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Purpose: Financial internationalization is of particular importance to emerging country firms. Its significance arises from the impact of institutional void and related agency problems (common to emerging markets) on the internationalization path of these firms. Building on concepts from...
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International business research has predominantly focused on how foreign direct investment relates to the asset-side of non-financial firm's balance sheet, the finance-specific factors have been ignored to a great extent while studying the foreign direct investment decision. But since these...
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Purpose: This paper aims to systematically review all available evidence on the implications of sovereign wealth funds (SWFs) for various stakeholders (recipients of sovereign investment, home countries, which incorporate SWFs and the world at large) and offer future research directions....
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