Dill, Verena; Jirjahn, Uwe; Smith, Stephen C. - Fach Volkswirtschaftslehre, Universität Trier - 2013
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...
