in detail the comparative response of multinationals and domestic firms to an economic crisis, using the empirical … find evidence that multinationals react to the economic crisis differently than do domestic firms. Our findings hold in a … idea that multinationals are less affected by an economic crisis and that they may be able to act as stabilizers in …

questions: are affiliates of foreign multinationals more likely to exit than domestic firms? Does the exit probability of … multinationals depend on its export orientation?, and Does the presence of multinationals affect the survival of other firms in the … that only domestic market oriented multinationals responded to this negative shock by being more "footloose"; this is not …

potentially problematic, as they depend on a number of restrictive assumptions, namely that (i) multinationals use domestically … produced inputs in the same proportion as imported inputs, (ii) multinationals have the same input sourcing behaviour as … domestic firms, irrespective of their country of origin, and (iii) the demand for locally produced inputs by multinationals is …

. Our results draw on a firm-level panel of more than 2,000 multinationals and more than 5,000 of their affiliates, covering … 47 home and host countries. We find considerable evidence that multinationals share profits internationally, by paying …

describe the post-privatization ownership structure and to test the effect of alternative privatization policies on firm … significant effect of private ownership share on the level and growth of labor productivity, the estimates ranging from 13 to 32 …

-post bargaining. Optimal ownership structures are characterized and a new role for option contracts is identified. …