Foreign ownership and corporate performance: the Czech Republic at EU entry

0339599 - NHÚ 2010 RIV CZ eng J - Journal Article
Jurajda, Štěpán - Stančík, J.
Foreign ownership and corporate performance: the Czech Republic at EU entry.
CERGE-EI Working Paper Series. -, č. 389 (2009), s. 1-29. ISSN 1211-3298
R&D Projects: GA MŠMT LC542
Institutional research plan: CEZ:AV0Z70850503
Keywords : productivity * foreign ownership * foreign direct investment
Subject RIV: AH - Economics
http://www.cerge-ei.cz/pdf/wp/Wp389.pdf

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 based on 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 remain domestically owned until 2005.
Permanent Link: http://hdl.handle.net/11104/0183076