April M. Knill

TL;DR: This article examined the role of bilateral political relations in sovereign wealth fund (SWF) investment decisions and found that political relations play a role in SWF decision-making, and that SWFs prefer to invest in nations with which they have weaker political relations.

TL;DR: A recent special issue on the role of financial and legal institutions in International Governance as discussed by the authors, with a particular emphasis on a notion of international mobility of corporate governance, places the discussion at the intersection of law, finance, and international business, with a focus on the contexts of foreign investors and directors.

TL;DR: This article investigated the relationship between sovereign wealth fund (SWF) investment and the return-to-risk performance of target firms and found that target firm raw returns decline following SWF investment.

TL;DR: In this paper, the authors examined the investments of 19 sovereign wealth funds (SWFs) in 424 firms (both public and private) around the world from 1991 through 2010 and found that SWFs are more likely to invest in private equity versus public equity in target nations where investor protection is low and where the bilateral political relations between the SWF and target nation are weak.

TL;DR: This article examined the impact of international venture capital investors on private firm success spanning 81 countries over the years 1995-2010 and found that firms that have an international investor base have a higher probability of exiting via an initial public offering (IPO) and higher IPO proceeds.