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- Title
Implications of Greenfields and Acquisitions on Host Countries.
- Authors
MARINESCU, Nicolae
- Abstract
This paper investigates the implications of greenfields and acquisitions as entry modes used by transnational corporations (TNCs) on host countries. First, the impact of the two types of foreign direct investment (FDI) on host economies is analyzed comparatively, by sifting through the main opinions in the literature. The focus is on transition countries, where most of the acquisitions occurred within the privatisation process. The analysis is then applied to the particular case of Romania. By means of statistical data, the distribution of FDI flows on greenfields and acquisitions is presented. Moreover, their impact on the economy is analyzed using the ranking of the largest companies in Romania by turnover. Based on the results of the analysis, some conclusions are drawn concerning the main implications brought about by greenfields and acquisitions.
- Subjects
ROMANIA; FOREIGN investments; RATINGS of international business enterprises; MERGERS &; acquisitions; ECONOMIC impact; HOST countries (Business); PRIVATIZATION
- Publication
Bulletin of the Transilvania University of Brasov, Series V: Economic Sciences, 2017, Vol 10, Issue 1, p209
- ISSN
2065-2194
- Publication type
Article