A signaling theory of institutional activism: How Norway’s sovereign wealth fund investments affect firms’ foreign acquisitions
Combining perspectives from institutional activism and signaling theory literatures, we suggest that an activist sovereign wealth fund (SWF) can serve as an intermediary signaler, providing cues about host countries’ institutional environment to internationalizing firms. By publicizing its investmen...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2018
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/6478 https://ink.library.smu.edu.sg/context/lkcsb_research/article/7477/viewcontent/amj.2015.1141.pdf |
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| Institution: | Singapore Management University |
| Language: | English |