This edited conference volume provides a rich survey of current scholarly and professional thinking about the state of financial innovations and innovators and their diffusion across national boundaries, as well as the welfare-enhancing implications for firms and nation-states. Like the...

We re-examine foreign investment risk-mitigating effects of firm experience and equity stakes using an empirical context largely ignored by international business (IB) research: project investment companies (PICs). PICs permit cleaner separation of individual investment project risk from the...

Research in management and related fields largely assumes that host-country state (state) ownership in investment projects raises risk for private co-investors. We question that assumption in theorizing that minority state ownership may actually decrease investment risk in host countries where...

In developing countries, weak institutional capacity to observe and regulate the economy discourages foreign capital inflows vital to venture investment. This informality effect may differ for migrant remittances, inflows less reliant on formal arrangements. We use institutional and transaction...

We question previous research assuming that privatizing firm performance generally benefits from decreasing state ownership and the passage of time, both of which purportedly align principal-agent incentives promoting organizational decision-making that increases shareholder value. When state...

In developing countries, weak institutional capacity to observe and regulate the economy discourages foreign capital inflows vital to venture investment. This informality effect may differ for migrant remittances, inflows less reliant on formal arrangements. We use institutional and transaction...

International business (“IB”) research has long acknowledged the importance of supra-national regional factors in building models to explain phenomena such as where multinational corporations (“MNCs”) choose to locate. Yet, criteria for defining regions based on similar factors vary...