期刊名称：European Journal of Interdisciplinary Studies
电子版ISSN：2067-3795
出版年度：2018
卷号：10
期号：1-6
页码：1-14
出版社：Academy of Economic Studies (ASE)
摘要：Our paper addresses the activity of the foreign-capital controlled companies versus domestic companies in
Romania, in order to highlight the differences in performance between the two categories of firms, given the
increased importance of foreign-owned companies in the Romanian economy in recent years. The research
and analysis are based on data available from Eurostat FATS - Foreign Affiliates Statistics. The
comparative analysis of performance between foreign-owned and Romanian-owned companies is carried
out for the period 2008-2014 on two levels: (i) The total performance of foreign-owned and Romanian- owned companies; (ii) The determination of the “average”-sized foreign-owned and Romanian-owned
company attributes. Our main findings show that foreign-owned companies generate higher cash flows that
are essential for business development, backed up by a higher value of production, higher turnover and
higher gross operating profits, despite a higher number of employees and higher personnel costs compared
to Romanian-owned companies. At the same time, Romanian-owned companies claim higher profitability
ratios due to their reduced dimensions.
关键词：performance; foreign;owned companies; Romanian;owned companies;
foreign direct investment;
