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This article investigates entry and exit in Slovenian manufacturing for the period 1994-2000 using OLS and panel data fixed and random-effects estimations. Private ownership is associated with higher rates of firm exit, suggesting that this ownership structure is related to a higher risk of...
Persistent link: https://www.econbiz.de/10005471805
In this paper we compare the role of internal finance on the growth of firms between a leading transition country, Slovenia and an established market economy, Belgium. We find that firms in Slovenia are more sensitive to internal financing constraints than their Belgian counterparts....
Persistent link: https://www.econbiz.de/10005684663
Purpose – This paper sets out to present the determinants of firm exit at the micro firm‐level of Slovenian manufacturing derived from the results of pooled and panel probit models. Design/methodology/approach – Empirical research is conducted on the basis of the Slovenian firm registry...
Persistent link: https://www.econbiz.de/10014824039
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Purpose – The purpose of this paper is to provide empirical evidence of international rent sharing in multinational enterprises. It looks at changes in rent sharing before and after the acquisition of a company by a foreign entity, and assesses the role of target and acquirer profitability in...
Persistent link: https://www.econbiz.de/10014784177
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This Paper uses a unique representative firm level data set to analyse the effect of domestic and international competitive pressure and ownership changes in three emerging economies, Bulgaria Poland and Romania. Our main findings can be summarized as follows: Domestic competitive pressure,...
Persistent link: https://www.econbiz.de/10005504242
In most transition countries the aggregate level evidence suggests that most industries are just destroying jobs, due to the legacy of communism where over-manning levels of employment were the norm. This Paper sheds light on whether the transition process in Slovenian manufacturing has been one...
Persistent link: https://www.econbiz.de/10005504536
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