The largest multinational and transnational corporations are key actors in the world economy. Their number has significantly increased in the last decades both in the developed and the developing countries. Consequently, they are more dispersed globally than in the past. As the world’s largest...

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 largest multinational and transnational corporations are key actors in the world economy. Their number has significantly increased in the last decades both in the developed and the developing countries. Consequently, they are more dispersed globally than in the past. As the world’s largest...