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Tytuł:
Zagraniczne spółki zależne polskich przedsiębiorstw – propozycja problematyki badawczej
Foreign subsidiaries of Polish companies – a proposal of research issue
Autorzy:
Ćwik, Krzysztof
Powiązania:
https://bibliotekanauki.pl/articles/420024.pdf
Data publikacji:
2015
Wydawca:
Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Tematy:
internationalization
subsidiary
foreign direct investments
Opis:
The paper undertakes a discussion on foreign subsidiaries of Polish companies. The scale of Polish foreign direct investment (FDI) continues to grow and this means that soon there may be a gap between business practice and knowledge of management science. The author proposes the hypothesis which states that Polish FDI do not run according to the processes proposed by the phase models (e.g. Uppsala model), but they have a certain degree of leapfrogging. The initial phase of internationalization of Polish enterprises and their motives led the author to the formulation of two other hypotheses regarding the roles foreign subsidiaries play within the Polish international companies. One is that foreign subsidiaries of Polish enterprises play, in most cases, a role called the implementer by typology of Ch.A. Bartlett and S. Ghoshal, and the second is, that in most cases, these are the entities that in the typology of A.K Gupta and V. Govindarajana are called implementor.
Źródło:
Nauki o Zarządzaniu; 2015, 2(23); 9-25
2080-6000
Pojawia się w:
Nauki o Zarządzaniu
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Nationality of Polands Exports
Autorzy:
Czarny, Elżbieta
Śledziewska, Katarzyna
Powiązania:
https://bibliotekanauki.pl/articles/943639.pdf
Data publikacji:
2017
Wydawca:
Szkoła Główna Handlowa w Warszawie
Tematy:
international trade
economic integration
direct investments
Opis:
ln this paper, we analyse the materiał structure of Polands exports of goods to the European Union and to the United States. In a general presentation of Polish exports, we aggregate all other trade partners than the EU and the U.S. to the 'Rest of the World' (RoW). We use descriptive statistics to check whatgoods are subject to export from Poland. We analyse data on various levels of aggregation. We prove that Polish exports aggregated to the CN sections and HS2 product groups to both destinations seem to be of higher technological advancement than export disaggregated to the HS6 product classification. On the higher level of aggregation, the material structure of Polands exports to the EU and the U.S. look more similar than those analysed on the more disaggregated level. We look at the material structures of exports to both partners from the point of view of the producers as well. We study Poland's exports of goods to the EU and the U.S. based on the HS6 classification and analyse the leading producers of the most important goods in sales to both partners. We show that most of them are affiliates of the foreign companies.
Źródło:
Warsaw Forum of Economic Sociology; 2017, 8, 16; 87-108
2081-9633
Pojawia się w:
Warsaw Forum of Economic Sociology
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Polish FDI in Central Asian Countries
Autorzy:
Gomółka, Krystyna
Powiązania:
https://bibliotekanauki.pl/articles/594775.pdf
Data publikacji:
2018
Wydawca:
Wydawnictwo Adam Marszałek
Tematy:
investments
direct investments
Kazakhstan
Kyrgyzstan
Tajikistan
Turkmenistan
Uzbekistan
Polska
Opis:
Since gaining independence, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan gradually opened their markets to foreign investors. Before Poland’s accession to the European Union, the activities of Polish investors in Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan were based on bilateral treaties concluded by Poland with those countries. Later, except Turkmenistan, they were governed by the partnership and cooperation agreements between the European Communities and their Member States. Despite the ample investment opportunities and favourable conditions for access to the market, the activity of Polish companies in these markets has not produced a significant effect. Poland invested with more considerable success on the markets in Kazakhstan and Kyrgyzstan. It made investment attempts in Tajikistan and Uzbekistan, leaving out Turkmenistan. The reason why Poland has a weak position in these markets is the distance between the partners and inability of Polish companies to effectively compete with large multinational companies which have been operating there for years. In the Kazakh market, good investment prospects are available for waste management, petrochemical, mining and road construction companies. In Kyrgyzstan, there are cooperation possibilities in the area of modern agricultural and processing technologies and establishment of fruit and vegetable processing enterprises. In Tajikistan, enterprises can invest in petroleum and natural gas extraction and exploitation, the fuel market, processing of precious metals and construction of conventional and hydroelectric power plants. In Turkmenistan, Polish companies can compete for road, railway and housing construction contracts, whereas in Uzbekistan they can invest in businesses covered by government tax reductions.
Źródło:
Polish Political Science Yearbook; 2018, 1 (47); 20-38
0208-7375
Pojawia się w:
Polish Political Science Yearbook
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Rozwój współpracy inwestycyjnej pomiędzy Polską a Federacją Rosyjską w XXI wieku
Autorzy:
Michalik, Adam
Powiązania:
https://bibliotekanauki.pl/articles/568598.pdf
Data publikacji:
2017
Wydawca:
Wydawnictwo Adam Marszałek
Tematy:
Polish direct investments abroad foreign direct investments
investment cooperation
Russia
польские иностранные инвестиции
прямые иностранные инвестиции
инвестиционные сотрудничество
Россия
Opis:
Poland is the biggest FDI recipient of the EU countries located in Central Europe. The statistics are showing also more and more investment high activity of Polish companies on the foreign markets. Towards the strong competition and high costs of the workforce in EU countries, Polish companies as the location of their investments often choose markets outside the EU, including the Russian market. The article presents the analysis of the investment cooperation between Poland and the Russian Federation and shows the essential barriers negatively influencing in the shape of these relations. He is pointing in addition also the high importance of the role of the economic diplomacy in the development of cooperation investment between both countries.
Аннотация: Польша является крупнейшим получателем прямых иностранных инвестиций (ПИИ) среди стран Европейского Союза из Центрально-Восточной Европы. В то же время статистические данные показывают повышение инвестиционной активности польских компаний на зарубежных рынках. Из-засильной конкуренции и высокой стоимости рабочей силы в ЕС, польские компании как место инвестиций выбирают рынки за пределами ЕС, в том числе российский. Статья анализирует инвестиционные взаимосвязи между Польшей и Россией и указывает на существенные барьеры, оказывающие отрицательное влияние на форму отношений. Публикация указывает одновременно на роль экономической дипломатии в развитии инвестиционного сотрудничества между двумя странами.
Źródło:
Nowa Polityka Wschodnia; 2017, 2(13); 13-27
2084-3291
Pojawia się w:
Nowa Polityka Wschodnia
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Japonia jako eksporter i importer kapitału w formie bezpośrednich inwestycji zagranicznych
Japan as an Exporter and Importer of the Capital in the Form of Direct Foreign Investments
Autorzy:
Nowara, Wanda
Powiązania:
https://bibliotekanauki.pl/articles/30029010.pdf
Data publikacji:
2009
Wydawca:
Katolicki Uniwersytet Lubelski Jana Pawła II. Towarzystwo Naukowe KUL
Tematy:
inwestycje bezpośrednie
Japonia
korporacje
direct investments
Japan
corporations
Opis:
The aim of the article is to indicate the role played by Japan as an exporter and importer of direct investments as compared to other countries. Japan, as a leading world economy that boasts of having one of the largest consumer markets, plays a great role as an investor and a small one as an importer of the capital. In the context of relative investments to the economic potential, the country’s place is low in both categories. The main areas of investment for Japan are in the manufacturing industry, especially car and electronic equipment industry. The USA are the most important place Japanese investments are made in as well as the most important foreign investor. Important bilateral partners also include Holland and Great Britain; and as the place for investments Asia has been acquiring importance. However, it is not easy for Japan to draw foreign investors despite attempts to implement special programs.
Źródło:
Roczniki Ekonomii i Zarządzania; 2009, 1; 39-54
2081-1837
2544-5197
Pojawia się w:
Roczniki Ekonomii i Zarządzania
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Offshoring trends and foreign direct investments in the Middle Europe and BRIC area
Autorzy:
Chłopek, Piotr Stanisław
Powiązania:
https://bibliotekanauki.pl/articles/420042.pdf
Data publikacji:
2013
Wydawca:
Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Tematy:
offshoring
outsourcing
globalization
virtual teams
foreign direct investments
Opis:
The changes we are witnessing have a crucial role in the nature of the global economy. Continuous globalization processes and the blurring of boundaries between countries allow businesses operate in a never seen before scale. One important effect of the increasing integration of the world economy is a rising importance of possibilities to offshore and outsource value-creating activities. In many industries, firms are able to disaggregate their value chains into smaller parts. This process allows for a less path-dependent approach to the firm’s ideal location profile (through offshoring and relocation) and control strategies (through outsourcing). Undoubtedly, offshoring based on information and communication technology now experiences its heyday. The main aim of this article is to show importance of offshoring and foreign direct investments for developing countries such as Poland, Czech Republic, and more generally speaking the Middle Europe and BRIC area. The article explains the concept of offshoring and its prospects, giving examples of companies like Apple, HP, IBM, Credit Suisse, UBS, Irevna, McKinsey & Co., Siemens, Google and Microsoft. Offshoring advantages and disadvantages were highlighted.
Źródło:
Nauki o Zarządzaniu; 2013, 1(14); 11-23
2080-6000
Pojawia się w:
Nauki o Zarządzaniu
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Ewolucja determinant podejmowania bezpośrednich inwestycji zagranicznych w Polsce
Evolution of the Determinants of Undertaking Foreign Direct Investments in Poland
Autorzy:
Jaworek, Małgorzata
Karaszewski, Włodzimierz
Powiązania:
https://bibliotekanauki.pl/articles/440145.pdf
Data publikacji:
2018
Wydawca:
Akademia Finansów i Biznesu Vistula
Tematy:
bezpośrednie inwestycje zagraniczne
determinanty bezpośrednich inwestycji zagranicznych
biznes międzynarodowy
foreign direct investments
determinants of foreign direct investments
international business
Opis:
W artykule poruszono problematykę determinant podejmowania bezpośrednich inwestycji zagranicznych (BIZ). W pierwszej części nakreślono ramy teoretyczne tematu, w drugiej zaprezentowano wyniki badań własnych oraz badań przeprowadzonych przez różne ośrodki, których zakres przedmiotowy obejmował rozpoznanie motywów podejmowania BIZ w Polsce. Ponadto przedstawiono wyniki badań własnych dotyczących motywów podejmowania BIZ w województwie kujawsko-pomorskim. Celem opracowania jest zaprezentowanie zmian najważniejszych motywów podejmowania BIZ w Polsce w latach 1990-2017, w perspektywie krajowej i regionalnej. Wyniki badań wskazują, że motywy BIZ w Polsce ulegają zmianie. W przeciwieństwie do okresu początkowego, kiedy zwłaszcza koszty pracy miały podstawowe znaczenie, obecnie obserwuje się coraz większą rolę cech jakościowych (kwalifikacje, umiejętności pracowników itd.). Ponadto, zaprezentowane wyniki cyklicznych badań regionalnych ukazują wyraźne różnice czynników determinujących wybór kraju lokaty oraz wybór konkretnego regionu w ramach danego kraju. Ujawnione zmiany zachodzące w motywach wyboru lokalizacji BIZ oraz różnice motywów decydujących o wyborze kraju i regionu uzasadniają potrzebę prowadzenia ciągłych badań mających na celu ich rozpoznawanie z perspektywy czasu jak i z różnych poziomów lokalizacji.
In their article, the authors touched the problems of the determinants of undertaking foreign direct investments (FDI). In its first part, they gave the theoretical background of the topic’ in the second, they presented findings of their own research as well as research conducted by various centres whose object scope covered recognition of the motives for undertaking FDI in Poland. Moreover, the authors presented findings of their own research on the motives to undertake FDI in Kuyavian-Pomeranian Voivodeship. The aim of the paper is to present changes of the most important motives to undertake FDI in Poland in 1990-2017, in the national and regional perspective. The research findings indicate that the motives for FDI in Poland have been changing. Contrary to the initial period, when especially labour costs were of the basic importance, at present there is observed the ever growing role of qualitative traits (employees’ qualification, skills, etc.). Moreover, the presented results of cyclical regional surveys show clear differences in the factors determining the choice of the country of placement and the choice of specific region within a given country. The revealed changes occurring in the motives for selection of FDI location deciding the choice of the country and region justify the need to carry out continuous research aimed at recognition thereof with hindsight and from different levels of location.
Źródło:
Kwartalnik Naukowy Uczelni Vistula; 2018, 2(56); 42-59
2084-4689
Pojawia się w:
Kwartalnik Naukowy Uczelni Vistula
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
The role of foreign-owned entities in building economic resilience in times of crisis: The case of European digital and technologically-intensive firms during the Covid-19 pandemic
Autorzy:
Umiński, Stanisław
Nazarczuk, Jarosław M.
Borowicz, Aleksandra
Powiązania:
https://bibliotekanauki.pl/articles/22392135.pdf
Data publikacji:
2023
Wydawca:
Instytut Badań Gospodarczych
Tematy:
foreign direct investments
pandemic
technological intensity
resilience
corporate performance
Opis:
Research background: Over the decades, foreign-owned entities (FOEs) have become an important part of the economic landscape considered as behemoths of globalisation, but also transmitters of positive effects such as technology or know-how spillovers. In times of volatility and uncertainty, firms’ contribution to building a resilient economy is at the top of the public agenda. Purpose of the article: The purpose of the article is two-fold. Firstly, we test, how FOEs perform in this stressful time of volatility and uncertainty. Secondly, we examine the contribution to resilience by digital and technologically intensive sectors.  Methods: The study utilises the Bureau van Dijk (BvD) Orbis firm-level database as a primary data source. The results are derived with the use of two econometric approaches. Firstly, we estimate a static model utilising the ordinary squares estimator. Secondly, we re-estimate the equations using a two-step System GMM estimator. It introduces a lagged dependent variable into the model and implements a correction for endogeneity among covariates by including instruments (in levels and differences). Findings & value added: We use size, age, ownership, gearing, and intangibility as firms’ financial performance determinants, together with the sector-, country- and time-fixed effects. FOEs compared to domestic ones generated a higher revenue growth rate. In times of crisis high-tech and digital firms are more resilient. However, ownership does not matter in this respect. We contribute to the discussion about functions performed by FOEs in crisis and turbulent times, in which resilience issues are on top of the agenda. Our research intends to bridge the gap between the performance of FOEs, micro-level analysis, and resilience.
Źródło:
Equilibrium. Quarterly Journal of Economics and Economic Policy; 2023, 18, 3; 751-777
1689-765X
2353-3293
Pojawia się w:
Equilibrium. Quarterly Journal of Economics and Economic Policy
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Western European retail chains in the Czech Republic, Poland and Slovakia - similarities and differences
Autorzy:
Wilk, Waldemar
Miłaszewska, Małgorzata
Powiązania:
https://bibliotekanauki.pl/articles/2032471.pdf
Data publikacji:
2006-06-01
Wydawca:
Uniwersytet Warszawski. Wydział Geografii i Studiów Regionalnych
Tematy:
retail chains
internationalization
foreign direct investments (FDI)
Cental Europe
Opis:
The paper deals with an analysis the growing presence of international retail enterprises in the Central European countries of the Czech Republic, Poland and Slovakia. Results of the research show that there are differences between the Polish market and the remaining two. The differences are in the scalę of investments, the investors' geographic origin, the number of stores within the network of the so called modern distribution channels (hyper- and supermarkets and discount stores). The diversity of location strategies used by Western European retail enterprises in the Central European markets is also shown, beginning with the methods of entering new markets (organie growth, acąuisition of existing chains, franchising) and ending on the degree of concentration of retail stores in the largest cities of the three countries.
Źródło:
Miscellanea Geographica. Regional Studies on Development; 2006, 12; 205-214
0867-6046
2084-6118
Pojawia się w:
Miscellanea Geographica. Regional Studies on Development
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Czynniki rozwoju działalności inwestycyjnej firm brytyjskich w Polsce
The Developmental Factors of the Investment Activities of the British Firms in Poland
Autorzy:
Miłek, Dorota
Jóźwik, Bartosz
Powiązania:
https://bibliotekanauki.pl/articles/1835290.pdf
Data publikacji:
2020-05-12
Wydawca:
Katolicki Uniwersytet Lubelski Jana Pawła II. Towarzystwo Naukowe KUL
Tematy:
zagraniczne inwestycje bezpośrednie
brytyjskie zagraniczne inwestycje bezpośrednie
zagraniczne inwestycje bezpośrednie w Polsce
korporacje międzynarodowe
brytyjskie korporacje międzynarodowe
foreign direct investments
British foreign direct investments
foreign direct investments in Poland
international corporations
British international corporations
Opis:
The paper seeks to determine the factors that have the largest influence on the investment activity of the British firms in Poland before joining the European Union. The findings have shown that the most important thing for British investors to decide about investment in Poland is market conditions. The size of the Polish market was most often indicated as a decisive factor to choose Poland for investment. We mean those British firms that were investigated. An analysis of concrete cases has shown that the cost factors did not play such an important role for British firms when considering Poland for economic activity.
Źródło:
Roczniki Nauk Społecznych; 2007, 35, 3; 291-304
0137-4176
Pojawia się w:
Roczniki Nauk Społecznych
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Foreign economic links of the Republic of Moldova and their dynamics in the 1991-2015
Autorzy:
Mądry, Cezary
Sochircă, Vitalie
Powiązania:
https://bibliotekanauki.pl/articles/1201775.pdf
Data publikacji:
2016-12-05
Wydawca:
Uniwersytet Gdański. Instytut Geografii
Tematy:
Moldova
foreign trade
trade balance
export
import
foreign direct investments
Opis:
The paper presents changes in foreign links of the Republic of Moldova in the field of trade balance (import and export of goods) and capital ties in the form of foreign direct investment. The focus was not only on the value of turnover but also on its branch structure and geographical directions. The most important determinants forming these relationships, in particular, the natural, historical, political, and institutional ones have also been presented. The collected data show the changes that have taken place during Moldova’s independence, with the starting point being 1991, the year in which Moldova regained independence. In this way the directions of economic integration of the country could be demonstrated.
Źródło:
Journal of Geography, Politics and Society; 2016, 6, 2; 59-67
2084-0497
2451-2249
Pojawia się w:
Journal of Geography, Politics and Society
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Bezpośrednie inwestycje zagraniczne i wzrost gospodarczy w państwach G-5 oraz BRICS – analiza przyczynowości w sensie Grangera
Foreign Direct Investments and economic growth in G-5 and BRICS countries – Granger causality analysis
Autorzy:
Folfas, Paweł
Powiązania:
https://bibliotekanauki.pl/articles/569876.pdf
Data publikacji:
2015
Wydawca:
Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Tematy:
Foreign Direct Investments
economic growth
G-5
BRICS
Granger causality
Opis:
Research concerns causality between FDI inflows and real GDP growth in ten countries: France, Germany, Japan, U.S., U.K., Brazil, China, India, Russia and South Africa during the period 1971-2012. The analysis is based on Granger-causality tests. The study is aimed at answering a question whether there is one way or two-way causality (or no causality at all) between FDI inflows and real GDP growth in G-5 and BRICS countries. According to the Granger-causality tests one-way causality occurs only in the case of Japan and India. Thus, Granger-causality between FDI inflows and real GDP growth seems to be a country-specific issue and any genral conlusions concerning developed or developing economies are not justified.
Źródło:
Ekonomia XXI Wieku; 2015, 3 (7); 30-45
2353-8929
Pojawia się w:
Ekonomia XXI Wieku
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Przedsiębiorstwo zagraniczne w otoczeniu lokalnym
Autorzy:
Smętkowski, Maciej
Powiązania:
https://bibliotekanauki.pl/articles/413778.pdf
Data publikacji:
2000
Wydawca:
Uniwersytet Warszawski. Instytut Ameryk i Europy. Centrum Europejskich Studiów Regionalnych i Lokalnych (EUROREG)
Tematy:
Rozwój lokalny
Bezpośrednie inwestycje zagraniczne
Local development
Foreign Direct Investments
Opis:
Artykuł rozpatruje problematykę bezpośrednich inwestycji zagranicznych na płaszczyźnie lokalnej. Przedstawia przyczyny, które stoją za decyzją przedsiębiorstwa o umiędzynarodowieniu działalności, oraz kreśli obraz bezpośrednich inwestycji zagranicznych na świecie. Następnie klasyfikuje bezpośrednie inwestycje zagraniczne pod kątem ich wpływu na gospodarkę lokalną, formułuje model wpływu inwestycji zagranicznej na układ lokalny, przedstawia potencjalne korzyści i zagrożenia wynikające z tych inwestycji. Ponadto artykuł omawia dotychczasowe wyniki badań nad lokalnymi aspektami inwestycji zagranicznych. Na tym tle przestawia propozycję dalszych kierunków studiów w tym zakresie.
Źródło:
Studia Regionalne i Lokalne; 2000, 4(4); 87-103
1509-4995
Pojawia się w:
Studia Regionalne i Lokalne
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Economic crisis impact on Remittances and Migration level in Albania
Autorzy:
Shera, Adela
Shehaj, Ardita
Powiązania:
https://bibliotekanauki.pl/articles/1036384.pdf
Data publikacji:
2014
Wydawca:
Academicus. International Scientific Journal publishing house
Tematy:
emigration
workers’ remittances
financial crisis
foreign direct investments
consumption level
Opis:
Remittances of international migrants as the second largest flow of incomes contribute to the well-being of their households of origin and also have an impact at macro-economic level. Out-migration is an effective means for low-income households to quickly overcome shortages of income. The sustenance of poor households might have been more difficult without such remittances. From a macro perspective, remittances contribute to the equalization of the income distribution among households having out-migrants. Remittances have enforced the Albanian economy since 1992 especially they had a positive and large contribution in consumption level, investment and GDP. But the economic crisis of 2008 has affected large sectors of the population in developed and developing nations and international immigrants have not been the exception because there have been an economic downturn. Remittances in Albania represent the second main source of incomes and this study documents the recent slowdown in workers’ remittances, the money that international immigrants send back home. Current data indicates that remittance flows have slowed for all regions of the globe. This paper tries to analyze the impact of the economic crisis on remittances level and also the negative impact of their slowdown in the Albanian economy.
Źródło:
Academicus International Scientific Journal; 2014, 10; 39-54
2079-3715
2309-1088
Pojawia się w:
Academicus International Scientific Journal
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Does withholding tax on interest limit international profit-shifting by FDI?
Autorzy:
Białek-Jaworska, Anna
Klapkiv, Lyubov
Powiązania:
https://bibliotekanauki.pl/articles/22444350.pdf
Data publikacji:
2021
Wydawca:
Instytut Badań Gospodarczych
Tematy:
withholding tax
foreign direct investments
inter-company loans
profit shifting
Opis:
Research background: Poland is a significant recipient of intercompany loans as a part of foreign direct investment (FDI) debt instruments reported in the Balance of Payments. Most of them come from the developed West European countries ? Netherlands, Luxembourg, France, Germany, and Belgium. Igan et al. (2020) confirm debt-based FDI inflows to emerging markets had a higher impact on the industries? growth in the pre-crisis period 1998?2007 than after (till 2010). Purpose of the article: We aim to identify withholding tax (WHT) impact on intercorporate loans inflow to Poland and analyse the relationship between trade credit and intercompany loans to assess the importance of the profit-shifting role of FDI after 2010. Methods: To reflect the impact of withholding tax and trade credit on inter-company loans (inward debt-based FDI) in 2011?2017 to Poland, we use Arellano-Bond and random effects panel model estimators. The estimated specification is derived from the knowledge-capital model and includes two types of capital: human and physical. Findings & value added: We show that WHT on interests reduces profit-shifting by multinational companies? intercompany lending to Poland. But intercompany loans are positively related to foreign trade credit. Unlike in the case of total FDI inward to Poland (Cieślik, 2019), we identified that vertically integrated multinational enterprises are more likely to provide loans to Polish firms. This study is the first to confirm that withholding tax of interests reduces international profit-shifting by FDI and to provide evidence on the relation-ship between foreign trade credit and intercompany loans provided by multi-national companies.
Źródło:
Equilibrium. Quarterly Journal of Economics and Economic Policy; 2021, 16, 1; 11-44
1689-765X
2353-3293
Pojawia się w:
Equilibrium. Quarterly Journal of Economics and Economic Policy
Dostawca treści:
Biblioteka Nauki
Artykuł
Wyświetlanie 1-15 z 77

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