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This study analyzes factors affecting the efficiency (profitability) of enterprises in foreign, joint and domestic … positively affect profitability, whereas the share of borrowed capital, share of fixed assets and rising interest rates exert … borrowed capital exceeds 50%, internal financial factors emerge as a particularly prominent predictor of profitability. …
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Austrian foreign direct investment (FDI) increased quickly since 1992. The profitability of these investments did … investment is the main determinate of profitability. Interestingly, there are strong differences between Greenfield investments …
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This paper compares the performance of purely domestic plants, domestic exporters and domestic multinationals. For our empirical analysis we utilise a non-parametric approach based on the principle of first order stochastic dominance. We find that the distributions for multinationals dominate...
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