EconPapers    
Economics at your fingertips  
 

The role of tax havens and offshore financial centers in Asia-Pacific networks: evidence from firm-subsidiary connections

Kirsten Martinus (), Thomas Sigler (), Iacopo Iacopini () and Ben Derudder ()
Additional contact information
Kirsten Martinus: The University of Western Australia
Thomas Sigler: The University of Queensland
Iacopo Iacopini: Queen Mary University of London
Ben Derudder: Ghent University

Asian Business & Management, 2019, vol. 18, issue 5, 389-411

Abstract: Abstract This paper adds a network dimension to locational theories on multinational corporate strategy to explain how tax havens and offshore financial centers (THOFC) are integrated into the structures of firms listed on five stock exchanges of the Asia-Pacific region. Applying network analysis to firm-subsidiary connections of these listed firms, it highlights differences in the connectivity structures as well as the role of THOFC in exchange subnetworks. It finds considerable variation in the complexity of corporate structures by stock exchange which can be explained by national context and multinational location strategies, and that the prevalence of THOFC within corporate structures cannot be underestimated.

Keywords: Tax havens; Offshore financial centers; Social network analysis; Economic geography; Financial markets (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://link.springer.com/10.1057/s41291-018-00051-1 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:abaman:v:18:y:2019:i:5:d:10.1057_s41291-018-00051-1

Ordering information: This journal article can be ordered from
https://www.palgrave.com/gp/journal/41291

Access Statistics for this article

Asian Business & Management is currently edited by Fabian Jintae Froese

More articles in Asian Business & Management from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla ().

 
Page updated 2020-01-08
Handle: RePEc:pal:abaman:v:18:y:2019:i:5:d:10.1057_s41291-018-00051-1