Foreign subsidiary performance and market efficiency effects are estimated and confronted in this paper using a rich … reduced market efficiency within the period of study and across the industries and entry modes investigated on average …. Controlling for competition (which is found to have a negative effect on efficiency) the paper documents significant intra …

concerning value, liquidity, efficiency and fairness aspects that affect the market for corporate assets within and across …

investment (FDI), whereas the effects on e.g. investment and employment are small or insignificant. In other areas, such as … of FDI, the zones policy has not managed to overcome the legacy of backwardness or lagging regions. The main policy …