PL EN


2014 | 10 | 2 | 88-93
Article title

The profitability of foreign and domestic enterprises in Poland

Content
Title variants
Languages of publication
EN
Abstracts
EN
The main purpose of this article is to compare the profitability of foreign and domestic enterprises in Poland. It is assumed that foreign enterprises achieve better financial results in host country than domestic enterprises because of i.e. higher innovativeness of foreign enterprises (as in technology and organizational sphere) and better capital use. The analysis was conducted among large foreign-controlled and domestic – controlled enterprises in Poland. The research results indicate that taking risk related to financing by foreign capital led the direct invested enterprises to achieve higher profitability rates what may contribute to better development of foreign companies in Poland.
Year
Volume
10
Issue
2
Pages
88-93
Physical description
Dates
published
2014-07-16
Contributors
References
  • Backley, N., 2009. "Why do foreign - owned firms perform better than New Zealand- owned firms", Treasury Report T2009/2747, 'The Treasury Kaitohutohu Kaupapa Rawa' http://www.treasury.govt.nz/publications/informationreleases/budget/2010/pdfs/b10-t2009-2747.pdf
  • Basti, E., Bayyurti, E., Akin, A., 2011. "A comparative performance analysis of foreign and domestic manufacturing companies in Turkey", European Journal of Economic and Political Studies, No.2, pp.134-135
  • Buckley, P. J., Casson, M.C., 1991. "The future of multinational enterprise", London, Macmillan
  • Chkir, I.E., Cosset, J.C., 2001. "Diversification strategy and capital structure of multinational corporations", Journal of Multinational Financial Management, No.11, pp.17-37,
  • http://dx.doi.org/10.1016/S1042-444X(00)00040-2
  • Dunning, J.H., 1977. "Trade, location of economic activity and the MNE: A search for an eclectic approach", in B. Ohlin et al. (eds.), The international allocation of economic activity, London, Macmillan
  • Emmanuel, C.R., Oyelere, P.B., 2002. "Differences in the reported performances of foreign - controlled and domestically controlled firms: Some U.K. evidence", Journal of International Accounting, Accounting & Taxation, No.11, pp.1-17
  • Hallaward-Driemeier, M., Iarossi G., Sokoloff K.L., 2002. "Exports and manufacturing productivity in East Asia: a Comparative Analysis with Firm - Level Data", NBER Working Paper, No.8894, pp.1-31
  • Hymer, S.H., 1960. "The international operations of national firms: A study of direct Foreign Investment", Cambridge, MA: MIT Press
  • Jasiniak, M., 2013. "Przedsiębiorstwa krajowe i zagraniczne w Polsce. Warunki i efekty działania", Wydawnictwo Uniwersytetu Łódzkiego
  • Kindleberger, C.P., 1969. "American business abroad", New Haven, CT: Yale University Press
  • Kiyoji, F., Ito, K., Ug Won, H., 2005. "Do out-in M&As Bring Higher TFP to Japan? An Empirical Analysis Based on Micro - Data on Japanese Manufacturing Firms", The Japanese and International Economics, No.19, pp.272-301
  • Knickerbroker, F.T., 1974. "Oligopolistic reaction and multinational enterprise", Cambridge, MA: Harvard Business School, Division of Research Notta, O., Vlachvei, A., 2008. "Foreign - owned versus domestically owned firms: Evidence from Greece", NewMedit, No.4, pp.17-18
  • OECD, 2008. Benchmark definition of Foreign Direct Investment, Fourth Edition, 'OECD', http://www.oecd.org/fr/daf/inv/statistiquesetanalysesdelinvestissement/fdibenchmarkdefinition.htm (30.04.2014)
  • Park, S.H., Suh, J., Yeung, B., 2013. "Do multinational and domestic corporations differ in their leverage policies?", Journal of Corporate Finance, No.20, pp.115 - 139, http://dx.doi.org/10.1016/j.jcorpfin.2012.08.001
  • Wang, Z., Mathur, I., 2011. "Return on capital analysis: U.S.-based multinational corporations versus U.S. domestic corporations", Journal of Multinational Financial Management, No.21, pp.191-207,
  • http://dx.doi.org/10.1016/j.mulfin.2011.04.003
Document Type
Publication order reference
YADDA identifier
bwmeta1.element.desklight-58a8eece-a5cf-4cfc-95c0-57e04fa012a0
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.