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The objective of the paper is to evaluate the relationship between different levels of capital participation stakes (evolving entry modes) for subsidiary performance. This is possible using a unique longitudinal panel for Turkey’s largest firms (top 1000) that gives access to observe changes...

Foreign subsidiary performance and market efficiency effects are estimated and confronted in this paper using a rich firm-level panel for Polish manufacturing. Besides estimating total factor productivity, other performance measures are calculated and contrasted such as labor productivity,...