In an era of globalized governance, long-term investors are one of several actors who can provide global public goods. It is thus important to understand what factors constrain cross-border investments, and whether long-term investing is associated with long-term public policy objectives. To begin answering these questions, funds traditionally associated with long-term investing were surveyed. Results indicate that foreign policy factors were most likely to decrease cross-border investment, and long-term investing was associated with intergenerational objectives. These findings emphasize the importance of creating a facilitative policy environment and suggests that long-term investors can contribute to the provision of global public goods.
This is a very important piece of research. Available for download here.