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

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11640%2F12%3A00386328" target="_blank" >RIV/00216208:11640/12:00386328 - isvavai.cz</a>

Alternative codes found

RIV/67985998:_____/12:00380169

Result on the web

—

DOI - Digital Object Identifier

—

Result language

angličtina

Original language name

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

Original language description

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 thatthe 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.

Czech name

—

Czech description

—

Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AH - Economics

OECD FORD branch

—

Project

<a href="/en/project/GA402%2F06%2F1293" target="_blank" >GA402/06/1293: Performance, efficiency and behavior of the Czech firms from transition to the EU integration: Theoretical foundations and empirical evaluation</a><br>

Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2012

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Finance a úvěr-Czech Journal of Economics and Finance

ISSN

0015-1920

e-ISSN

—

Volume of the periodical

62

Issue of the periodical within the volume

4

Country of publishing house

CZ - CZECH REPUBLIC

Number of pages

19

Pages from-to

306-324

UT code for WoS article

000308068400001

EID of the result in the Scopus database

—