TY - UNPB
T1 - Foreign ownership and performance in sub-Saharan African manufacturing and services
AU - Foster-McGregor, Neil
AU - Isaksson, Anders
AU - Kaulich, Florian
PY - 2013
Y1 - 2013
N2 - This paper tests for differences in performance between foreign- and domestically-owned firms in a sample of manufacturing and services firms from 19 sub-Saharan African countries. Results indicate that foreign-owned firms perform significantly better than domestically-owned ones in sub-Saharan Africa across several performance measures, with the foreign-ownership premia being higher for services firms. The results further indicate that firms owned by a TNC perform better than those owned by individual foreign entrepreneurs, though there is little evidence of differences in performance between joint ventures and wholly owned foreign enterprises.
AB - This paper tests for differences in performance between foreign- and domestically-owned firms in a sample of manufacturing and services firms from 19 sub-Saharan African countries. Results indicate that foreign-owned firms perform significantly better than domestically-owned ones in sub-Saharan Africa across several performance measures, with the foreign-ownership premia being higher for services firms. The results further indicate that firms owned by a TNC perform better than those owned by individual foreign entrepreneurs, though there is little evidence of differences in performance between joint ventures and wholly owned foreign enterprises.
UR - https://www.unido.org/fileadmin/user_media_upgrade/What_we_do/Topics/Business__investment_and_technology_services/Foreign_ownership_and_firm-level__performance_final_AI.pdf
M3 - Working Paper/Preprint
T3 - BIT Working Paper
BT - Foreign ownership and performance in sub-Saharan African manufacturing and services
ER -