It is also
    ...
    to shareholders.
    NPOs
    NPOs or as
    ...
    those entities.
    Toyne
    Toyne (1989) says
    ...
    explored below.
    On
    On the other
    ...
    the future.
    Thus,
    Thus, after a
    ...
    future research.
    Review
    Review of IB theories literature
    The
    The theoretical literature
    ...
    of firms.
    In
    In the body
    ...
    NPOs? (EXPAND)
    Firms
    Firms (for profit)
    ...
    market power?
    As
    As for government
    ...
    for FDI.
    The
    The second emphasis
    ...
    most support.
    Dunning
    Dunning (1995) has
    ...
    home country.
    Otherwise,
    Otherwise, the internationalization
    ...
    international penetration.
    Moderators
    Partnership
    This
    Moderators Partnership This section will
    ...
    Chen, 2004).
    The
    The topic of
    ...
    with NPOs asas a business
    ...
    private firms.
    There
    There is also
    ...
    THIS THEORY?
    Besides,
    Besides, it is
    ...
    and NPOs. That,That, in relation
    ...
    into programs.
    Social
    Social Responsibility
    This
    This recent trend
    ...
    transnational acts.
    Grobman
    Grobman (2007) considers
    ...
    code content.
    Firms
    Firms and industries
    ...
    corporate codes.
    Branding
    Global
    Branding Global nonprofit brands
    ...
    nonprofit brands.
    For
    For example, in
    ...
    (Hemphill, 2005).
    Barriers!!
    Barriers!! See Ghemawat
    ...
    on this!!!
    Model
    Model of Integration
    FDI
    FDI + Market
    ...
    OF COLLABORATION??
    New
    New theoretical frameworks
    ...
    (knowledge)+ ???
    Recommendations/Conclusions
    ….
    Recommendations/Conclusions …. blabla
    But,
    But, on the
    ...
    NPO research…
    Then
    Then FDI… market
    Moderatos overview
    Model
    Model integratios mention
    Future
    Future research needed…
    References
    Nonprofit
    References Nonprofit organization. (2007,
    ...
    Management Dictionary
    Drucker,
    Drucker, Peter F.
    ...
    organization. Butterworth-Heinemann
    Toyne,
    Toyne, B. (1989).
    ...
    20(1); 1-17.
    Ricks,
    Ricks, D. A.
    ...
    16(2): 1-4.
    Sutton
    Sutton & Straw; 1995. WhatWhat Theory is
    ...
    Pages 371-384.
    Shenkar,
    Shenkar, O.2004. One
    ...
    35, 161–171.
    Jones
    Jones G &
    ...
    Business Studies 37,37, 453–468 AcademyAcademy of International Business.
    Millar,
    Millar, Carla C.
    ...
    p395-414, 20p.
    Helmig,
    Helmig, Bernd; Jegers,
    ...
    p101-116, 16p.
    Pattberg,
    Pattberg, Philipp (2005).
    ...
    p589-610, 22p.
    Arya,
    Arya, Bindu; Salk,
    ...
    p211-234, 24p;
    Grobman,
    Grobman, Gary M.
    ...
    5 charts.
    Laidler-Kylander,
    Laidler-Kylander, Nathalie; Quelch,
    ...
    1 graph.
    Hemphill,
    Hemphill, Thomas A.
    ...
    p25-29, 5p.
    Boddewyn,
    Boddewyn, Jean J
    ...
    (AN 11940623)
    Rugman,
    Rugman, A. M.
    ...
    121 (3).
    Williamson,
    Williamson, O. E.
    ...
    imperfections approach.
    Dunning,
    Dunning, John (1995).
    ...
    A Restatement
    and
    and Some Possible
    ...
    in an
    Age
    Age of Alliance
    ...
    21 (3),
    1990
    1990 and 26 (3), 1995.

    (view changes)
    11:06 pm

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