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This study examines how environmental stringency affects the location decision of foreign direct investments. We analyze a firm-level data set on German outbound FDI and innovate on previous studies by controlling for the mode of entry and applying the mixed-logit analysis. The results show that...
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In this study, we estimate the impacts of differences in international tax rates on the probability of choosing a location for an affiliate of a multinational firm. In particular, we distinguish between the tax sensitivity of Greenfield and M&A investments. Based on a novel firm-level dataset on...
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This paper analyzes the impact of countries' tax attractiveness on the allocation of risk within multinational groups. Our dataset contains subsidiaries located in 32 European countries and owned by parents from 90 different countries globally. We show that tax symmetry positively influences the...
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This paper analyzes the impact of taxation on the location of patents within multinational groups. Based on groups with parents from 36 countries globally and their patent holdings in 36 European countries, we provide insight into the determinants of three subsequent decisions: (1) the decision...
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Auf Basis eines einzigartigen Datensatzes, der alle tschechischen Unternehmen umfasst, die im Jahr 2010 einen deutschen … Investoren neben der geringen Distanz zum Standort des deutschen Mutterunternehmens insbesondere Agglomerationseffekte … ausschlaggebend sind. Neben Lokalisationseffekten spielt die Agglomeration von deutschen Unternehmen in einer Region eine …
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