Durnev, Art; Enikolopov, Ruben; Petrova, Maria; … - In: Journal of Corporate Finance 30 (2015) C, pp. 299-324
We analyze the role of political instability for the composition of foreign investment, whether it takes the form of a majority- or minority-owned investment. We focus on the instability generated by the change of the party in power rather than on the risk of change of political regime or...