Showing 1 - 8 of 8
Persistent link: https://www.econbiz.de/10002565818
flows: 1. home court information advantage; 2. panic-based capital-flow reversals; 3. information-liquidity trade-off in the …
Persistent link: https://www.econbiz.de/10013136735
The paper surveys a theory of FDI, which captures a unique feature: hands-on management standards, that enable … specialized in the source country. Consequently, FDI investors would make investment, both larger, and of higher quality (namely …, with large rates of returns), than the domestic investors. The theory can explain both two-way FDI flows among developed …
Persistent link: https://www.econbiz.de/10012762983
-examine the gains from trade argument (applied to intertemporal trade) in this case of informational-asymmetry driven FDI. We show …Foreign direct investment (FDI) is observed to be a predominant form of capital flows to emerging economies, especially … when they are liquidity-constrained internationally during a global financial crisis. The financial aspects of FDI are the …
Persistent link: https://www.econbiz.de/10013231578
FDI investors control the management of the firms, whereas FPI investors delegate decisions to managers. Therefore … expectation of future liquidity problems export relatively more FPI than FDI, and (2) this effect strengthens as the source … country's capital market transparency worsens. To test these hypotheses, we examine the variation of FPI relative to FDI for …
Persistent link: https://www.econbiz.de/10013148094
The paper develops a model of foreign direct investments (FDI) and foreign portfolio investments (FPI). FDI is … of the firm. This superiority, relative to FPI, comes with a cost: a firm owned by the relatively well-informed FDI … model can explain several stylized facts regarding foreign equity flows, such as the larger ratio of FDI to FPI inflows in …
Persistent link: https://www.econbiz.de/10013242921
Foreign direct investment (FDI) is observed to be a predominant form of capital flows to low and middle income … stakeholders. We emphasize the crucial role played by FDI in sustaining equity-financed capital investment for economies plagued by …
Persistent link: https://www.econbiz.de/10012752887
flows, and between different types of equities. This survey put together models of debt, FDI, Fpi flows to help explain the … foreign direct investment flows relative to portfolio investment flows. In particular, the information-liquidity trade …-off helps explain the composition of equity flows between developed and emerging countries, as well as the patterns of FDI flows …
Persistent link: https://www.econbiz.de/10013149659