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drain of R&D activity in Swedish MNEs. Rather, this paper finds robust evidence that foreign acquisitions lead to increasing … R&D intensity in acquired domestic MNEs and non-MNEs. -- domestic multinationals ; foreign acquisitions ; R&D …
Persistent link: https://www.econbiz.de/10009153574
international taxation - on cross-border mergers and acquisitions (M&A) involving large multinational enterprises (MNEs). First, the …
Persistent link: https://www.econbiz.de/10014279899
We develop a theory of a firm in an environment with incomplete contracts. The firm's headquarter decides on the complexity, the organization, and the global scale of its production process. Specifically, it decides: i) on the mass of symmetric intermediate inputs that are part of the value...
Persistent link: https://www.econbiz.de/10009300131
non-MNEs, and purely domestic firms before foreign takeover. The results, controlling for possible endogeneity of the … horizontal or vertical. We also find robust positive employment growth effects only for exporters, and only if the takeover is … vertical, not horizontal. -- Acquisitions ; plant survival ; employment growth ; multinational enterprises …
Persistent link: https://www.econbiz.de/10003860906
We analyze an oligopolistic market where a domestic and a foreign firm are engaged in a takeover battle for a domestic … of government. With an unbiased competition agency we find that the foreign takeover is more likely to occur the higher …
Persistent link: https://www.econbiz.de/10003597575
-employee panel data containing 4,926 foreign acquisitions in Hungary. Matching on pre-acquisition data and controlling for fixed … for 983 foreign acquisitions later divested to domestic owners. We find positive effects for all worker types, occupations … strong cross-firm association of FDI wage premia with similar differentials in productivity. -- foreign acquisitions ; FDI …
Persistent link: https://www.econbiz.de/10009681343
control for unobserved worker differences, we examine both foreign acquisitions and divestments and worker mobility, including … acquisitions. On the other hand, movers from foreign to domestic firms take larger wage cuts than movers from domestic to foreign …
Persistent link: https://www.econbiz.de/10003724136
factors which have led the notable international presence of Chinese firms. To contribute to this effort, we use data from the …
Persistent link: https://www.econbiz.de/10011502580