HCBE Faculty Articles

Title

An Empirical Analysis of the Impact of Corporate Transparency On Foreign Direct Investment

Document Type

Article

Publication Date

2009

Publication Title

Multinational Business Review

ISSN or ISBN

2054-1686

Volume

17

Issue/Number

3

First Page

29

Last Page

48

Abstract/Excerpt

This study tests for the relation between corporate transparency and foreign direct investment (FDI) using a sample of 118 countries. The study also develops a set of indicators to measure corporate transparency. The findings indicate support for the hypotheses that a) greater levels of corporate transparency are associated with higher levels of inward FDI flows, and b) corporate transparency has a greater impact on inward FDI in developing countries than developed countries.

DOI

10.1108/1525383X200900016

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