This volume of Eurasian Studies in Business and Economics includes selected papers from the 24th Eurasia Business and Economics Society Conference, held in Bangkok. The theoretical and empirical papers gathered here cover diverse areas of business and management from different geographic regions; yet the main focus is on the latest findings on evolving marketing methods, analytics, communication standards, and their effects on customer value and engagement. The volume also includes related studies that analyze sustainable consumer behavior, and business strategy-related topics (...) such as cross-border restructuring, quality management standards, and the internationalization of SMEs. (shrink)

This volume of Eurasian Studies in Business and Economics includes selected papers from the 24th Eurasia Business and Economics Society (EBES) Conference, held in Bangkok. The theoretical and empirical papers gathered here cover diverse areas of business and management from different geographic regions; yet the main focus is on the latest findings on evolving marketing methods, analytics, communication standards, and their effects on customer value and engagement. The volume also includes related studies that analyze sustainable consumer behavior, and business strategy-related (...) topics such as cross-border restructuring, quality management standards, and the internationalization of SMEs. (shrink)

This study explores how country-level corruption affects firm-level financial constraints. We use a sample of 21 European countries from 2002 to 2022 comprising 22,974 firm-year observations. We find that corruption increases financial constraints. In other words, as countries become more transparent, firms face fewer financial constraints. Our findings are robust when we employ alternative definitions of corruption, financial constraints, alternative subsamples, additional firm-level control variables, and different econometric methodologies. As a further analysis, we provide novel evidence that an increase in (...) country-level transparency decreases financial constraints only for firms with lower information asymmetry, higher institutional ownership, or higher foreign ownership. Finally, this effect is stronger for firms with lower ESG performance and firms without bribery corruption or fraud controversies. Our paper contributes to the literature by employing country-level corruption indices as a macroeconomic determinant of firm-level financial constraints for firms in developed countries and by investigating how different firm-level factors moderate the association between country-level corruption and firm-level financial constraints. (shrink)