S-WoPEc
 
Scandinavian Working Papers in Economics
HomeAboutSeriesSubject/JEL codesAdvanced Search
CESIS - Centre of Excellence for Science and Innovation Studies, Royal Institute of Technology KTH/CESIS Working Paper Series in Economics and Institutions of Innovation

No 410:
Ownership structure and firm export performance. Evidence from Slovenian microdata

Crt Kostevc ()

Abstract: This paper combines two very distinct strands of literature, firm-level trade analysis and studies on the impact of ownership structure. I explore the effects firm ownership structure has on its engagement with external trade using data for the population of Slovene enterprises between 2005 and 2013. The estimates indicate that concentrated firm ownership is more conducive to firms being exporters or becoming first-time exporters. Even after controlling for firm type, age, ownership type and ownership stability, firms with a larger ownership share held by the top five owners are more likely to become first-time exporters. While the association between the concentration of ownership and exporting status is slightly more ambiguous, overall the evidence favors concentrated ownership. Interestingly, the otherwise robust finding that foreign ownership improves the probability of exporting is restricted to limited-liability companies, while joint-stock companies show no association between lagged foreign ownership and export participation.

Keywords: Ownership structure; ownership stability; ownership type; exporting; (follow links to similar papers)

JEL-Codes: F14; G32; (follow links to similar papers)

30 pages, June 9, 2015

Before downloading any of the electronic versions below you should read our statement on copyright.
Download GhostScript for viewing Postscript files and the Acrobat Reader for viewing and printing pdf files.

Full text versions of the paper:

cesiswp410.pdf    PDF-file
Download Statistics

Questions (including download problems) about the papers in this series should be directed to Vardan Hovsepyan ()
Report other problems with accessing this service to Sune Karlsson () or Helena Lundin ().

Programing by
Design by Joachim Ekebom

Handle: RePEc:hhs:cesisp:0410 This page was generated on 2015-06-09 12:53:26