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Foreign ownership and corporate performance: the Czech Republic at EU entry
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SYSNO ASEP 0339599 Document Type J - Journal Article R&D Document Type Journal Article Subsidiary J Ostatní články Title Foreign ownership and corporate performance: the Czech Republic at EU entry Author(s) Jurajda, Štěpán (NHU-N) RID
Stančík, J. (CZ)Source Title CERGE-EI Working Paper Series - ISSN 1211-3298
-, č. 389 (2009), s. 1-29Number of pages 29 s. Publication form www - www Language eng - English Country CZ - Czech Republic Keywords productivity ; foreign ownership ; foreign direct investment Subject RIV AH - Economics R&D Projects LC542 GA MŠMT - Ministry of Education, Youth and Sports (MEYS) CEZ AV0Z70850503 - NHU-N (2005-2011) Annotation 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. Workplace Economics Institute Contact Tomáš Pavela, pavela@cerge-ei.cz, Tel.: 224 005 122 Year of Publishing 2010
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