The Experts below are selected from a list of 54513 Experts worldwide ranked by ideXlab platform

William L. Megginson - One of the best experts on this subject based on the ideXlab platform.

  • determinants of sovereign wealth fund cross border Investments
    The Financial Review, 2013
    Co-Authors: William L. Megginson
    Abstract:

    Using a sample of 1,590 purchases of stock by sovereign wealth funds (SWFs) in listed firms in 78 target countries between 1985 and 2011, we study the country-level determinants of SWF Cross-Border Investment. We find that SWFs from countries with high levels of openness and economic development, but with less developed local capital markets, will make more cross-country transactions, while target countries with higher levels of investor protection and more developed capital markets will attract more SWF Investment. Our findings support the Investment facilitation hypothesis, suggesting that SWFs act purely or principally as commercial investors facilitating Cross-Border corporate Investment.

  • Determinants of Sovereign Wealth Fund Cross‐Border Investments
    Financial Review, 2013
    Co-Authors: William L. Megginson, Miao You, Liyan Han
    Abstract:

    Using a sample of 1,590 purchases of stock by sovereign wealth funds (SWFs) in listed firms in 78 target countries between 1985 and 2011, we study the country-level determinants of SWF Cross-Border Investment. We find that SWFs from countries with high levels of openness and economic development, but with less developed local capital markets, will make more cross-country transactions, while target countries with higher levels of investor protection and more developed capital markets will attract more SWF Investment. Our findings support the Investment facilitation hypothesis, suggesting that SWFs act purely or principally as commercial investors facilitating Cross-Border corporate Investment.

Liyan Han - One of the best experts on this subject based on the ideXlab platform.

  • Determinants of Sovereign Wealth Fund Cross‐Border Investments
    Financial Review, 2013
    Co-Authors: William L. Megginson, Miao You, Liyan Han
    Abstract:

    Using a sample of 1,590 purchases of stock by sovereign wealth funds (SWFs) in listed firms in 78 target countries between 1985 and 2011, we study the country-level determinants of SWF Cross-Border Investment. We find that SWFs from countries with high levels of openness and economic development, but with less developed local capital markets, will make more cross-country transactions, while target countries with higher levels of investor protection and more developed capital markets will attract more SWF Investment. Our findings support the Investment facilitation hypothesis, suggesting that SWFs act purely or principally as commercial investors facilitating Cross-Border corporate Investment.

Stefan Brüne - One of the best experts on this subject based on the ideXlab platform.

  • Historische Wende? Äthiopien und Eritrea auf der Suche nach einer friedlichen Zukunft
    Zeitschrift für Außen- und Sicherheitspolitik, 2020
    Co-Authors: Stefan Brüne
    Abstract:

    After decades of hostility, the governments of Ethiopia and Eritrea agreed on a peace agreement in 2018. The treaty text, brokered by Saudi Arabia, provided for the resumption of diplomatic relations, the opening of the Eritrean-Ethiopian border and Cross-Border Investment. Both countries face unprecedented domestic challenges. While the signs of a policy change supporting reforms in Ethiopia are increasing, the development of neighbouring Eritrea is threatening to stagnate—also due to migration. Nach jahrzehntelangen Konflikten haben sich die Regierungen Äthiopiens und Eritreas Mitte 2018 auf ein Friedensabkommen verständigt. Die von Saudi-Arabien vermittelte Vereinbarung sieht die Wiederaufnahme diplomatischer Beziehungen, die begrenzte Öffnung der eritreisch-äthiopischen Grenze und gegenseitig zukunftsbezogene Investitionen vor. Die Vertragsparteien stehen vor neuen Herausforderungen: Während sich in Äthiopien die Anzeichen für einen reformgestützten Politikwechsel mehren, droht in Eritrea ein innen- und migrationspolitisch beförderter Stillstand.

  • Historische Wende? Äthiopien und Eritrea auf der Suche nach einer friedlichen Zukunft
    Zeitschrift für Außen- und Sicherheitspolitik, 2020
    Co-Authors: Stefan Brüne
    Abstract:

    After decades of hostility, the governments of Ethiopia and Eritrea agreed on a peace agreement in 2018. The treaty text, brokered by Saudi Arabia, provided for the resumption of diplomatic relations, the opening of the Eritrean-Ethiopian border and Cross-Border Investment. Both countries face unprecedented domestic challenges. While the signs of a policy change supporting reforms in Ethiopia are increasing, the development of neighbouring Eritrea is threatening to stagnate—also due to migration. Nach jahrzehntelangen Konflikten haben sich die Regierungen Äthiopiens und Eritreas Mitte 2018 auf ein Friedensabkommen verständigt. Die von Saudi-Arabien vermittelte Vereinbarung sieht die Wiederaufnahme diplomatischer Beziehungen, die begrenzte Öffnung der eritreisch-äthiopischen Grenze und gegenseitig zukunftsbezogene Investitionen vor. Die Vertragsparteien stehen vor neuen Herausforderungen: Während sich in Äthiopien die Anzeichen für einen reformgestützten Politikwechsel mehren, droht in Eritrea ein innen- und migrationspolitisch beförderter Stillstand.

Vladimir Pažitka - One of the best experts on this subject based on the ideXlab platform.

  • what turns cities into international financial centres analysis of cross border Investment banking 2000 2014
    Journal of Economic Geography, 2018
    Co-Authors: Dariusz Wojcik, Eric Knight, Vladimir Pažitka
    Abstract:

    Globalisation, financialisation and technology have fuelled competition among international financial centres (IFCs), with Investment banks playing an important part in the process. This study introduces novel data on Cross-Border Investment banking revenues in 2000-2014 by city, and investigates their determinants. It shows that IFCs emerge from cities that are already leading domestic financial centres, with large, deep, flexible and open labour markets, and a large and internationalised non-financial sector, in countries with strong rule of law and contract enforcement. Stock market returns, corporate- and finance-specific taxation, English as the official language, and legal family of origin do not seem to matter.

  • What turns cities into international financial centres? Analysis of Cross-Border Investment banking 2000–2014
    Journal of Economic Geography, 2017
    Co-Authors: Dariusz Wojcik, Eric Knight, Vladimir Pažitka
    Abstract:

    Globalisation, financialisation and technology have fuelled competition among international financial centres (IFCs), with Investment banks playing an important part in the process. This study introduces novel data on Cross-Border Investment banking revenues in 2000-2014 by city, and investigates their determinants. It shows that IFCs emerge from cities that are already leading domestic financial centres, with large, deep, flexible and open labour markets, and a large and internationalised non-financial sector, in countries with strong rule of law and contract enforcement. Stock market returns, corporate- and finance-specific taxation, English as the official language, and legal family of origin do not seem to matter.

Miao You - One of the best experts on this subject based on the ideXlab platform.

  • Determinants of Sovereign Wealth Fund Cross‐Border Investments
    Financial Review, 2013
    Co-Authors: William L. Megginson, Miao You, Liyan Han
    Abstract:

    Using a sample of 1,590 purchases of stock by sovereign wealth funds (SWFs) in listed firms in 78 target countries between 1985 and 2011, we study the country-level determinants of SWF Cross-Border Investment. We find that SWFs from countries with high levels of openness and economic development, but with less developed local capital markets, will make more cross-country transactions, while target countries with higher levels of investor protection and more developed capital markets will attract more SWF Investment. Our findings support the Investment facilitation hypothesis, suggesting that SWFs act purely or principally as commercial investors facilitating Cross-Border corporate Investment.