TY - JOUR
T1 - Corporate governance and international location decisions of multinational enterprises
AU - Dam, Lammertjan
AU - Scholtens, Bert
AU - Sterken, Elmer
PY - 2007/11
Y1 - 2007/11
N2 - 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.
AB - 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.
KW - Corporate governance
KW - Corporate social responsibility
KW - Location behaviour
KW - Multinational enterprises
UR - http://www.scopus.com/inward/record.url?scp=37148999120&partnerID=8YFLogxK
U2 - 10.1111/j.1467-8683.2007.00649.x
DO - 10.1111/j.1467-8683.2007.00649.x
M3 - Article
AN - SCOPUS:37148999120
SN - 0964-8410
VL - 15
SP - 1330
EP - 1347
JO - Corporate Governance: An International Review
JF - Corporate Governance: An International Review
IS - 6
ER -
