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
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