Geographic Location and Corporate Finance: A Review
Handbook of Emerging Issues in Corporate Governance, 2010
27 Pages Posted: 2 Jun 2010 Last revised: 6 Jun 2010
Date Written: June 2, 2010
Abstract
We review the literature on the relationship between firm geographic location and corporate finance with an emphasis on corporate governance. We discuss the importance of geographic location within the context of four theoretical frameworks – agency theory of the firm, asymmetric information, market segmentation, and behavioral finance, and highlight some directions for future research.
Keywords: Geography, location, corporate governance, agency theory, culture
JEL Classification: G30
Suggested Citation: Suggested Citation
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