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...

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...

The globalisation concept implied that a growing share of FDI is worldwide in scope and transition countries, in particular, should attract increasing percentage of FDI. However, this did not happen in reality. We argue that there is a regional concentration of FDI which can be seen from many...

The globalisation concept implied that a growing share of FDI is worldwide in scope and transition countries, in particular, should attract increasing percentage of FDI. However, this did not happen in reality. We argue that there is a regional concentration of FDI which can be seen from many...