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Globally, there are more than 16 stock markets that are undergoing drastic enough growth to be considered emerging. These markets possess characteristics very distinct from those which may be characterised as mature. This paper compares interim reporting regimes in two markets with these different characteristics. The regulatory environment within the USA represents a mature market, and the Finnish regulatory environment depicts an emerging market. First, historical developments are detailed for both of these contexts. Similarities and differences in the regulation are systematically pointed out. Second, the potential consequences of some differences in regulatory schemes are discussed. Special emphasis is placed on the influences these variations have on both legislators and the producers of interim reports. This paper should offer valuable insights for the regulation of a large number of emerging markets.

This study compares those interim disclosures that managers desire to make with those they are required to make. Managers and regulators agree on the optimal degree of disclosure on growth potential and size. It appears that the less managers voluntarily disclose, the greater the firm's growth potential. This may be because managers feel that other evidence signals the good future prospects or the information indicating positive growth is too proprietary to reveal to competitors. Some differences are observed. Managers would pay more attention to the specific needs of their governance groups. Regulations would require more disclosure of variables indicating: business risk; capital structure; and growth. These differences in perceived need for disclosure highlight the importance of continued study of the optimal scope and scale of disclosure.

The purpose of this study is to examine how the liability of foreignness (LOF), choice of incorporation and an institutional change independently and jointly affect a reverse merger (RM) firm’s capital-raising performance.

The study draws on the data of shell reverse merger transactions in the USA from 2007 to 2016.

This paper finds that LOF and the choice of incorporation as a signal have a significant effect on RM firms’ capital-raising performance. In addition, this study finds that the effectiveness of the signaling can be affected by LOF. Finally, this paper finds that an institutional change that lowers the entry barrier to the initial public offering (which is a superior alternate to an RM) affects the impacts of LOF and signaling on RM firms’ capital-raising performance.

The study contributes to the international business literature by examining the RM (which has been an under-researched topic in the literature) by drawing on the LOF framework. The study finds that LOF and the choice of state for incorporation affect RM firms’ capital-raising performance; moreover, these relationships are affected by an institutional change.

The paper aims to argue that the social responsibility of international business (IB) scholars is to seek truth, disseminate learning, and make a difference on issues crucial to the global economy.

Instead of making philosophical and abstract arguments on the importance of the social responsibility of IB scholars, this article focuses on a leading debate of the times: how to view the rise of China's outward foreign direct investment (OFDI)? The article argues that the so‐called “China threat” brought by such OFDI, as it is often portrayed by the (Western) media, is a myth that cannot be substantiated by evidence‐based scholarly analysis.

At present, China's OFDI stock represents a mere 1.21 percent of global OFDI stock. It would be absurd to believe that such a tiny sum can “buy up the world”. Based on findings, three hypotheses on what is behind the myth about China's OFDI are offered.

Although some IB (and management) scholarships have been criticized for their alleged lack of relevance to practitioners and policymakers, this paper disagrees. IB scholars need to engage with issues of grave importance not only to the IB field but also to the wider world, such as China's OFDI.

The article ends with a series of suggestions on how IB scholars, driven by social responsibility, can shed light on, clear the air, and steer the course of public perception, by drawing on time‐honored, evidence‐based scholarly tradition.

To the best of the authors' knowledge, this is the first article in the literature on IB scholars' social responsibility.

This paper points out new directions for the deepening and broadening of the institution-based view, by drawing on three streams of research with which I have been involved recently: (1) outward foreign direct investment from emerging economies, (2) bankruptcy laws and entrepreneurship development, and (3) institution-based research focusing on Africa. Such deepening has been accomplished by enhancing our institution-based understanding of foreign direct investment with a focus on emerging multinationals, while broadening has been done both substantively by probing into the impact of bankruptcy laws on entrepreneurship development around the world and geographically by calling for enhanced research attention on Africa via an institution-based lens.

This paper examines the role of professional associations, governmental agencies, and international accounting and auditing bodies in promulgating standards to deter and detect fraud, domestically and abroad. Specifically, it focuses on the role played by the US Securities and Exchange Commission (SEC), the American Institute of Certified Public Accountants (AICPA), the Institute of Internal Auditors (IIA), the Institute of Management Accountants (IMA), the Association of Certified Fraud Examiners (ACFE), the US Government Accounting Office (GAO), and other national and foreign professional associations, in promulgating auditing standards and procedures to prevent fraud in financial statements and other white‐collar crimes. It also examines several fraud cases and the impact of management and employee fraud on the various business sectors such as insurance, banking, health care, and manufacturing, as well as the role of management, the boards of directors, the audit committees, auditors, and fraud examiners and their liability in the fraud prevention and investigation.

Andrea Seid is responsible for tourism marketing in a destination management organization in Colorado. In her position, she faces a difficult decision of whether to promote marijuana-related businesses on her website and in the local welcome centers.

Primary research took place through interviews with Andrea Seid and John Mace, a local business owner. All other data were collected from secondary sources.

This case would help students to apply concepts from courses such as: services marketing, tourism management, destination management and tourism development.

The decision at the root of the case is a real-world application of stakeholder theory.

The purpose of the present analysis is to test the relative impact of trust in police, social cohesion, and fear of crime on neighborhood‐level rates of concealed pistol license (CPL) holding. The dynamics of both formal and informal social control are hypothesized to affect neighborhood CPL concentrations.

Data were neighborhood‐level and came from a city survey and the state Department of Licensing. A path model was estimated.

Police service level had a negative indirect effect on neighborhood CPL concentrations through fear of crime, but had a strong positive direct effect. Social cohesion also had a strong positive direct effect on CPL rates.

The study suggests that lawful concealed hand‐gun carrying should be viewed as a way in which neighborhoods exercise informal social control. People in socially cohesive areas may carry concealed hand‐guns not only because they fear for their own safety, but also because they feel a sense of responsibility to their fellow neighborhood residents.

Police who encourage citizens to engage in private forms of self‐protection should be aware that citizens in cohesive areas may choose to do this via hand‐gun carrying. Police should be sure that citizens in these neighborhoods have ready access to safety training and devices. Most importantly, police should emphasize to citizens in these areas that hand‐gun carrying has not been shown conclusively to reduce crime, and that there are other private crime‐prevention techniques that carry more promise of keeping communities safer from crime.

There are few studies attempting to determine the precursors to concealed hand‐gun carrying. The paper seeks a better understanding of the reasons why some neighborhoods evince higher levels of CPLs than others. Additionally, most prior studies have used suboptimal levels of aggregation. The study uses neighborhood‐level data, which allows for an examination of ecological phenomena without the confounding effects of between‐jurisdiction heterogeneity that a higher level of aggregation would produce.