Evaluating the Causal Effect of Foreign Acquisition on Domestic Performances: The Case of Slovenian Manufacturing Firms
This paper investigates the impact of foreign acquisition on the performances of a sample of Slovenian manufacturing firms subject to takeover in 1997. Their analysis confirms that foreign investors acquire only the most productive firms, while finds no convincing evidence that the performances of such firms improve in the post-acquisition period as a result of foreign acquisition.
Link
http://cournot2.u-strasbg.fr/users/beta/publications/2006/2006-18.pdf