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Political Governance, Civil Liberties and Human Capital: Evaluating their effect on Foreign Direct Investment in Emerging and Developing Economies

Filippaios, Fragkiskos, Annan-Diab, Fatima, Hermidas, Amir, Theodoraki, Charikleia (2019) Political Governance, Civil Liberties and Human Capital: Evaluating their effect on Foreign Direct Investment in Emerging and Developing Economies. Journal of International Business Studies, 50 (7). pp. 1103-1129. ISSN 0047-2506. (doi:10.1057/s41267-019-00239-3) (KAR id:73372)

Abstract

We study the influence of a country’s political governance on its attractiveness to foreign direct

investors. We argue that democracy is not a unidimensional concept and that the effect of host country

political governance on incoming Foreign Direct Investment (FDI) differs depending on whether FDI

originates from a democratic or an autocratic country. We also hypothesize that the effect of civil

liberties depends on the motivations of investing Multinational Enterprises (MNEs) and that human

capital moderates this relationship. We test our hypotheses on a sample of 35,000 investments in

emerging and developing countries between 2003 and 2013.

Item Type: Article
DOI/Identification number: 10.1057/s41267-019-00239-3
Uncontrolled keywords: Political governance; civil liberties; human capital; foreign direct investment; investment motivations
Subjects: H Social Sciences > HF Commerce > HF5351 Business
Divisions: Divisions > Kent Business School - Division > Kent Business School (do not use)
Depositing User: Fragkiskos Filippaios
Date Deposited: 04 Apr 2019 10:43 UTC
Last Modified: 04 Mar 2024 16:05 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/73372 (The current URI for this page, for reference purposes)

University of Kent Author Information

Filippaios, Fragkiskos.

Creator's ORCID: https://orcid.org/0000-0002-7458-1333
CReDIT Contributor Roles:

Theodoraki, Charikleia.

Creator's ORCID:
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