caa a22 4500 378898884 CHVBK 20180305123513.0 cr unu---uuuuu 161128e20040607xx s 000 0 eng 10.2202/1538-0653.1205 doi (NATIONALLICENCE)gruyter-10.2202/1538-0653.1205 Foreign Portfolio Investment Improves Performance: Evidence from the Czech Republic [Elektronische Daten] [Andrew Weiss, Georgiy A Nikitin] When foreigners became the major shareholders of publicly traded firms in the Czech Republic, those firms experienced improvements in performance and increases in investment. In contrast, controlling for ownership type, ownership concentration had no independent effect on performance or investment. The results are robust to the estimation technique used, the choice of independent variables, and the methods used to control for selection bias. ©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston C23 nationallicence G11 nationallicence G32 nationallicence G34 nationallicence L10 nationallicence M14 nationallicence O12 nationallicence O16 nationallicence O52 nationallicence P23 nationallicence P27 nationallicence P33 nationallicence P34 nationallicence Transition Economies nationallicence Foreign Ownership and Control nationallicence Portfolio Investment nationallicence Ownership Concentration nationallicence Long Differences nationallicence Weiss Andrew Boston University, aweiss@bu.edu aut Nikitin Georgiy A. Boston University, nikitin@bu.edu aut Topics in Economic Analysis & Policy De Gruyter 4/1(2004-06-07) 4:1 2004 4 bejeap https://doi.org/10.2202/1538-0653.1205 text/html Onlinezugriff via DOI 1 research article jats NATIONALLICENCE 856 40 https://doi.org/10.2202/1538-0653.1205 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Weiss Andrew Boston University, aweiss@bu.edu aut NATIONALLICENCE 700 1- Nikitin Georgiy A. Boston University, nikitin@bu.edu aut NATIONALLICENCE 773 0- Topics in Economic Analysis & Policy De Gruyter 4/1(2004-06-07) 4:1 2004 4 bejeap CC0 http://creativecommons.org/publicdomain/zero/1.0 nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-gruyter