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Internal capital markets and financial constraints Duchin (JF 2010) empirically finds that multidivisional firms with robust internal capital markets ret
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U.S. federalism and domestic institutional arrangements A given country is federal when both of its national and sub-national governments exercise separa
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Disruptive innovators can better compete against luck by figuring out why customers hire products and services to accomplish jobs. Clayton Christensen, T
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The Trump administration mulls over antitrust actions against Amazon, Facebook, and Google. President Trump indicates that the $5 billion fine against Googl
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In the past decades, capital market liberalization and globalization have combined to connect global financial markets to allow an ocean of money to flow th
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In recent times, financial deglobalization and asset market fragmentation can cause profound public policy implications for trade, finance, and technology w