Narrow search
Showing 1 - 10 of 184
Cover Image
Expatriate managers : effects on firm performance
Koren, Miklós; Telegdy, Álmos - 2024
Using a novel Hungarian dataset on firms and their Chief Executive Officers (CEOs), we estimate the impact of hiring expatriate CEOs. By examining foreign acquisitions where the new owner replaces the incumbent CEO with an expatriate or a local CEO, we address the selection into both acquisition...
Persistent link: https://www.econbiz.de/10014556622
Cover Image
Exporters, multinationals and residual wage inequality : evidence and theory
Schroeder, Sarah - 2020
FDI) and domestically owned (outward FDI). My findings exhibit a clear hierarchy of firms' international activities with …-ante homogeneous workers, heterogeneous firms and search and matching frictions into a multi-region model of trade and FDI with … interplay between trade, FDI and labour market institutions. …
Persistent link: https://www.econbiz.de/10012315942
Cover Image
Foreign ownership and the extensive margins of exports : evidence for manufacturing enterprises in Germany
Raff, Horst; Wagner, Joachim - 2013
We examine how foreign ownership of a firm affects the variety of goods that the firm exports and the number of countries it trades with. We construct a simple theoretical model of how foreign ownership may affect these extensive margins of exports and take this model to data from Germany, one...
Persistent link: https://www.econbiz.de/10009772938
Cover Image
Foreign direct investment modes and local backward linkages
Milliou, Chrysovalantou; Pavlou, Apostolis - 2014
We study a multinational enterprise's (MNE) choice of foreign direct investment (FDI) mode in a vertically related … among FDI modes as well as among markets with more or less dependence on backward linkages. …
Persistent link: https://www.econbiz.de/10010238336
Cover Image
Former foreign affiliates : cast out and outperformed?
Javorcik, Beata K. Smarzynska; Poelhekke, Steven - 2014
The literature has documented a positive effect of foreign ownership on firm performance. But is this effect due to a one-time knowledge transfer or does it rely on continuous injections of knowledge? To shed light on this question we focus on divestments, that is, foreign affiliates that are...
Persistent link: https://www.econbiz.de/10010461272
Cover Image
Financial frictions and foreign direct investment : theory and evidence from Japanese microdata
Raff, Horst; Ryan, Michael; Stähler, Frank - 2015
We use Japanese microdata to examine how financial market frictions affect foreign direct investment (FDI). The … identify two possible transmission channels from financial shocks to FDI: (i) a collateral channel, whereby changes in the …
Persistent link: https://www.econbiz.de/10010496990
Cover Image
Investor-state dispute settlement and multinational firm behavior
Schjelderup, Guttorm; Stähler, Frank - 2020
This paper shows that Investor-State Dispute Settlements (ISDS) makes multinational firms more aggressive by increasing cost-reducing investments with the aim to enlarge the potential compensation an ISDS provision may offer. While a larger investment reduces the market distortion, it will also...
Persistent link: https://www.econbiz.de/10012271775
Cover Image
Transfer pricing and the arm's length principle under imperfect competition
Choi, Jay Pil; Furusawa, Taiji; Ishikawa, Jota - 2018
-induced foreign direct investment (FDI) may entail inefficient internal production. We show how the mechanisms behind such inefficient … FDI differ between alternative implementation schemes of the ALP and explore implications of the ALP for welfare and dual …
Persistent link: https://www.econbiz.de/10011924645
Cover Image
What is a foreign firm? : implications for productivity spillovers
MacGaughey, Sara L.; Raimondos-Møller, Pascalis; … - 2018
When searching for productivity spillovers from foreign firms, a firm is typically classified as foreign using a low threshold of direct foreign ownership. Instead, we advocate an "ultimate owner" definition because (i) ultimate ownership includes indirect ownership links that are prevalent in...
Persistent link: https://www.econbiz.de/10011864500
Cover Image
What is a foreign firm? : implications for productivity spillovers
MacGaughey, Sara L.; Raimondos-Møller, Pascalis; … - 2018
Persistent link: https://www.econbiz.de/10011934032