Financing Dutch direct investments to transition economics
AbstractFirms interested in a direct investment in a transition countries often face difficulties in obtaining external finance. In this study Dutch survey data are used to check if financial obstacles are an important argument for Dutch firms not to engage in an FDI or if other nonfinancial arguments prevail in the decision not to invest. The analysis shows that financial problems are indeed large, but the major arguments for firms not to invest are not financial in nature. The uncertainty of the investment, lack of time and capacity and internal arguments are most often mentioned as obstacles for an FDI.
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Bibliographic InfoPaper provided by Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization in its series Research Memoranda with number 030.
Date of creation: 2004
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financial economics and financial management ;
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