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A large legal and economic literature describes how state-owned enterprises (SOEs) suffer from a variety of agency and political problems. Less theory and evidence, however, have been generated about the reasons why state-owned enterprises listed in stock markets manage to attract investors to...
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The Overseas Private Investment Corporation (OPIC) has been officially in business since January 19, 1971. Its major … purpose is to reorganise and widen the scope of programmes for the promotion of US private investment overseas in developing …
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