The effect οf foreign ownership on SMEs performance: An efficiency analysis perspective, Journal of Productivity Analysis, 34: 167-180. 2010, (JEL, ISI Listed Impact factor: 1.068 and5-Year 1.299). In common with Ν. Τzeremes
The effect οf foreign ownership on SMEs performance: An efficiency analysis perspective, Journal of Productivity Analysis, 34: 167-180. 2010, (SCOPUS, EconLit, ISI Listed. Impact factor: 0.819 and 5-Year 1.452). In common with Ν. Τzeremes (2010).
This paper uses both Data Envelopment Analysis (DEA) and Free Disposal Hull (FDH) models in order to determine different performance levels in a sample of 353 foreign equities operating in the Greek manufacturing sector. Particularly, convex and non-convex models are used alongside with bootstrap techniques in order to determine the effect of foreign ownership on SMEs’ performance. The study illustrates how the recent developments in efficiency analysis and statistical inference can be applied when evaluating performance issues. The analysis among the foreign equities indicates that the levels of foreign ownership have a positive effect on SMEs’ performance.
JEL classification: L25, C61, C67