Showing 1 - 10 of 960,835
This paper studies why multinational firms often share ownership of a foreign affiliate with a local partner even in … the absence of government restrictions on ownership. We show that shared ownership may arise, if (i) the partner owns …. In this context shared ownership acts as a screening device. Our model predicts that the multinational's ownership share …
Persistent link: https://www.econbiz.de/10010260614
This paper studies why multinational firms often share ownership of a foreign affiliate with a local partner even in … the absence of government restrictions on ownership. We show that shared ownership may arise, if (i) the partner owns …. In this context shared ownership acts as a screening device. Our model predicts that the multinational's ownership share …
Persistent link: https://www.econbiz.de/10003726051
Persistent link: https://www.econbiz.de/10003897353
This paper studies why multinational firms often share ownership of a foreign affiliate with a local partner even in … the absence of government restrictions on ownership. We show that shared ownership may arise, if (i) the partner owns …. In this context shared ownership acts as a screening device. Our model predicts that the multinational’s ownership share …
Persistent link: https://www.econbiz.de/10003493632
how firm-specific characteristics affect each decision. We find that total factor productivity is a significant …
Persistent link: https://www.econbiz.de/10010296286
how firm-specific characteristics affect each decision. We find that total factor productivity is a significant …
Persistent link: https://www.econbiz.de/10013317273
This paper studies why multinational firms often share ownership of a foreign affiliate with a local partner even in … the absence of government restrictions on ownership. We show that shared ownership may arise, if (i) the partner owns …. In this context shared ownership acts as a screening device. Our model predicts that the multinational?s ownership share …
Persistent link: https://www.econbiz.de/10005082930
We develop a model in which multinational investors decide about the modes of organization, the locations of production, and the markets to be served. Foreign investments are driven by market-seeking and cost-reducing motives. We further assume that investors face costs of control that vary...
Persistent link: https://www.econbiz.de/10010366525
the firm’s level of financial data on the entry mode decisions of investors and their ownership structure in Turkey from … to choose the full-ownership mode over others. On the other hand, a higher rate of return on equity increases the … probability of investors choosing the shared-ownership mode. …
Persistent link: https://www.econbiz.de/10011598082
The present paper argues that the effect of corruption on foreign ownership is not necessarily linear and depends on … host corruption will be associated with higher foreign ownership. However, costs may exceed or exactly compensate the … significantly higher foreign ownership unless corruption is at its fourth quartile value. (ii) There is also some confirmation that …
Persistent link: https://www.econbiz.de/10010195528