IDEAS home Printed from https://ideas.repec.org/a/jis/ejistu/y2022i02id496.html
   My bibliography  Save this article

Fake News and Foreign Direct Investment Inflows: Is there a Relationship?

Author

Listed:
  • SELAKOVIĆ Marko

Abstract

CHD triad – capitalism, human and digitalization is considered as critically important aspect of the inflow of foreign direct investments. Synergy of systemic, human, and technological factors established within CHD triad redefined the pattern of foreign direct investments. Nowadays, they are not created solely by the international investors, but rather developed in interaction of the investors with governments and the local population. Knowing the ability of fake news to influence human attitudes and behavior, the aim of the research was to analyze whether fake news can annulate the positive impact of three key aspects of CHD triad and negatively influence the efforts of the countries related to the FDI attraction. Using an interdisciplinary approach, the existence of key elements of CHD triad, as well as existence and impact of the fake news, were analyzed on the sample of the European countries with the above average percentage of FDI contribution to their total gross domestic product. Based on the document analysis, it has not been identified that fake news has relevant impact on the FDIs inflow, if all pillars of CHD triad are at place within the country that attempts to attract foreign direct investments.

Suggested Citation

  • SELAKOVIĆ Marko, 2022. "Fake News and Foreign Direct Investment Inflows: Is there a Relationship?," European Journal of Interdisciplinary Studies, Bucharest Economic Academy, issue 02, June.
    • Handle: RePEc:jis:ejistu:y:2022:i:02:id:496
    as

    Download full text from publisher

    File URL: https://ejist.ro/files/pdf/496.pdf
    Download Restriction: no
    File URL: https://ejist.ro/abstract/496/Fake-News-and-Foreign-Direct-Investment-Inflows-Is-there-a-Relationship-.html
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Zoltán J. Ács & Colm O'Gorman & László Szerb & Siri Terjesen, 2015. "Could the Irish Miracle be Repeated in Hungary?," Chapters, in: Global Entrepreneurship, Institutions and Incentives, chapter 30, pages 584-603, Edward Elgar Publishing.
    2. Jani KINNUNEN & Armenia ANDRONICEANU & Irina GEORGESCU, 2019. "Digitalization Of Eu Countries: A Clusterwise Analysis," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 13(1), pages 1-12, November.
    3. Sturm, Philipp, 2013. "Operational and reputational risk in the European banking industry: The market reaction to operational risk events," Journal of Economic Behavior & Organization, Elsevier, vol. 85(C), pages 191-206.
    4. John Dunning, 2001. "The Eclectic (OLI) Paradigm of International Production: Past, Present and Future," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 8(2), pages 173-190.
    5. Alexander Khodunov, 2022. "The Bulldozer Revolution in Serbia," Societies and Political Orders in Transition, in: Jack A. Goldstone & Leonid Grinin & Andrey Korotayev (ed.), Handbook of Revolutions in the 21st Century, pages 447-463, Springer.
    6. Azémar, Céline & Dharmapala, Dhammika, 2019. "Tax sparing agreements, territorial tax reforms, and foreign direct investment," Journal of Public Economics, Elsevier, vol. 169(C), pages 89-108.
    7. Balcilar, Mehmet & Kutan, Ali M. & Yaya, Mehmet E., 2017. "Financial integration in small Islands: The case of Cyprus," International Review of Economics & Finance, Elsevier, vol. 47(C), pages 201-219.
    8. Tatiana Papiashvili & Svetlana Saksonova & Ramona Rupeika-Apoga, 2017. "FDI Attraction: Comparative Analysis of the Baltic States and Georgia," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(3), pages 81-93.
    9. Amin Sokhanvar & Glenn P. Jenkins, 2021. "An Efficient Long-Run Economic Growth Strategy for Estonia," Development Discussion Papers 2020-23, JDI Executive Programs.
    10. Domenico, Giandomenico Di & Sit, Jason & Ishizaka, Alessio & Nunan, Daniel, 2021. "Fake news, social media and marketing: A systematic review," Journal of Business Research, Elsevier, vol. 124(C), pages 329-341.
    11. Leo-Paul Dana, Teresa E. Dana, 2003. "Innovative policies for entrepreneurship: the Principality of Liechtenstein and the Grand Duchy of Luxembourg," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 3(3), pages 295-302.
    12. Andrej Privara, 2019. "Citizenship-for-Sale Schemes in Bulgaria, Cyprus, and Malta," Migration Letters, Migration Letters, vol. 16(2), pages 245-254, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Aneta Bobenič Hintošová & František Sudzina & Terézia Barlašová, 2021. "Direct and Indirect Effects of Investment Incentives in Slovakia," JRFM, MDPI, vol. 14(2), pages 1-12, February.
    2. Cristina Chaminade & Monica Plechero, 2015. "Do Regions Make a Difference? Regional Innovation Systems and Global Innovation Networks in the ICT Industry," European Planning Studies, Taylor & Francis Journals, vol. 23(2), pages 215-237, February.
    3. Sosa Andrés, Maximiliano & Nunnenkamp, Peter & Busse, Matthias, 2013. "What drives FDI from non-traditional sources? A comparative analysis of the determinants of bilateral FDI flows," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 7, pages 1-53.
    4. Hao Liang & Bing Ren & Haikun Zhu, 2011. "Revisiting the OLI Paradigm: The Institutions, the State, and China's OFDI," CESifo Working Paper Series 3642, CESifo.
    5. Johnson, Nathan & Turnbull, Benjamin & Reisslein, Martin, 2022. "Social media influence, trust, and conflict: An interview based study of leadership perceptions," Technology in Society, Elsevier, vol. 68(C).
    6. Richter, Nicole Franziska & Hauff, Sven, 2022. "Necessary conditions in international business research–Advancing the field with a new perspective on causality and data analysis," Journal of World Business, Elsevier, vol. 57(5).
    7. UMBA, Gilles, 2013. "Ouverture commerciale et croissance économique en RD Congo : une analyse en équilibre général calculable [Trade openness and economic growth in the DR Congo : an analysis in a computable general eq," MPRA Paper 66092, University Library of Munich, Germany, revised 13 Aug 2015.
    8. Assaf, A. George & Josiassen, Alexander & Agbola, Frank W., 2015. "Attracting international hotels: Locational factors that matter most," Tourism Management, Elsevier, vol. 47(C), pages 329-340.
    9. Françoise Hay & Christian Milelli, 2013. "The endless quest to strategic assets by Chinese firms through FDI: From Inward to Outward Flows," Working Papers hal-04141202, HAL.
    10. Khanindra Ch. Das, 2013. "Home Country Determinants of Outward FDI from Developing Countries," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 7(1), pages 93-116, February.
    11. Laudage, Sabine, 2020. "Corporate tax revenue and foreign direct investment: Potential trade-offs and how to address them," IDOS Discussion Papers 17/2020, German Institute of Development and Sustainability (IDOS).
    12. Hong Joo Lee, 2019. "What Factors Are Necessary for Sustaining Entrepreneurship?," Sustainability, MDPI, vol. 11(11), pages 1-20, May.
    13. Saleh, Ali Salman & Anh Nguyen, Thi Lan & Vinen, Denis & Safari, Arsalan, 2017. "A new theoretical framework to assess Multinational Corporations’ motivation for Foreign Direct Investment: A case study on Vietnamese service industries," Research in International Business and Finance, Elsevier, vol. 42(C), pages 630-644.
    14. Mohamed Mansour Kadah, 2003. "Foreign Direct Investment and International Technology Transfer to Egypt," Working Papers 0317, Economic Research Forum, revised Jun 2003.
    15. Paul J. J. Welfens, 2019. "New Marshall-Lerner conditions for an economy with outward and two-way foreign direct investment," International Economics and Economic Policy, Springer, vol. 16(4), pages 593-617, October.
    16. Chris Wagner, 2020. "Deducing a state-of-the-art presentation of the Eclectic Paradigm from four decades of development: a systematic literature review," Management Review Quarterly, Springer, vol. 70(1), pages 51-96, February.
    17. Kox, Henk L.M., 2022. "A micro-macro model of foreign direct investment: knowledge-based gravity forces, self-selection and third-country effects," MPRA Paper 115542, University Library of Munich, Germany.
    18. Jingmei Ma & Hongyu Jia, 2015. "The Role of Foreign Direct Investment on Income Convergence in China after Early 1990s from a Spatial Econometric Perspective," Review of Development Economics, Wiley Blackwell, vol. 19(4), pages 829-842, November.
    19. Folajimi Ashiru & Franklin Nakpodia & Jacqueline J You, 2023. "Adapting emerging digital communication technologies for resilience: evidence from Nigerian SMEs," Annals of Operations Research, Springer, vol. 327(2), pages 795-823, August.
    20. Eric Thivant & Hana Machková, 2017. "An Analysis of French Mergers and Acquisitions in Different Sectors of the Czech Economy," Central European Business Review, Prague University of Economics and Business, vol. 2017(1), pages 48-60.

    More about this item

    Keywords

    Foreign Direct Investment (FDI); CHD triad; fake news; digital economy; political system;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jis:ejistu:y:2022:i:02:id:496. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alina Popescu (email available below). General contact details of provider: https://edirc.repec.org/data/frasero.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.