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Globalization Derailed? Multinational Investors' Response to the 1997 Denial of Fast-Track Trade Negotiating Authority

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Author Info
Joanne E Oxley (University of Michigan Business School)
Karen E Schnietz (Rice University)

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Abstract

Is globalization being derailed by opponents? Results of this event study analysis of the 1997 fast-track denial suggest that investors (1) may have perceived fast-track as a debate on globalization and (2) appear to have expected financial losses to result from the failure to enact fast-track. Regression results further support the event study findings.© 2001 JIBS. Journal of International Business Studies (2001) 32, 479–496

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Article provided by Palgrave Macmillan Journals in its journal Journal of International Business Studies.

Volume (Year): 32 (2001)
Issue (Month): 3 (September)
Pages: 479-496
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Handle: RePEc:pal:jintbs:v:32:y:2001:i:3:p:479-496

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This page was last updated on 2009-12-9.

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