This study examines the impact of environmental, social, and governance (ESG) disclosure on the level of firms’ foreign ownership, and whether and how this effect differs between developed and developing countries. The results from a large sample of firms from 43 countries support the view...

In recent years, Chinese enterprises’ overseas mergers and acquisitions have become increasingly active. The method of overseas mergers and acquisitions can be regarded as a low-cost and good-effect way for the growth of Chinese enterprises, except their own accumulations. However, compared...