Multinational ownership and subsidiary investment
This paper examines how foreign ownership affects the investment decisions of subsidiary firms using a new dataset of listed-parent - listed-subsidiary pairs. We find that improvements in the investment opportunities of parent firms have a negative effect on the investment of their subsidiaries, af...
| Váldodahkkit: | , |
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| Materiálatiipa: | Working paper |
| Almmustuhtton: |
University of Oxford
2008
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