Capital outflows and the environment: fresh evidence from M&A purchases and greenfield FDI

• Main Authors: Uctum, Merih, Doytch, Nadia, Ashraf, Ayesha
• Format: text
• Published: Archīum Ateneo 2022
• Subjects: Capital outflows; Environmental impact; Greenfield investment; Mergers and acquisitions; Sectoral spillovers; Business; Environmental Indicators and Impact Assessment; Environmental Sciences; Social and Behavioral Sciences; Sustainability
• Online Access: https://archium.ateneo.edu/asog-pubs/241; https://doi.org/10.1007/s11356-022-24178-z
• Institution: Ateneo De Manila University

We analyze how the mergers and acquisitions (M&As) and greenfield foreign direct investment (GFDI) outflows impact the host countries' air pollution at the sectoral level. Following the recent advent of multinationals from emerging economies, we examine outflows rather than inflows. Evidenc...