Foreign acquisition and internal organization

doi:10.1016/j.jinteco.2018.06.003

Utilize este identificador para referenciar este registo: https://hdl.handle.net/1822/65683

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Campo DC	Valor	Idioma
dc.contributor.author	Bastos, Paulo	por
dc.contributor.author	Monteiro, Natália P.	por
dc.contributor.author	Straume, Odd Rune	por
dc.date.accessioned	2020-06-18T18:16:01Z	-
dc.date.available	2020-09-01T06:00:17Z	-
dc.date.issued	2018-09-01	-
dc.identifier.citation	Bastos, P., Monteiro, N. P., & Straume, O. R. (2018, September). Foreign acquisition and internal organization. Journal of International Economics. Elsevier BV. http://doi.org/10.1016/j.jinteco.2018.06.003	-
dc.identifier.issn	0022-1996	por
dc.identifier.uri	https://hdl.handle.net/1822/65683	-
dc.description.abstract	We study the effect of foreign takeovers on firm organization. Using a comprehensive data set of Portuguese firms and workers spanning two decades, we find that foreign acquisitions lead to: (1) an expansion in the scale of operations; (2) a higher number of hierarchical layers; and (3) higher wage inequality between the top and bottom layers. These results accord with a theory of knowledge-based hierarchies in which foreign takeovers lead to improved productivity, higher demand, or reduced internal communication costs, and thereby induce the acquired firms to reorganize. Evidence from auxiliary survey data reveals that acquired firms are more likely to use information technologies that reduce internal communication costs. (C) 2018 Published by Elsevier B.V.	por
dc.description.sponsorship	We are grateful to two anonymous referees for detailed comments and suggestions that greatly improved the paper. We also thank participants at several seminars and conferences for useful comments and suggestions, and we thank Ministerio do Trabalho, Solidariedade e Seguranca Social and Institute Nacional de Estatistica for allowing access to data from Quadros de Pessoal and Inquerito Utilizacao de Tecnologias da Informacao e da Comunicação nas Empresas. This work was carried out within the funding with COMPETE reference number POCI-01-0145-FEDER-006683, with the FCT/MEC's (Fundação para a Ciência e a Tecnologia, I.P.) financial support through national funding and by the ERDF through the Operational Programme on Competitiveness and Internationalization COMPETE 2020 under the PT2020 Partnership Agreement. Research for this paper was also supported in part by the World Bank's Multidonor Trust Fund for Trade and Development and through the Strategic Research Program on Economic Development. The views expressed herein are those of the authors only and not those of the World Bank. We remain responsible for any errors.	por
dc.language.iso	eng	por
dc.publisher	Elsevier Science BV	por
dc.rights	openAccess	por
dc.subject	Foreign direct investment	por
dc.subject	Internal organization	por
dc.subject	Wage inequality	por
dc.subject	Information technologies	por
dc.title	Foreign acquisition and internal organization	por
dc.type	article	-
dc.peerreviewed	yes	por
oaire.citationStartPage	143	por
oaire.citationEndPage	163	por
oaire.citationVolume	114	por
dc.date.updated	2020-06-18T16:27:16Z	-
dc.identifier.doi	10.1016/j.jinteco.2018.06.003	por
dc.subject.wos	Social Sciences	-
sdum.export.identifier	5594	-
sdum.journal	Journal of International Economics	por
oaire.version	AM	por
Aparece nas coleções:	NIPE - Artigos em Revistas de Circulação Internacional com Arbitragem Científica

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