Political governance, civil liberties and human capital: Evaluating their effect on Foreign Direct Investment in emerging and developing economies

Filippaios, Fragkiskos ORCID: https://orcid.org/0000-0002-7458-1333, Annan-Diab, Fatima, Hermidas, Amir and Theodoraki, Charikleia (2019) Political governance, civil liberties and human capital: Evaluating their effect on Foreign Direct Investment in emerging and developing economies. Journal of International Business Studies, 50 (7). pp. 1103-1129. ISSN 0047-2506

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Abstract

We study the influence of a country?s political governance on its attractiveness to foreign direct investors. We argue that democracy is not a unidimensional concept and that the effect of host country political governance on incoming Foreign Direct Investment (FDI) differs depending on whether FDI originates from a democratic or an autocratic country. We also hypothesize that the effect of civil liberties depends on the motivations of investing Multinational Enterprises (MNEs) and that human capital moderates this relationship. We test our hypotheses on a sample of 35,000 investments in emerging and developing countries between 2003 and 2013.

Item Type: Article
Uncontrolled Keywords: political governance,civil liberties,human capital,foreign direct investment,investment motivations,sdg 10 - reduced inequalities ,/dk/atira/pure/sustainabledevelopmentgoals/reduced_inequalities
Faculty \ School: Faculty of Social Sciences > Norwich Business School
Related URLs:
Depositing User: LivePure Connector
Date Deposited: 07 May 2020 00:05
Last Modified: 25 Oct 2023 01:13
URI: https://ueaeprints.uea.ac.uk/id/eprint/75053
DOI: 10.1057/s41267-019-00239-3

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