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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 … destination countries for foreign direct investments. Our micro-econometric analysis reveals a ceteris paribus higher risk of exit …
Persistent link: https://www.econbiz.de/10009523502
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 … foreign attempts to acquire domestic firms. …
Persistent link: https://www.econbiz.de/10003597575
We estimate the wage effects of foreign direct investment (FDI) with universal firm-level and linked employer …-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 …
Persistent link: https://www.econbiz.de/10009681343
How much do developing countries benefit from foreign investment? We contribute to this question by comparing the … employment and wage practices of foreign and domestic firms in Brazil, using detailed matched firm-worker panel data. In order to … control for unobserved worker differences, we examine both foreign acquisitions and divestments and worker mobility, including …
Persistent link: https://www.econbiz.de/10003724136
The stylized literature on foreign direct investment suggests that developing countries should invest in the human … capital of their labour force in order to attract foreign direct investment. However, if educational quality in developing …
Persistent link: https://www.econbiz.de/10009531948
non-MNEs, and purely domestic firms before foreign takeover. The results, controlling for possible endogeneity of the …This paper analyses the effect of foreign acquisition on survival probability and employment growth of target plant … acquisition dummy using an IV and propensity score matching approach suggest that acquisition by foreign owners increases the …
Persistent link: https://www.econbiz.de/10003860906
The aim of this paper is to evaluate the causal effect of foreign acquisition on R&D intensity in targeted domestic … that the change in ownership of domestic to foreign multinationals leads to a reduction in R&D activity in the country, as … acquisition dummy. Overall, our results give no support to the fears that foreign acquisition of domestic firms lead to a brain …
Persistent link: https://www.econbiz.de/10009153574
Persistent link: https://www.econbiz.de/10001760443
Persistent link: https://www.econbiz.de/10001800174
This study aims to quantify the impact of the global minimum corporate tax rate - a pillar of the OECD's reform of international taxation - on cross-border mergers and acquisitions (M&A) involving large multinational enterprises (MNEs). First, the influence of differences in capital taxation on...
Persistent link: https://www.econbiz.de/10014279899