期刊名称:European Journal of Economic and Political Studies
印刷版ISSN:1307-6000
电子版ISSN:1307-6035
出版年度:2011
期号:2
页码:127-139
语种:English
出版社:Fatih University
摘要:We analyze whether foreign-owned firms perform better financially than domestically-owned firms in manufacturing sector in Turkey. The impacts of several firm indicators like age, size, assets, R&D, expenses, and firm risks on the four corporate performance measures, ROE, TFP, BEP and ROA are investigated by a panel data model. We focus on effects of foreign ownership on firm performance. Although there is no much study on this issue in Turkey, contrary to the findings of former studies, our results reveal that there is no significant difference between the performances of foreign-owned and domestically-owned firms.