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The present paper argues that the effect of corruption on foreign ownership is not necessarily linear and depends on the level of host corruption. So long as the expected returns from foreign investments exceed its expected costs, higher host corruption will be associated with higher foreign...
Persistent link: https://www.econbiz.de/10010195528
This paper combines, explains and summarizes recent findings from the empirical literature focusing on the FDI's effect … focused on Enlarged Europe. The results show that there exists a positive indirect impact of FDI on productivity and … ultimately on economic growth in EU, but it is limited in magnitude. Moreover, the effect of FDI on growth is stronger for New EU …
Persistent link: https://www.econbiz.de/10010339576
panel data set, we exploit the regional variation of the German business income taxation to address these issues. Our …
Persistent link: https://www.econbiz.de/10009568590
We investigate how bonus payments affect satisfaction and performance of managers in a large, multinational company. We find that falling behind a naturally occurring reference point for bonus comparisons reduces satisfaction and subsequent performance. The effects tend to be mitigated if...
Persistent link: https://www.econbiz.de/10003941775
This paper documents the relationship between foreign ownership and firm survival for enterprises in Germany using … providing the first evidence on the role of foreign ownership for firm survival in Germany, one of the most important … for foreign owned firms in West Germany but not in East Germany. -- foreign ownership ; firm survival ; Germany …
Persistent link: https://www.econbiz.de/10009523502
Comparing domestic- and foreign-owned firms in Germany, this paper finds that foreign-owned firms are more likely to … focus on short-term profit. This influence is particularly strong if the local managers of the German subsidiary are not … sent from the foreign parent company. Moreover, the physical distance between the foreign parent company and its German …
Persistent link: https://www.econbiz.de/10010354622
Using a unique dataset on worldwide multinational corporations with precise location of headquarters and affiliates, I present evidence of a trade-off between distance to the headquarters and the knowledge intensity of the foreign subsidiary's economic activity, emerging from dynamics related to...
Persistent link: https://www.econbiz.de/10011891832
From a theoretical viewpoint the relationship between foreign ownership and unionization is ambiguous. On the one hand, foreign owners have better opportunities to undermine workers' unionization. On the other hand, workers of foreign-owned firms have an increased demand for the protection...
Persistent link: https://www.econbiz.de/10011762256
data which approximately covers the universe of R&D-active plants in Germany, we exploit around 7,300 changes in the …
Persistent link: https://www.econbiz.de/10012697801
changes. By observing planned and realized investment volumes in a representative sample of German manufacturing firms, we can …
Persistent link: https://www.econbiz.de/10014249936