Governance and Enterprise Restructuring: The Case of Macedonia

Apostolov, Mico

doi:10.1007/s11300-011-0203-5

Cited by 5 publications

(1 citation statement)

References 34 publications

(24 reference statements)

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“…Finally, comparisons between groups of firms raise numerous important methodological issues. The incentives for foreign direct investment in Macedonia differ to other European countries, as all of them impose different strategies on the international capital market, trying to induce productivity spillovers (Bellak, Leibrecht, and Damijan, 2009;Apostolov, 2014;Damijan, Kostevc and Rojec, 2015;Apostolov, 2016).…”

Section: Foreign-versus Domestic-owned Firms In the Predicament 'Cui mentioning

confidence: 99%

Foreign-Versus Domestic-Owned firms in the Predicament ‘Cui bono?’

Apostolov

Scagnelli

2019

Business Systems Research Journal

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Background: This article examines the productivity of domestic firms in the case of the foreign ownership. Objectives: Foreign direct investments affect the competitive competences of domestic firms; thus, the objective is to see the way foreign ownership drives the growth of domestic firms. Methods/Approach: The study uses standard models to analyse productivity; they are applied to data sets of Macedonia, a Southeast European economy, and it is concluded that foreign ownership has a major role in domestic firms' restructuring processes increasing their productivity. Results: Surely, the results support the principal notion that the augmented presence of foreign firms is to influence the restructuring and business activity of domestic companies positively. Conclusions: Our analysis verifies that foreign ownership has influenced the overall economy and particularly domestic-owned firms with the constant increase in employment and especially direct export.

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Section: Foreign-versus Domestic-owned Firms In the Predicament 'Cui mentioning

confidence: 99%

Foreign-Versus Domestic-Owned firms in the Predicament ‘Cui bono?’

Apostolov

Scagnelli

2019

Business Systems Research Journal

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Effects of foreign direct investments. Evidence from Southeast Europe

Apostolov

2016

Cuadernos de Economía

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JEL CLASSIFICATIOND01Abstract The purpose and research objective of this study is probing effects of foreign direct investments in Southeast Europe economies. For this purpose six countries have been chosen and a sample has been drawn for: Albania, Bosnia and Herzegovina, Croatia, Macedonia, Serbia and Slovenia.In order to conduct this analysis we use Enterprise Surveys available by the World Bank which are done using firm-level data of a representative sample of economy's private sectors. The conception of this analysis is examining the effects of how foreign direct investments contribute to the development of domestic firms and the overall economy. In general, foreign direct investment is defined as dominant or controlling ownership of a company in one country, by an entity based in another country. As of the beginning of the transition process, foreign direct investments remain priority, as essential pillar, that moves forward the society toward developed market economy.The data used in this article are analyzed with an econometric model, which as employed in this study examines the interrelationships between output and set of variables that influence FDI patterns. Further, we are interested in the way foreign direct investments shape the economy. © 2015 Asociación Cuadernos de Economía. Published by Elsevier España, S.L.U. All rights reserved. CÓDIGOS JELD01; F21; G11; G31; L33; O11; P31 Efectos de las inversiones extranjeras directas. Evidencia del sudeste europeoResumen El propósito y el objetivo de la investigación del presente estudio son la indagación de los efectos de las inversiones extranjeras directas en las economías del sudeste europeo. A tal fin, se han elegido 6 países, recogiéndose una muestra para Albania, Bosnia-Herzegovina, Croacia, Macedonia, Serbia y Eslovenia.A fin de realizar este análisis, utilizamos encuestas empresariales procedentes del Banco Mundial, preparadas a partir de la información empresarial de una muestra representativa

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Cobb–Douglas production function on FDI in Southeast Europe

Apostolov

2016

Economic Structures

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Governance and Enterprise Restructuring: The Case of Macedonia

Cited by 5 publications

References 34 publications

Foreign-Versus Domestic-Owned firms in the Predicament ‘Cui bono?’

Foreign-Versus Domestic-Owned firms in the Predicament ‘Cui bono?’

Effects of foreign direct investments. Evidence from Southeast Europe

Cobb–Douglas production function on FDI in Southeast Europe

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