Počet záznamů: 1
Foreign ownership and corporate performance: the Czech Republic at EU entry
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SYSNO ASEP 0386328 Druh ASEP J - Článek v odborném periodiku Zařazení RIV J - Článek v odborném periodiku Poddruh J Článek ve WOS Název Foreign ownership and corporate performance: the Czech Republic at EU entry Tvůrce(i) Jurajda, Štěpán (NHU-C) RID
Stančík, J. (CZ)Zdroj.dok. Finance a úvěr-Czech Journal of Economics and Finance. - : Univerzita Karlova v Praze - ISSN 0015-1920
Roč. 62, č. 4 (2012), s. 306-324Poč.str. 19 s. Jazyk dok. eng - angličtina Země vyd. CZ - Česká republika Klíč. slova productivity ; foreign ownership ; foreign direct investment Vědní obor RIV AH - Ekonomie CEP GA402/06/1293 GA ČR - Grantová agentura ČR Institucionální podpora NHU-C - PRVOUK-P23 UT WOS 000308068400001 Anotace Does foreign ownership improve corporate performance, or do foreign firms merely select more productive targets for takeover? Do workers benefit from foreign acquisitions? We answer these questions by comparing the before/after change in several performance indicators of Czech firms subject to foreign takeover after 1997, i.e., after the initial waves of privatization were completed, with the corresponding performance change of matched companies that remained domestically owned until 2005. We find that the impact of foreign investors on domestic acquisitions is significantly positive only in non-exporting manufacturing industries or those with low import penetration, while it is small in both services and manufacturing industries competing on international markets. Pracoviště Národohospodářský ústav - CERGE Kontakt Tomáš Pavela, pavela@cerge-ei.cz, Tel.: 224 005 122 Rok sběru 2013
Počet záznamů: 1