@article{(Open Science Index):https://publications.waset.org/pdf/11894,
	  title     = {Does Corporate Governance or Transparency Affect Foreign Direct Investment?},
	  author    = {Haksoon Kim},
	  country	= {},
	  institution	= {},
	  abstract     = {The paper investigates the relationship between the foreign direct investment (FDI) and the corporate governance or transparency by investigating the country-level FDI flows, FDI inward performance, corporate governance and transparency variables. From the regression analysis with Newey-West estimator of 28 country panel data from 1990- 2002, we find strong positive relationships between corporate governance or transparency level of hosting countries and FDI inward performance within hosting countries. A strong positive relationship is found between anti-director rights level or number of analysts of hosting countries and FDI inward performance within hosting countries. Also, we find a positive relationship between the number of analysts of hosting countries and FDI inflows. The empirical results are consistent with stock market liberalizations and corporate governance explanations of reasons for FDI.
},
	    journal   = {International Journal of Economics and Management Engineering},
	  volume    = {4},
	  number    = {7},
	  year      = {2010},
	  pages     = {1694 - 1701},
	  ee        = {https://publications.waset.org/pdf/11894},
	  url   	= {https://publications.waset.org/vol/43},
	  bibsource = {https://publications.waset.org/},
	  issn  	= {eISSN: 1307-6892},
	  publisher = {World Academy of Science, Engineering and Technology},
	  index 	= {Open Science Index 43, 2010},
	}