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Corporate Governance: And the Bargaining Power of Developing Countries to Attract Foreign Investment

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  • Enrique Rueda‐Sabater

Abstract

Following the rapid growth of foreign investment flows in the 1980s and 1990s some countries that had been dependent on official aid are now (even after the recent financial crises) obtaining most of their external financing from private sources. But low‐income countries still receive little private capital flows. Arguing that corporate governance, broadly defined to include many business practices, is an important determinant of inward foreign investment this paper explores links between corporate Governance: And the ability of developing countries to attract foreign investment. It raises policy questions for developing countries and points to the need for complementary actions by government, businesses associations and institutional investors to promote corporate governance improvements.

Suggested Citation

  • Enrique Rueda‐Sabater, 2000. "Corporate Governance: And the Bargaining Power of Developing Countries to Attract Foreign Investment," Corporate Governance: An International Review, Wiley Blackwell, vol. 8(2), pages 117-124, April.
    • Handle: RePEc:bla:corgov:v:8:y:2000:i:2:p:117-124
    DOI: 10.1111/1467-8683.00189
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    Cited by:

    1. Jingoo Kang & Jeoung Yul Lee & Pervez N. Ghauri, 2017. "The Interplay of Mahalanobis Distance and Firm Capabilities on MNC Subsidiary Exits from Host Countries," Management International Review, Springer, vol. 57(3), pages 379-409, June.
    2. Lindner, Thomas & Muellner, Jakob & Puck, Jonas, 2016. "Cost of Capital in an International Context: Institutional Distance, Quality, and Dynamics," Journal of International Management, Elsevier, vol. 22(3), pages 234-248.
    3. Judge, William Q. & Naoumova, Irina & Koutzevol, Nadejda, 2003. "Corporate governance and firm performance in Russia: an empirical study," Journal of World Business, Elsevier, vol. 38(4), pages 385-396, November.
    4. repec:bla:jomstd:v:47:y:2010:i:s2:p:1590-1613 is not listed on IDEAS

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