Does foreign ownership enhance or decrease a firm's chances of survival? Over the 100 year period 1895-2005 this paper compares the survival of foreign subsidiaries in Denmark to a control sample of domestically owned companies matched by industry and firm size. We find evidence of a significant...

Does foreign ownership enhance or decrease a firm’s chances of survival? Over the 100 year period 1895-2001 this paper compares the survival of foreign subsidiaries in Denmark to a control sample matched by industry and firm size. We find that foreign-owned companies have higher survival...

It can be argued that the competitiveness of an industry consists of two main parts: The production conditions and the utilization of these. The production conditions are largely determined by factors exogenous to the firms comprising the industry, including the economic environment, regulatory...