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Organization of multinational activities and ownership structure
Mugele, Christian; Schnitzer, Monika - 2006
distance may have a non-monotonous effect on the likelihood of horizontal investments, and (iii) that globalization, if … assume that investors face costs of control that vary among sectors and increase in distance. The results show that (i … understood as reducing distance, leads to more integration. …
Persistent link: https://www.econbiz.de/10003368141
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Organization of Multinational Activities and Ownership Structure
Mugele, Christian; Schnitzer, Monika - 2006
distance may have a non-monotonous effect on the likelihood of horizontal investments, and (iii) that globalization, if … assume that investors face costs of control that vary among sectors and increase in distance. The results show that (i … understood as reducing distance, leads to more integration. …
Persistent link: https://www.econbiz.de/10010427459
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Organization of Multinational Activities and Ownership Structure
Mugele, Christian; Schnitzer, Monika - 2006
distance may have a non-monotonous effect on the likelihood of horizontal investments, and (iii) that globalization, if … assume that investors face costs of control that vary among sectors and increase in distance. The results show that (i … understood as reducing distance, leads to more integration. …
Persistent link: https://www.econbiz.de/10010333931
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Organization of Multinational Activities and Ownership Structure
Mugele, Christian; Schnitzer, Monika - Volkswirtschaftliche Fakultät, … - 2006
distance may have a non-monotonous effect on the likelihood of horizontal investments, and (iii) that globalization, if … assume that investors face costs of control that vary among sectors and increase in distance. The results show that (i … understood as reducing distance, leads to more integration. …
Persistent link: https://www.econbiz.de/10005739686
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Organization of Multinational Activities and Ownership Structure
Mugele, Christian; Schnitzer, Monika - Volkswirtschaftliche Fakultät, … - 2006
distance may have a non-monotonous effect on the likelihood of horizontal investments, and (iii) that globalization, if … assume that investors face costs of control that vary among sectors and increase in distance. The results show that (i … understood as reducing distance, leads to more integration. …
Persistent link: https://www.econbiz.de/10005187323
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Corruption, networking and foreign ownership : recent evidence from CEE countries
Pal, Sarmistha - 2013
ownership in EU/OECD host countries and also when the home-host relative corruption distance is small. …
Persistent link: https://www.econbiz.de/10010195528
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Ownership and Control in Multinational Joint Ventures
Bautista-Mena, Rafael J. - 2011
In international joint ventures, where one of the partners is a multinational enterprise (MNE) and the other is a local firm that possesses some significant advantage in its market, there are sometimes issues of control (who is in charge of what) that may be reflected in the financial structure...
Persistent link: https://www.econbiz.de/10013118925
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Optimal ownership and firm performance : an analysis of China's FDI liberalization
Eppinger, Peter S.; Ma, Hong - 2023
-rights theory of the multinational firm rationalizes these effects and their heterogeneity. …
Persistent link: https://www.econbiz.de/10014312548
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Whole versus shared ownership of foreign affiliates
Raff, Horst (contributor); Ryan, Michael (contributor);  … - 2008
This paper studies why multinational firms often share ownership of a foreign affiliate with a local partner even in the absence of government restrictions on ownership. We show that shared ownership may arise, if (i) the partner owns assets that are potentially important for the investment...
Persistent link: https://www.econbiz.de/10003726051
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Contracting Institutions and Ownership Structure in International Joint Ventures
Van Assche, Ari - 2013
This paper examines the role of contracting institutions on a multinational firm's optimal ownership strategy. We develop a model in which both a multinational firm and its local joint venture partner can ex post engage in costly rent-seeking actions to increase their ex ante agreed upon revenue...
Persistent link: https://www.econbiz.de/10013086822