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    their research, they found that firm with a low level of financial constraint have a tendency to have a high investment-cash flow sensitivity. However, the findings contradict with the other research paper especially the FHP, 1988 paper. They used the same sample used in research done by Fazzari, Hubbard, and Petersen (FHP, 1988). But they only took the firms from Class 1 in FHP research

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    towards born global firms who unlike ordinary firms, have defied the traditional stage wise process of internationalization. These firms have long puzzled researchers and challenged the basic perception of internationalization. As a result it has given way to a new field of research and aroused global interest in the emergence and success of these firms. This essay will go on explain why born global firms emerge, the factors that influence them and examples of born global firms in the real world.

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    Iqci Quidelines

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    2009 International Standard on Quality Control Quality Control for Firms that Perform Audits and Reviews of Financial Statements, and Other Assurance and Related Services Engagements International Auditing and Assurance Standards Board International Federation of Accountants 545 Fifth Avenue, 14th Floor New York, New York 10017 USA This International Standard on Quality Control (ISQC) 1, “Quality Control for Firms that Perform Audits and Reviews of Financial Statements, and Other Assurance

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    the incremental investments in R&D allowed Samsung to develop specialised resources and competitive advantage. The development of internal R&D in electronics, sales, service, and its technical and capital resources was pivotal to the success of the firm in the early stage as well as in the more recent years. In addition, the “home grown” resources, such as inexpensive manufacturing allowed Samsung to excel in the international environment. Additionally, the large investments on post-war education

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    & Ljungqvist, A. (2000) used the natural log of sales as a measure of firm size. Younger and smaller companies are more underpriced because they are riskier. (Ritter, 1984); (Ritter, 1991); (Megginson & Weiss, 1991). Bortolon, P. & Junior, A. (2015) used the average of the logarithm of revenue to measure the size of the firm. Michelsen & Klein (2011) argue that the variable company size acts as a vital role whether to go private or not. According

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    between financial constraints and firms demand for liquidity can help us identify whether financial constraints are an important determinant of firm behavior. Contribution     Previous scholars, Fazzari, Hubbard, and Petersen, proposed that investment activities of a firm is limited by the firm’s financial situation, which is called financial constraints. When firms face financial constraints, the firm’s investment-cash flow sensitivity is high. When a firm face no financial constraints, its

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    The first set determines a customer’s expectation of the firm, and the other set seeks to find out the perception of customers about the firm. This enables a firm using the model to give a more accurate score of the overall perceived service quality (Weitz & Wensley, 2002).This model also enables a firm to establish a good relationship between its employees and the clients. The firm is able to identify its weaknesses where management is concerned, leading to improvement

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    It can also help them gain a temporary competitive advantage because other firms will not be able to imitate them to speak regarding IKEA’s strategy , IKEA’s strategy has continually been to style and develop product supported consumers’ everyday wants, keeping costs low and providing purposeful, engaging and reliable furnishings

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    world; during the past period of time cotton has successfully proven its ability to become one of Egypt's greatest competitive advantages. Food industry is an everyday developing industry in Egypt. As an example Juhayna is an Egyptian firm, it's one of the largest firms that regarding to diary, juice and cooking products. Another example is Herbs Egypt, it’s a leading company in producing and exporting dried herbs. All these industries and more, together shape and frame the Egyptian competitive advantage

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    market and financial performance. The findings indicate that if firms use customer orientation, the firm is more likely to adopt incremental service innovation, while if a firm uses competitor orientation, the firm is more likely to adopt radical service innovation. Finally, incremental and radical service innovations lead to greater market performance and in turn, greater financial performance. 1 Introduction How service firms use market orientation has attracted great attention in innovation

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