Geographic Location and Corporate Finance: A Review
University of Wisconsin-Milwaukee
Christo A. Pirinsky
June 2, 2010
Handbook of Emerging Issues in Corporate Governance, 2010
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.
Number of Pages in PDF File: 27
Keywords: Geography, location, corporate governance, agency theory, culture
JEL Classification: G30
Date posted: June 2, 2010 ; Last revised: June 6, 2010
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