Review paper

Foreign‐owned versus Domestically‐owned Firms: Economic Performance in Japan

Volume: 11, Issue: 1, Pages: 31 - 48
Published: Nov 15, 2006
Abstract
This paper utilizes micro‐panel data for firms located in Japan and examines differences in corporate performance between foreign‐owned and domestically‐owned firms in the 1990s. We find that foreign‐owned firms not only reflect superior static characteristics, but also achieve faster growth. Moreover, foreign investors appear to invest in firms that may not be immediately profitable, but those that are potentially the most profitable in the...
Paper Details
Title
Foreign‐owned versus Domestically‐owned Firms: Economic Performance in Japan
Published Date
Nov 15, 2006
Volume
11
Issue
1
Pages
31 - 48
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