Corporate governance and international location decisions of multinational enterprises

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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.

Originele taal-2English
Pagina's (van-tot)1330-1347
Aantal pagina's18
TijdschriftCorporate Governance - An International Review
Volume15
Nummer van het tijdschrift6
DOI's
StatusPublished - nov-2007
Evenement9th International Conference on Corporate Governance and Board Leadership -
Duur: 1-okt-2006 → …

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