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Emerging Multinationals and the Role of Virtual Indirect Investors

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  • Magdolna Sass
  • Katalin Antalóczy
  • Andrea Élteto

Abstract

Hungary is a leading foreign investor among the new member states of the European Union and among the Visegrád countries. It started to invest abroad earlier than other countries of the region, and thus the stock of outward foreign direct investment (OFDI) is higher than in other countries of the region, with the exception of Slovenia. The paper analyzes trends, developments, and characteristics in Hungarian OFDI through the available data and company case studies of the leading investors. On the basis of the company case studies, we introduce the notion of "virtual indirect" investors, which may enhance our understanding of the developments of OFDI—and not just in Hungary.

Suggested Citation

  • Magdolna Sass & Katalin Antalóczy & Andrea Élteto, 2012. "Emerging Multinationals and the Role of Virtual Indirect Investors," Eastern European Economics, Taylor & Francis Journals, vol. 50(2), pages 41-58, March.
    • Handle: RePEc:mes:eaeuec:v:50:y:2012:i:2:p:41-58
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    Cited by:

    1. Björn Jindra & Sohaib S. Hassan & Jutta Günther & Uwe Cantner, 2015. "European Integration and Outward FDI from Central and Eastern Europe – Is There Any Evidence of Knowledge-seeking?," Journal of Common Market Studies, Wiley Blackwell, vol. 53(6), pages 1248-1267, November.
    2. Magdolna Sass & Jana Vlčková, 2019. "Just Look behind the Data! Czech and Hungarian Outward Foreign Direct Investment and Multinationals," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 69(supplemen), pages 73-105, December.
    3. Magdolna Sass & Andrea Éltetõ & Katalin Antalóczy, 2014. "Outward FDI from Hungary: the Emergence of Hungarian Multinationals," Entrepreneurial Business and Economics Review, Centre for Strategic and International Entrepreneurship at the Cracow University of Economics., vol. 2(3), pages 47-61.

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