|| doc. PhDr. Adam Geršl Ph.D., Michal Hlaváček|
||Articles in journals with impact factor
|ISSN / ISBN:
||Czech Journal of Economics and Finance, 57(9-10), pp.448-464
||corporate finance; foreign direct investment; life cycle of investment
||F21, G32; L25
||This article discusses the effect of foreign direct investment on the corporate sector in the Czech Republic. The analysis uses subaggregated corporate data from a unique Deutsche Bundesbank database containing an almost complete sample of German enterprises that invested in the Czech Republic between 1996 and 2004. Attention was given to two issues: the role of intra-group financing in foreign-owned corporations and the life cycle of direct investments.