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The Homeland Investment Act provided a tax holiday for the repatriation of foreign earnings. Advocates argued the Act … shows that repatriations did not increase domestic investment, employment or Ramp;Dmdash;even for firms that appeared to be …
Persistent link: https://www.econbiz.de/10003948309
A strong innovation performance based on R&D, product development and the implementation of advanced production technologies is key for the long-term competitiveness of European economies. This study investigates the effects of production offshoring on R&D and innovation activities of the firm...
Persistent link: https://www.econbiz.de/10011392629
ownership and capital demand adjustment in host countries. The author estimates a dynamic structural model of investment on a …
Persistent link: https://www.econbiz.de/10011290859
We investigate the effects of production offshoring on the innovation activities of manufacturing firms in the home country. The analysis is based on a dataset of more than 3000 manufacturing firms from seven European countries. We find that offshoring firms on average employ a higher share of...
Persistent link: https://www.econbiz.de/10010234572
taxes impair subsidiary-level investment efficiency. Consistent with internal agency conflicts between the central …-level investment efficiency while reducing the level of investment. Our paper provides timely empirical evidence to inform expectations …
Persistent link: https://www.econbiz.de/10011922836
restate bilateral investment positions to better reflect the true financial linkages connecting countries around the world. We … find that portfolio investment from developed countries to firms in large emerging markets is dramatically larger than … composition of external portfolio liabilities, the nature of foreign direct investment, and the growth of financial globalization …
Persistent link: https://www.econbiz.de/10012843191
We investigate how the lending activities of a multinational bank's affiliates located abroad are affected by funding difficulties in view of the financial crisis. For this, we consider transaction-induced changes in long-term lending to the private sector of 40 countries by the affiliates of...
Persistent link: https://www.econbiz.de/10012988818
foreign investors, China has recently allowed major increases in foreign investment in its domestic bond market. China …
Persistent link: https://www.econbiz.de/10013295962
with their issuer’s ultimate parent and restate bilateral investment positions to better reflect the financial linkages … connecting countries around the world. Portfolio investment from developed countries to firms in large emerging markets is … currency composition of external portfolio liabilities and the nature of foreign direct investment. Finally, we provide …
Persistent link: https://www.econbiz.de/10014351933
How does exposure to international markets affect returns and cash flow comovements? Foreign bond owners, lenders, affiliates, investors, customers, and suppliers all transmit country shocks to companies. Most multinationals have many of these exposures simultaneously within the same foreign...
Persistent link: https://www.econbiz.de/10014444427