文章基本信息

标题：Discrepancies in Financial Performance between Domestic and Foreign Owned Enterprises: The case of Greece
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作者：Dionisis Valsamis ; Marina-Selini Katsaiti ; Panagiotis Petrakis 等
期刊名称：International Journal of Economics and Finance
印刷版ISSN：1916-971X
电子版ISSN：1916-9728
出版年度：2014
卷号：3
期号：5
页码：76
DOI：10.5539/ijef.v3n5p76
语种：English
出版社：Canadian Center of Science and Education
摘要：This study examines whether there are differences between domestic and foreign owned firms operating in Greece, and in particular it focuses on financial management characteristics of the firms under investigation. The data come from the individual companies’ balance sheets for the year 2008. The firms under investigation are grouped into two categories based on the origin of their capital share. Using a non-linear model, we arrive at the following results: foreign enterprises have higher use of capital, manage more financial elements, have more access to long-tern borrowing, while they fall short against domestic firms in short term financing. Finally, foreign firms have higher sales and present greater profitability.