Suchergebnisse

This thesis consists of three studies that investigate how important political relations are in finance. In the first study, I find that poor bilateral political relations between the US and other countries negatively influence US media dissemination toward non-US firms with American Depositary Receipts (ADRs). I also show that US media negativity has downward pressure on ADR firms' home market prices and such negative impact is reduced during the year when political relations are poor—an indication that investors react to real media bias. I conclude the first study by showing that negative US media coverage leads to a higher likelihood of ADR firms terminating their ADRs. The second study finds strong empirical evidence showing that when bilateral political relations between a country and the US are poor, the level of US institutional ownership and the number of institutional investors are low for American Depositary Receipt (ADR) firms from that country. In addition, the second study discusses whether a country's popularity among Americans and an international crisis influence the level of US institutional ownership. Furthermore, following the previous literature, I show empirically that a high level of US institutional ownership promotes better corporate governance; to do so, I look at firm value, class action lawsuits and voluntary disclosure news. The third study considers whether bilateral political relations affect the board structure of S&P 1500 companies—specifically the proportion of foreign independent directors (FIDs). I find strong empirical evidence that when bilateral political relations between a country and the US are poor, the proportion of FIDs from that country hired by US firms is small. The threat of a firm losing technology and insider information to countries with poor political relations are considered costs by US firms, so when firms do hire FIDs from countries that have poor political relations with the US, I empirically show that the benefits are greater than the costs. I conclude ...

The author has been studied modern Mongolian-Russian political relations since the beginning of the 1990s when the world political situation changed dramatically and the Soviet Union collapsed. Mongolian-Russian relations during the transition to democracy and market economy were analyzed on the basis of agreements between two countries. The weakening of Mongolian-Russian relations in the 1990s is a step-by-step analysis of the political and economic situation in the two countries, the processes and changes in foreign policy, and the factors that hindered the proper development of relations. The author traces the revival of Mongolian-Russian relations in 2000 and the relationship between the two countries, which has reached the level of a comprehensive strategic partnership, does not reflect the level of Russia's policy towards Mongolia. Монгол-Оросын улс төрийн харилцаа: Монголын эдийн засагба төмөр замын хөгжилд нөлөөлөх нь Хураангуй:Монгол-Оросын орчин цагийн улс төрийн харилцааг дэлхийн улс төрийн байдалд гарсан огцом өөрчлөлт болон ЗХУ задарсан XX зууны 90-ээд оны эхэн үеэс эхлэн судалж, ардчилал, зах зээлийн эдийн засагт шилжих шилжилтийн үед Монгол-Оросын харилцааг хоёр орны хооронд байгуулагдсан гэрээ, хэлэлцээрийг үндэслэн судлан шинжиллээ. 90-ээд онуудад Монгол-Оросын харилцаа сулран саарсан асуудлыг хоёр орны улс төр, эдийн засгийн байдал, гадаад бодлогод холбогдох үйл явц, өөрчлөлтийг үе шаттайгаар задлан үзэж, харилцааг зохих түвшинд хөгжүүлэхэд саад болсон хүчин зүйлүүдийг илрүүлэн судалсан болно. Монгол-Оросын харилцаа сэргэсэн үеийг 2000 оноор зааглан авч үзэж, эдүгээ иж бүрэн стратегийн түншлэлийн түвшинд хүрээд байгаа хоёр орны харилцаа, тус түвшинг илэрхийлэх хэмжээнд хүрэхгүй байгааг ОХУ-ын Монголын талаарх баримталж ирсэн бодлого хэр оновчтой байсан ба алдаа нь юунд байсныг судлахыг зорив. Түлхүүр үгс: Монгол, Оросын харилцаа, улс төр, эдийн засгийнхарилцаа, ашиг сонирхол

The author has been studied modern Mongolian-Russian political relations since the beginning of the 1990s when the world political situation changed dramatically and the Soviet Union collapsed. Mongolian-Russian relations during the transition to democracy and market economy were analyzed on the basis of agreements between two countries. The weakening of Mongolian-Russian relations in the 1990s is a step-by-step analysis of the political and economic situation in the two countries, the processes and changes in foreign policy, and the factors that hindered the proper development of relations. The author traces the revival of Mongolian-Russian relations in 2000 and the relationship between the two countries, which has reached the level of a comprehensive strategic partnership, does not reflect the level of Russia's policy towards Mongolia.
Монгол-Оросын улс төрийн харилцаа: Монголын эдийн засаг ба төмөр замын хөгжилд нөлөөлөх нь
Хураангуй: Монгол-Оросын орчин цагийн улс төрийн харилцааг дэлхийн улс төрийн байдалд гарсан огцом өөрчлөлт болон ЗХУ задарсан XX зууны 90-ээд оны эхэн үеэс эхлэн судалж, ардчилал, зах зээлийн эдийн засагт шилжих шилжилтийн үед Монгол-Оросын харилцааг хоёр орны хооронд байгуулагдсан гэрээ, хэлэлцээрийг үндэслэн судлан шинжиллээ. 90-ээд онуудад Монгол-Оросын харилцаа сулран саарсан асуудлыг хоёр орны улс төр, эдийн засгийн байдал, гадаад бодлогод холбогдох үйл явц, өөрчлөлтийг үе шаттайгаар задлан үзэж, харилцааг зохих түвшинд хөгжүүлэхэд саад болсон хүчин зүйлүүдийг илрүүлэн судалсан болно. Монгол-Оросын харилцаа сэргэсэн үеийг 2000 оноор зааглан авч үзэж, эдүгээ иж бүрэн стратегийн түншлэлийн түвшинд хүрээд байгаа хоёр орны харилцаа, тус түвшинг илэрхийлэх хэмжээнд хүрэхгүй байгааг ОХУ-ын Монголын талаарх баримталж ирсэн бодлого хэр оновчтой байсан ба алдаа нь юунд байсныг судлахыг зорив.
Түлхүүр үгс: Монгол, Оросын харилцаа, улс төр, эдийн засгийн харилцаа, ашиг сонирхол

Aus polnischer Sicht

In 2009, the Norwegian Institute of International Affairs (NUPI) and the OSCE Academy established the Central Asia Data-Gathering and Analysis Team (CADGAT). The purpose of CADGAT is to produce new cross-regional data on Central Asia that can be freely used by researchers, journalists, NGOs and government employees inside and outside the region. The project is managed and the reports are edited by Kristin Fjaestad and Indra Overland at NUPI. ; publishedVersion

THE DOMINANCE OF MILITARY ISSUES IN INTERNATIONAL RELATIONS INCREASES THE RISK OF THE USE OF FORCE. THE AUTHOR ARUGUES THAT THIS PROCESS MUST BE REVERSED BY DIMINISHING THE ROLE OF THE MILITARY SECTOR, AND THE DEMILITARIZATION OF RELATIONS BETWEEN COUNTRIES. THE AUTHOR DISCUSSES HOW THIS SITUATION MIGHT BE BROUGHT ABOUT. IN EUROPE IT IS CLEAR THAT SECURITY IS AN INVERSE FUNCTION OF MILITARY SPENDING.