Foreign Financing and the International Sources of Property Rights
Abstract
How do firms protect themselves against infringements of their property rights by their own government? The authors develop a theory based on international law and joint asset ownership with foreign firms. Investment agreements protect the assets of foreign firms but are not available to domestic firms. This segmentation of the property rights environment creates a rationale for international financial relationships between firms. By forming...
Paper Details
Title
Foreign Financing and the International Sources of Property Rights
Published Date
Jun 7, 2019
Journal
Volume
71
Issue
3
Pages
503 - 541
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Notes
History