Essec\Faculty\Model\Contribution {#2216 ▼
#_index: "academ_contributions"
#_id: "1382"
#_source: array:26 [
"id" => "1382"
"slug" => "1382-institutions-sans-frontieres-international-agreements-and-foreign-investment"
"yearMonth" => "2014-07"
"year" => "2014"
"title" => "Institutions sans Frontières: International Agreements and Foreign Investment"
"description" => "JANDHYALA, S. et WEINER, R. (2014). Institutions sans Frontières: International Agreements and Foreign Investment. <i>Journal of International Business Studies</i>, 45(6), pp. 649-669.
JANDHYALA, S. et WEINER, R. (2014). Institutions sans Frontières: International Agreements and Forei
"
"authors" => array:2 [
0 => array:3 [
"name" => "JANDHYALA Srividya"
"bid" => "B00536876"
"slug" => "jandhyala-srividya"
]
1 => array:1 [
"name" => "WEINER R."
]
]
"ouvrage" => ""
"keywords" => array:5 [
0 => "Global institutions"
1 => "Political risk"
2 => "International investment agreements"
3 => "Foreign direct investment"
4 => "Petroleum"
]
"updatedAt" => "2021-02-02 16:16:18"
"publicationUrl" => "https://link.springer.com/article/10.1057/jibs.2013.70"
"publicationInfo" => array:3 [
"pages" => "649-669"
"volume" => "45"
"number" => "6"
]
"type" => array:2 [
"fr" => "Articles"
"en" => "Journal articles"
]
"support_type" => array:2 [
"fr" => "Revue scientifique"
"en" => "Scientific journal"
]
"countries" => array:2 [
"fr" => null
"en" => null
]
"abstract" => array:2 [
"fr" => "We examine whether the presence of International Investment Agreements (IIAs), negotiated among countries for foreign investor protection, lowers political risk faced by MNEs. Drawing on research from international business, political science, and international law, we argue that IIAs increase expected future cash flows, and hence the value of foreign assets, by limiting the ability of host governments to make discriminatory policy changes. However, the need for IIA protection, and the ability to benefit from it, varies with firm characteristics. Using detailed transaction-level data for sale of petroleum assets in 45 countries, we find that MNEs pay significantly higher amounts for those protected by IIAs than similar but unprotected assets, an effect moderated by the firm’s reserve size and state ownership.
We examine whether the presence of International Investment Agreements (IIAs), negotiated among coun
"
"en" => "We examine whether the presence of International Investment Agreements (IIAs), negotiated among countries for foreign investor protection, lowers political risk faced by MNEs. Drawing on research from international business, political science, and international law, we argue that IIAs increase expected future cash flows, and hence the value of foreign assets, by limiting the ability of host governments to make discriminatory policy changes. However, the need for IIA protection, and the ability to benefit from it, varies with firm characteristics. Using detailed transaction-level data for sale of petroleum assets in 45 countries, we find that MNEs pay significantly higher amounts for those protected by IIAs than similar but unprotected assets, an effect moderated by the firm’s reserve size and state ownership.
We examine whether the presence of International Investment Agreements (IIAs), negotiated among coun
"
]
"authors_fields" => array:2 [
"fr" => "Management"
"en" => "Management"
]
"indexedAt" => "2025-03-31T06:21:42.000Z"
"docTitle" => "Institutions sans Frontières: International Agreements and Foreign Investment"
"docSurtitle" => "Journal articles"
"authorNames" => "<a href="/cv/jandhyala-srividya">JANDHYALA Srividya</a>, WEINER R."
"docDescription" => "<span class="document-property-authors">JANDHYALA Srividya, WEINER R.</span><br><span class="document-property-authors_fields">Management</span> | <span class="document-property-year">2014</span>
<span class="document-property-authors">JANDHYALA Srividya, WEINER R.</span><br><span class="documen
"
"keywordList" => "<a href="#">Global institutions</a>, <a href="#">Political risk</a>, <a href="#">International investment agreements</a>, <a href="#">Foreign direct investment</a>, <a href="#">Petroleum</a>
<a href="#">Global institutions</a>, <a href="#">Political risk</a>, <a href="#">International inves
"
"docPreview" => "<b>Institutions sans Frontières: International Agreements and Foreign Investment</b><br><span>2014-07 | Journal articles </span>
<b>Institutions sans Frontières: International Agreements and Foreign Investment</b><br><span>2014-0
"
"docType" => "research"
"publicationLink" => "<a href="https://link.springer.com/article/10.1057/jibs.2013.70" target="_blank">Institutions sans Frontières: International Agreements and Foreign Investment</a>
<a href="https://link.springer.com/article/10.1057/jibs.2013.70" target="_blank">Institutions sans F
"
]
+lang: "en"
+"_type": "_doc"
+"_score": 8.979501
+"parent": null
}