Forssbaeck, Jens; Oxelheim, Lars - Institutet för Näringslivsforskning (IFN) - 2008
investment and production. We hypothesize that financial strength generates advantages that can be exploited through cross …-border investment activity. The hypothesis is tested in a series of binary-response models, using a sample of 1379 European non …-border investment. We conclude that without explicit consideration of the financial dimension, firms’ FDI decisions cannot be properly …