An event study analysis of outward foreign direct investment: the case of Greece

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Demos, Antonis, Filippaios, Fragkiskos and Papanastassiou, Marina (2004) An event study analysis of outward foreign direct investment: the case of Greece. International Journal of the Economics of Business, 11 (3). pp. 329-348. ISSN 1357-1516

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Abstract

The purpose of this article is twofold. Firstly, by applying the event study methodology, it provides detailed and updated evidence on the value generating effect of different modes of foreign direct investment (FDI) entry. Secondly, this is the first paper to empirically evaluate the impact of FDI on the stock returns of Greek firms participating in the Athens Stock Exchange (ASE). In the case of Greece, the cross‐section analysis revealed that successful outward FDI projects tend to be located in developed countries, performed in a high‐technology sector and linked to horizontal integration.

Item Type:	Article
Uncontrolled Keywords:	sdg 10 - reduced inequalities ,/dk/atira/pure/sustainabledevelopmentgoals/reduced_inequalities
Faculty \ School:	Faculty of Social Sciences > Norwich Business School
Related URLs:	http://www.scopus.com/inward/record.url?...
Depositing User:	LivePure Connector
Date Deposited:	07 May 2020 00:05
Last Modified:	05 May 2024 12:31
URI:	https://ueaeprints.uea.ac.uk/id/eprint/75071
DOI:	10.1080/1357151042000286438

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