Inventory investment is one part of a decision nexus addressed by the firm including physical investment, finance, and trade credit. The analysis presented in this paper makes this explicit, drawing on portfolio theory to model balance sheet items. The model is tested for samples of U.K.-quoted...

? This study analyzes the production efficiency gains in terms of technology transfer and labour productivity changes caused by diverse degrees of foreign ownership using a sample of 4,056 manufacturing firms operating in Greece in 1997. Departures from normality of labour productivity and its...