In this paper, we examine the complex decision-making processes that lead to sovereign wealth funds' (SWFs') choice of investment location. Using a two-tiered dynamic Tobit panel model, we find that country-level factors do not have the same impacts on the investment decision and the amount to invest and that SWFs tend to invest more frequently and at higher amounts in countries in which they have already invested. More specifically, we find that SWFs prefer to invest in countries with higher political stability, whereas they are more prone to invest large amounts in countries that are less democratic and more financially open. Our results also lend support to the idea that SWFs are prudent in their choice of a target country with regard to...
International audienceIn this paper, we investigate the determinants of equity shares purchased by S...
We examine the role of bilateral political relations in sovereign wealth fund (SWF) investment decis...
Abstract. Sovereign Wealth Funds (SWF) are investment vehicles of governments which use its assets i...
In this paper, we examine the complex decision-making processes that lead to sovereign wealth funds'...
International audienceSovereign wealth funds (SWFs) have been increasingly active over the past deca...
This paper investigates the determinants of the investment activity of Sovereign Wealth Funds (SWFs)...
In this paper, we examine the strategies used by sovereign wealth fund (SWF) investments in their cr...
In this paper, we examine the strategies used by sovereign wealth fund (SWF) investments in their cr...
This paper presents statistical analysis supporting stylized facts about sovereign wealth funds (SW...
This paper tests the theoretically founded hypothesis that the surge of SWF establishments is determ...
We investigate the determinants of sovereign wealth fund (SWF) investments\u2019 stock prices. We fo...
This paper investigates whether the determinants and effects of sovereign wealth fund (SWF) investme...
This paper examines investment strategies of sovereign wealth funds (SWFs), their effect on target f...
This paper examines the direct private equity investment strategies across sovereign wealth funds an...
This paper investigates whether determinants and effects of sovereign wealth funds (SWFs) investment...
International audienceIn this paper, we investigate the determinants of equity shares purchased by S...
We examine the role of bilateral political relations in sovereign wealth fund (SWF) investment decis...
Abstract. Sovereign Wealth Funds (SWF) are investment vehicles of governments which use its assets i...
In this paper, we examine the complex decision-making processes that lead to sovereign wealth funds'...
International audienceSovereign wealth funds (SWFs) have been increasingly active over the past deca...
This paper investigates the determinants of the investment activity of Sovereign Wealth Funds (SWFs)...
In this paper, we examine the strategies used by sovereign wealth fund (SWF) investments in their cr...
In this paper, we examine the strategies used by sovereign wealth fund (SWF) investments in their cr...
This paper presents statistical analysis supporting stylized facts about sovereign wealth funds (SW...
This paper tests the theoretically founded hypothesis that the surge of SWF establishments is determ...
We investigate the determinants of sovereign wealth fund (SWF) investments\u2019 stock prices. We fo...
This paper investigates whether the determinants and effects of sovereign wealth fund (SWF) investme...
This paper examines investment strategies of sovereign wealth funds (SWFs), their effect on target f...
This paper examines the direct private equity investment strategies across sovereign wealth funds an...
This paper investigates whether determinants and effects of sovereign wealth funds (SWFs) investment...
International audienceIn this paper, we investigate the determinants of equity shares purchased by S...
We examine the role of bilateral political relations in sovereign wealth fund (SWF) investment decis...
Abstract. Sovereign Wealth Funds (SWF) are investment vehicles of governments which use its assets i...