Foreign and multinational ownership impact on firm exit: A sectoral analysis

被引：4
|
作者：
Silva, Pedro [1 ]
Moreira, Antonio Carrizo [2 ]
机构：
[1] Univ Coimbra, Fac Econ, CeBER, Ave Dias Silva 165, P-3004512 Coimbra, Portugal
[2] Univ Aveiro, DEGEIT, GOVCOPP, Aveiro, Portugal
来源：
MANAGERIAL AND DECISION ECONOMICS | 2021年 / 42卷 / 06期
关键词：
ENTRY MODE; SURVIVAL; GROWTH; ENTERPRISES; INVESTMENT; LIABILITY; PATTERNS; DURATION; CRISIS; VIEW;
D O I：
10.1002/mde.3326
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This article examines the impact of foreign and multinational ownership on firm exit using a sample of Portuguese firms for the period 2007-2016, with Kaplan-Meier survival functions and a Cox proportional hazard model. The results show that purely domestic firms endure worse survival prospects than multinationals, but this is more related to firm-level variables and not because of the effects of foreignness or multinational ownership. The disaggregated results at a sectoral level provide support for the contingent role of foreignness in very specific sectors of the Portuguese economy.
引用
收藏
页码：1550 / 1563
页数：14
相关论文
共 50 条
  • [1] The impact of foreign firm ownership on local renewal activities
    Henning, Martin
    Yakob, Ramsin
    [J]. MULTINATIONAL BUSINESS REVIEW, 2022, 30 (03) : 434 - 452
  • [2] The Impact of Foreign Ownership and Management on Firm Performance in Vietnam
    Thi Xuan Hong Nguyen
    Thu Huyen Pham
    Thi Nhung Dao
    Thi Nga Nguyen
    Thi Kim Ngoc Tran
    [J]. JOURNAL OF ASIAN FINANCE ECONOMICS AND BUSINESS, 2020, 7 (09): : 409 - 418
  • [3] Sectoral patterns of firm exit in Italian provinces
    Carree, Martin A.
    Verheul, Ingrid
    Santarelli, Enrico
    [J]. JOURNAL OF EVOLUTIONARY ECONOMICS, 2011, 21 (03) : 499 - 517
  • [4] Sectoral patterns of firm exit in Italian provinces
    Martin A. Carree
    Ingrid Verheul
    Enrico Santarelli
    [J]. Journal of Evolutionary Economics, 2011, 21 : 499 - 517
  • [5] OWNERSHIP STRUCTURE AND FIRM EXIT ROUTES
    Peljhan, Darja
    Kejzar, Katja Zajc
    Ponikvar, Nina
    [J]. APPLIED ECONOMICS, 2020, 52 (15) : 1671 - 1686
  • [6] The Impact of Government, Foreign and Institutional Ownership and Firm Performance on Audit Quality Using Regression Analysis
    Al-Matari, Ebrahim Mohammed
    Al-Hebry, Adeeb Abdulwahab
    [J]. INDUSTRIAL ENGINEERING AND MANAGEMENT SYSTEMS, 2019, 18 (03): : 395 - 406
  • [7] Control versus firm value: The impact of restrictions on foreign share ownership
    Lam, SS
    [J]. FINANCIAL MANAGEMENT, 1997, 26 (01) : 48 - +
  • [8] Voice, exit . . . arbitrage: the politics of the modern multinational firm
    Palan, Ronen
    [J]. EUROPEAN JOURNAL OF INTERNATIONAL RELATIONS, 2024,
  • [9] Foreign ownership and firm scope in India
    Majumdar, Sumit K.
    Datta, Deepak K.
    [J]. EUROPEAN JOURNAL OF LAW AND ECONOMICS, 2009, 27 (01) : 39 - 52
  • [10] Service firm performance and foreign ownership
    Choi, Jieun
    [J]. INDUSTRIAL AND CORPORATE CHANGE, 2020, 29 (05) : 1119 - 1143
12345