The authors provide evidence on the impact of foreign ownership on labor market outcomes analyzing pay differences between foreign-acquired and domestically owned firms. For this purpose, they use firm-level data from 16 European countries over the time period 19992006. Combing propensity score...

Regionalization of operations is a trend among multinationals. Regional structures bridge the distance between the corporate headquarters and local subsidiaries and markets by acting as integral intermediaries. A growing number of multinationals from emerging markets establish their regional...