Corporate governance and international location decisions of multinational enterprises

被引:7
|
作者
Dam, Lammertjan [1 ]
Scholtens, Bert [1 ]
Sterken, Elmer [1 ]
机构
[1] Univ Groningen, Dept Econ, NL-9700 AV Groningen, Netherlands
关键词
corporate governance; location behaviour; corporate social responsibility; multinational enterprises;
D O I
10.1111/j.1467-8683.2007.00649.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper analyses international location decisions of corporations based on corporate governance considerations. Using firm level data on 540 Multinational Enterprises (MNEs) with 44,149 subsidiaries in 188 countries, we test whether firms with relatively good governance standards are more often located in countries with a weak governance system. We find empirical support for this hypothesis, especially for those corporations present in low-income countries.
引用
收藏
页码:1330 / 1347
页数:18
相关论文
共 50 条
  • [1] Agency Perspectives on Corporate Governance of Multinational Enterprises
    Filatotchev, Igor
    Wright, Mike
    [J]. JOURNAL OF MANAGEMENT STUDIES, 2011, 48 (02) : 471 - 486
  • [2] Corporate governance options for the local subsidiaries of multinational enterprises
    Kiel, Geoffrey C.
    Hendry, Kevin
    Nicholson, Gavin J.
    [J]. CORPORATE GOVERNANCE-AN INTERNATIONAL REVIEW, 2006, 14 (06) : 568 - 576
  • [3] International taxation and multinational firm location decisions
    Barrios, Salvador
    Huizinga, Harry
    Laeven, Luc
    Nicodeme, Gaetan
    [J]. JOURNAL OF PUBLIC ECONOMICS, 2012, 96 (11-12) : 946 - 958
  • [4] Effects of Location Diversification and Corporate Governance on Multinational Enterprises' Financial Performance and Risk-taking: Evidence from Taiwanese Enterprises
    Lu, Cheng-Chang
    Kuan, Tsung-Han
    Liu, Chwen-Chi
    [J]. CHINA & WORLD ECONOMY, 2015, 23 (05) : 63 - 84
  • [5] EFFECTS OF CORPORATE GOVERNANCE AND COMPETITION ON CORPORATE PERFORMANCE OF INTERNATIONAL ENTERPRISES
    Wang, Yaw-Yih
    [J]. ACTA OECONOMICA, 2015, 65 : 71 - 85
  • [6] Comparison of Corporate Governance Patterns of Multinational Corporations' Investment Enterprises in China
    Tian, Huiping
    Shen, Ying
    Liu, Lan
    [J]. PROCEEDINGS OF THE 2ND INTERNATIONAL CONFERENCE ON CONTEMPORARY EDUCATION, SOCIAL SCIENCES AND HUMANITIES (ICCESSH 2017), 2017, 124 : 848 - 852
  • [7] Sustainable value creation in multinational enterprises: The role of corporate governance actors
    Kavadis, Nikolaos
    Hermes, Niels
    Oehmichen, Jana
    Zattoni, Alessandro
    Fainshmidt, Stav
    [J]. JOURNAL OF WORLD BUSINESS, 2024, 59 (01)
  • [8] Corporate governance in multinational companies
    Hinterhuber, HH
    Matzler, K
    Pechlaner, H
    Renzl, B
    [J]. INTERNATIONAL INSTITUTIONS AND MULTINATIONAL ENTERPRISES: GLOBAL PLAYERS-GLOBAL MARKETS, 2004, : 47 - 63
  • [9] Labor and Corporate Governance: International Evidence from Restructuring Decisions
    Atanassov, Julian
    Kim, E. Han
    [J]. JOURNAL OF FINANCE, 2009, 64 (01): : 341 - 374
  • [10] INTERNATIONAL REGULATIONS FOR MULTINATIONAL ENTERPRISES
    ROBERTSO.D
    [J]. PACIFIC COMMUNITY, 1975, 6 (02): : 300 - 313