An Information-Based Trade Off between Foreign Direct Investment and Foreign Portfolio Investment

By Itay Goldstein, A. Razin. 2005

177 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/73ea56787d50e5dd4596b118a6c22d315d74070e

Citations in the corpus

• FDI as an Outcome of the Market for Corporate Control: Theory and Evidence (2008, unknown): “In Razin and Goldstein (2005) and Razin, Sadka, and Yuen (1998), foreign direct investors have informational advantages over portfolio investors.”
• The Pecking Order of Cross-Border Investment (2006, unknown): “Also, especially for the case of FDI, once an asset has been acquired, direct ownership makes the asset less liquid given the potential lemon problem in case of a re-sale, as Goldstein and Razin (2006) point out.”