Full paper available at: "https://ssrn.com/abstract=3209976" https://ssrn.com/abstract=3209976 This Internet Appendix accompanies the paper "Foreign Ties that Bind: Cross-Border Firm Expansions and Fund Portfolio Allocation Around the World"

We investigate whether international operations enhance information links between firms and foreign investors. Exploiting novel subsidiary-level data and within-firm-location variations, we show that, after a firm expands into a new market, it attracts a larger increase in portfolio allocation...