Gender equality in labour force participation, economic growth and development in South Africa
In: Development Southern Africa, Volume 37, Issue 6, p. 997-1011
ISSN: 1470-3637
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In: Development Southern Africa, Volume 37, Issue 6, p. 997-1011
ISSN: 1470-3637
In: The South African journal of economics, Volume 90, Issue 1, p. 75-92
ISSN: 1813-6982
AbstractThe impact of foreign ownership on firm performance is debated in the literature from both a theoretical and empirical perspective. This study examines the effect of foreign ownership on the performance of nonfinancial firms listed on the Johannesburg Stock Exchange from 2012 to 2018. Using the system generalised method of moments approach to account for endogeneity, foreign ownership is found to have a positive impact on return on equity at levels of foreign ownership below 40.1% but a negative effect at higher levels. Foreign ownership has no impact on return on assets or Tobin'sq. The implications of these findings are discussed.
In: Energy Economics, Forthcoming
SSRN
In: Technological forecasting and social change: an international journal, Volume 205, p. 123319
ISSN: 0040-1625
In: Energy economics, Volume 109, p. 105258
ISSN: 1873-6181