{"id":{"repo_id":"city-london","oai_identifier":"oai:openaccess.city.ac.uk:18429"},"canonical_url":"https://search.dev.ndltd.org/etd/city-london/oai:openaccess.city.ac.uk:18429","repository":{"repo_id":"city-london","name":"City University of London","base_url":"https://openaccess.city.ac.uk/cgi/oai2"},"display":{"title":"Towards a better understanding of driving factors for FDI allocation. A country's goodwill: a new host country's FDI determinant?","abstract":"This Thesis proposes a new approach to explaining the allocation of foreign direct investments (FDI), by applying the accounting framework for valuating a company’s intangible assets at a country level. This framework allows us to identify a valuable group of a country’s assets that previously had not been taken into account: a group of assets that forms a country’s Goodwill, or national Goodwill. National Goodwill includes all those unmeasurable, unquantifiable or not easily identifiable assets that add to (or subtract from) a country’s market value and that can, in turn, generate FDI inflows. The research shows how a simple accounting method identifying a company’s goodwill can be adapted into a formula that proxies a country’s Goodwill. By identifying and then quantifying a particular country’s Goodwill, for a large sample of countries, this Thesis postulates that it is possible to test the power of a country’s Goodwill to explain the cross-sectional and time-series variation in FDI flows for a broad set of countries. The ultimate aim of this research is, by placing the difficult to factor, yet extremely important -‘intangible assets’ of a country,- into a more quantifiable form, to provide a much needed specificity to our understanding of the factors that more accurately define a country’s value and attractiveness for FDI investments.","abstract_html":"This Thesis proposes a new approach to explaining the allocation of foreign direct investments (FDI), by applying the accounting framework for valuating a company’s intangible assets at a country level. This framework allows us to identify a valuable group of a country’s assets that previously had not been taken into account: a group of assets that forms a country’s Goodwill, or national Goodwill. National Goodwill includes all those unmeasurable, unquantifiable or not easily identifiable assets that add to (or subtract from) a country’s market value and that can, in turn, generate FDI inflows. The research shows how a simple accounting method identifying a company’s goodwill can be adapted into a formula that proxies a country’s Goodwill. By identifying and then quantifying a particular country’s Goodwill, for a large sample of countries, this Thesis postulates that it is possible to test the power of a country’s Goodwill to explain the cross-sectional and time-series variation in FDI flows for a broad set of countries. The ultimate aim of this research is, by placing the difficult to factor, yet extremely important -‘intangible assets’ of a country,- into a more quantifiable form, to provide a much needed specificity to our understanding of the factors that more accurately define a country’s value and attractiveness for FDI investments.","abstract_has_math":false,"creators":["Sarno, Y."],"institution":"City, University of London","degree_name":"phd","degree_level":"doctoral","degree_discipline":null,"degree_department":null,"school":null,"contributors":[],"advisors":[],"committee_chairs":[],"committee_members":[],"year":2017,"date_issued":"2017","date_published":"2017","updated_at":"2026-07-24T01:39:38Z","subjects":["HG Finance"],"languages":[],"rights":[],"rights_urls":[],"identifier_entries":[]},"links":{"outbound_url":null,"outbound_label":null,"outbound_source":null},"metadata_groups":[{"id":"people","label":"People","entries":[{"key":"dc:creator","label":"Author","values":["Sarno, Y."]}]},{"id":"academic_context","label":"Academic Context","entries":[{"key":"dc:date","label":"Dc Date","values":["2017"]},{"key":"dc:date.issued","label":"Date","values":["2017"]},{"key":"dc:publisher.department","label":"Dc Publisher Department","values":["Department of International Politics","Doctoral Theses","School of Policy & Global Affairs Doctoral Theses"]},{"key":"dc:publisher.institution","label":"Dc Publisher Institution","values":["City, University of London"]},{"key":"dc:relation.isreferencedby","label":"Dc Relation Isreferencedby","values":["https://openaccess.city.ac.uk/id/eprint/18429/"]},{"key":"dc:type","label":"Dc Type","values":["Thesis"]},{"key":"dc:type.qualificationlevel","label":"Dc Type Qualificationlevel","values":["doctoral"]},{"key":"dc:type.qualificationname","label":"Dc Type Qualificationname","values":["phd"]}]},{"id":"subjects_keywords","label":"Subjects and Keywords","entries":[{"key":"dc:subject","label":"Dc Subject","values":["HG Finance"]}]},{"id":"identifiers","label":"Identifiers","entries":[{"key":"dc:identifier.uri","label":"Identifier URI","values":["https://openaccess.city.ac.uk/id/eprint/18429/1/Sarno%2C%20Yulia.pdf"]}]},{"id":"additional","label":"Additional Metadata","entries":[{"key":"dc:description.abstract","label":"Abstract","values":["This Thesis proposes a new approach to explaining the allocation of foreign direct investments (FDI), by applying the accounting framework for valuating a company’s intangible assets at a country level. 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The ultimate aim of this research is, by placing the difficult to factor, yet extremely important -‘intangible assets’ of a country,- into a more quantifiable form, to provide a much needed specificity to our understanding of the factors that more accurately define a country’s value and attractiveness for FDI investments."]},{"key":"dc:format","label":"Dc Format","values":["text"]},{"key":"dc:title","label":"Title","values":["Towards a better understanding of driving factors for FDI allocation. A country's goodwill: a new host country's FDI determinant?"]}]}],"canonical_facts":{"dc:creator":["Sarno, Y."],"dc:date":["2017"],"dc:date.issued":["2017"],"dc:description.abstract":["This Thesis proposes a new approach to explaining the allocation of foreign direct investments (FDI), by applying the accounting framework for valuating a company’s intangible assets at a country level. 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