Institutional Governance and Foreign Direct Investments: Evidence from South Asian Emerging Markets
Journal: Pakistan Social Sciences Review
Year: 2021

The current study investigated the effect of institutional governance on foreign direct investment inflows in five South Asian emerging countries for the period of 1996-2017. The results of the Housman's specification test support the fixed effects model could better fit the data. The estimated results showed that a governance variable such as control of corruption has positive and significant whereas, political stability, regulatory quality, and voice and accountability have a negative and sign