{"id":2495,"date":"2026-08-14T03:45:32","date_gmt":"2026-08-14T00:45:32","guid":{"rendered":"https:\/\/sites.uwasa.fi\/mfjuva\/?page_id=2495"},"modified":"2026-08-14T03:47:06","modified_gmt":"2026-08-14T00:47:06","slug":"u-s-fdi-and-shareholder","status":"publish","type":"page","link":"https:\/\/sites.uwasa.fi\/mfjuva\/all-issues\/u-s-fdi-and-shareholder\/","title":{"rendered":""},"content":{"rendered":"<h2>U.S. FDI and Shareholder Rights Protection in Developed and Developing Economies<\/h2>\n<p>Multinational Finance Journal, 2020, vol. 24, no. 3\/4, pp. 155\u2013182<\/p>\n<p style=\"align-items: center;gap: 12px;font-weight: bold\"><a href=\"https:\/\/sites.uwasa.fi\/mfjuva\/wp-content\/blogs.dir\/4\/files\/sites\/231\/2025\/02\/MJ0p1enntjumt119obacjac1k6g134v4.pdf\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-2383\" src=\"https:\/\/sites.uwasa.fi\/mfjuva\/wp-content\/blogs.dir\/4\/files\/sites\/231\/2026\/07\/download-blue-button-300x89.png\" alt=\"\" width=\"139\" height=\"41\" srcset=\"https:\/\/sites.uwasa.fi\/mfjuva\/wp-content\/blogs.dir\/4\/files\/sites\/231\/2026\/07\/download-blue-button-300x89.png 300w, https:\/\/sites.uwasa.fi\/mfjuva\/wp-content\/blogs.dir\/4\/files\/sites\/231\/2026\/07\/download-blue-button.png 355w\" sizes=\"(max-width: 139px) 100vw, 139px\" \/><\/a><\/p>\n<p><strong>Vishaal Baulkaran<\/strong>, <em>University of Lethbridge, Canada<\/em><\/p>\n<p><strong>Nathaniel C. Lupton<\/strong>, <em>San Jose State University, USA<\/em><\/p>\n<p>&nbsp;<\/p>\n<h3><strong>Abstract:<\/strong><\/h3>\n<p>We examine the impact of shareholder rights protection on U.S multinational firms\u2019 Foreign Direct Investments (FDI). We hypothesize that the expropriation of wealth is less likely to occur in countries with strong shareholder rights and hence, these countries will attract more FDI relative to countries with weaker shareholder rights protection. We also hypothesize that this relationship will be more important for developing countries compared to developed countries. Based on an analysis of US FDI data over the period 1997-2016, we find support for our predictions. These findings emphasize the importance of institutional development for economic development, via the attraction of FDI.<\/p>\n<p>&nbsp;<\/p>\n<h3><strong>Keywords:<\/strong><\/h3>\n<p>FDI; expropriation; shareholder rights; multinational firms<\/p>\n<p>&nbsp;<\/p>\n<h3><strong>Citation (APA):<\/strong><\/h3>\n<p data-path-to-node=\"1\">Baulkaran, V., &amp; Lupton, N. C. (2020). U.S. FDI and shareholder rights protection in developed and developing economies. <em data-start=\"146\" data-end=\"181\">Multinational Finance Journal, 24<\/em>(3\/4), 155\u2013182.<\/p>\n<h3><strong>Citation (Harvard):<\/strong><\/h3>\n<p>Baulkaran, V. and Lupton, N.C., 2020. U.S. FDI and Shareholder Rights Protection in Developed and Developing Economies. <em data-start=\"347\" data-end=\"378\">Multinational Finance Journal<\/em>, 24(3\/4), pp.155\u2013182.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. FDI and Shareholder Rights Protection in Developed and Developing Economies Multinational Finance Journal, 2020, vol. 24, no. 3\/4, pp. 155\u2013182 Vishaal Baulkaran, University of Lethbridge, Canada Nathaniel C. Lupton, San Jose State University, USA &nbsp; Abstract: We examine the impact of shareholder rights protection on U.S multinational firms\u2019 Foreign Direct Investments (FDI). We hypothesize [&hellip;]<\/p>\n","protected":false},"author":621,"featured_media":0,"parent":221,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-2495","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/pages\/2495"}],"collection":[{"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/users\/621"}],"replies":[{"embeddable":true,"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/comments?post=2495"}],"version-history":[{"count":3,"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/pages\/2495\/revisions"}],"predecessor-version":[{"id":2498,"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/pages\/2495\/revisions\/2498"}],"up":[{"embeddable":true,"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/pages\/221"}],"wp:attachment":[{"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/media?parent=2495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}