Do foreign investors exhibit a corporate governance disadvantage? An information asymmetry perspective

• Main Authors: Kang, Jun-Koo, Kim, Jin-Mo
• Other Authors: Nanyang Business School
• Format: Article
• Language: English
• Published: 2013
• Subjects: Business
• Online Access: https://hdl.handle.net/10356/100450; http://hdl.handle.net/10220/18127
• Institution: Nanyang Technological University

Although foreign equity ownership around the world has increased substantially over the last three decades, there is little evidence on the role of foreign ownership in the host country. Using a large sample of foreign partial acquisitions in the US from 1981 to 1999, we examine the determinants of...