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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...
Persistent link: https://www.econbiz.de/10010720391
Foreign direct investment is an important factor for ensuring the sustainable economic development of any State … More so, during periods of economic-financial crisis, attracting foreign direct investment, constitutes a veritable engine aims to ensure national macroeconomic system balancing....
Persistent link: https://www.econbiz.de/10010782072