This paper provides a microeconometric analysis of the distinctive characteristics of springboard subsidiaries that have a positive impact on the subsidiaries' performance. Based on panel data estimations for subsidiaries of European multinational companies with a presence in Spain, the authors...

Research on FDI mostly take the perspective of the headquarters of the multinational companies (Frost, Birkinshaw & Ensign, 2002), while this research will study from the perspective of their subsidiaries. Specifically, the purpose of this research is to investigate the effect of strategic...

The paper explores the business sector and firm age effects on firm performance mediated by foreign ownership levels in domestic firms and financial leverage by examining 146 Medium Enterprises (MEs). The results show that except for ownership, the business sector, firm age, foreign ownership...