Dam, Lammertjan; Scholtens, Bert; Sterken, Elmer - In: Corporate Governance: An International Review 15 (2007) 6, pp. 1330-1347
This paper analyses international location decisions of corporations based on corporate governance considerations. Using firm level data on 540 Multinational Enterprises (MNEs) with 44,149 subsidiaries in 188 countries, we test whether firms with relatively good governance standards are more...