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Foreign ownership and long-term survival

Thomsen, Steen - ; Kronborg, Dorte - ;

We study the relative survival of foreign- and domestically owned companies in Denmark over more than a century (1895-2005). Contrary to previous studies that have emphasized the liability of foreignness, we find evidence of a significant survival premium for foreign-owned companies; however, the premium declines over time and disappears entirely in the last decade leading up to 2005. Further evidence indicates that the foreign survival premium is negatively influenced by new foreign entry, and that the long-run decline is caused by increasing competition between foreign subsidiaries. .Printed journal


Ketersediaan

Call NumberLocationAvailable
PSB lt.dasar - Pascasarjana1
Penerbit: John Wiley & Sons
Edisi-
SubjekStrategic management
Competition
Foreign subsidiaries
studies
ISBN/ISSN1432095
Klasifikasi-
Deskripsi Fisik-
Info Detail Spesifik-
Other Version/RelatedTidak tersedia versi lain
Lampiran BerkasTidak Ada Data

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