TY - JOUR

T1 - Foreign Ownership and Firm Survival

T2 - First evidence for enterprises in Germany

AU - Wagner, Joachim

AU - Weche Gelübcke, John Philipp

PY - 2013/3/1

Y1 - 2013/3/1

N2 - This paper documents the relationship between foreign ownership and firm survival for enterprises in Germany using unique tailor-made new representative data that merge information from surveys performed by the Statistical Offices, from administrative data collected by the Tax Authorities and from a commercial data provider. It contributes to the literature by providing the first evidence on the role of foreign ownership for the survival of enterprises in Germany, one of the most important destination countries for foreign direct investments. Our micro-econometric analysis reveals a ceteris paribus higher risk of exit for foreign-owned firms.

AB - This paper documents the relationship between foreign ownership and firm survival for enterprises in Germany using unique tailor-made new representative data that merge information from surveys performed by the Statistical Offices, from administrative data collected by the Tax Authorities and from a commercial data provider. It contributes to the literature by providing the first evidence on the role of foreign ownership for the survival of enterprises in Germany, one of the most important destination countries for foreign direct investments. Our micro-econometric analysis reveals a ceteris paribus higher risk of exit for foreign-owned firms.

KW - Economics

KW - Firm Survival

KW - Foreign Ownership

KW - Germany

UR - http://www.scopus.com/inward/record.url?scp=84879224206&partnerID=8YFLogxK

U2 - 10.1016/S2110-7017(13)60060-8

DO - 10.1016/S2110-7017(13)60060-8

M3 - Journal articles

VL - 132

SP - 117

EP - 139

JO - International Economics

JF - International Economics

SN - 1777-5582

IS - 4

ER -