Institutional distance and Turkey’s outward foreign direct investment

This study empirically examines the relation between institutional distance (ID) and Turkey’s outward foreign direct investment (TODI). The empirical results use panel data from 2002 to 2016 to show that TODI is attracted to countries with better institutional quality. We also find that host country...

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Detalles Bibliográficos
Autores principales: Heavilin, Jason, Songur, Hilmi
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier B.V. 2020
Materias:
Full length Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7378015/
https://www.ncbi.nlm.nih.gov/pubmed/34173406
http://dx.doi.org/10.1016/j.ribaf.2020.101299
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author Heavilin, Jason
Songur, Hilmi
author_facet Heavilin, Jason
Songur, Hilmi
author_sort Heavilin, Jason
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description This study empirically examines the relation between institutional distance (ID) and Turkey’s outward foreign direct investment (TODI). The empirical results use panel data from 2002 to 2016 to show that TODI is attracted to countries with better institutional quality. We also find that host country political stability, government effectiveness, control of corruption, and rule of law attract TODI. We also document that TODI is positively related to cultural distance (CD) and ID is not moderated by CD.
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spelling pubmed-73780152020-07-24 Institutional distance and Turkey’s outward foreign direct investment Heavilin, Jason Songur, Hilmi Research in International Business and Finance Full length Article This study empirically examines the relation between institutional distance (ID) and Turkey’s outward foreign direct investment (TODI). The empirical results use panel data from 2002 to 2016 to show that TODI is attracted to countries with better institutional quality. We also find that host country political stability, government effectiveness, control of corruption, and rule of law attract TODI. We also document that TODI is positively related to cultural distance (CD) and ID is not moderated by CD. Elsevier B.V. 2020-12 2020-07-24 /pmc/articles/PMC7378015/ /pubmed/34173406 http://dx.doi.org/10.1016/j.ribaf.2020.101299 Text en © 2020 Elsevier B.V. All rights reserved. Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active.
spellingShingle Full length Article
Heavilin, Jason
Songur, Hilmi
Institutional distance and Turkey’s outward foreign direct investment
title Institutional distance and Turkey’s outward foreign direct investment
title_full Institutional distance and Turkey’s outward foreign direct investment
title_fullStr Institutional distance and Turkey’s outward foreign direct investment
title_full_unstemmed Institutional distance and Turkey’s outward foreign direct investment
title_short Institutional distance and Turkey’s outward foreign direct investment
title_sort institutional distance and turkey’s outward foreign direct investment
topic Full length Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7378015/
https://www.ncbi.nlm.nih.gov/pubmed/34173406
http://dx.doi.org/10.1016/j.ribaf.2020.101299
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