The Effects of Foreign Ownership in Africa : Evidence from Ghana, Kenya and Zimbabwe
The effect of foreign ownership in Africa is based on an analysis of survey data of firms in Zimbabwe, Ghana, and Kenya compiled by the Regional program on Enterprise Development (RPED). This study attempts to show the relationship between foreign...
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| Language: | English |
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Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/1988/01/12866503/effects-foreign-ownership-africa-evidence-ghana-kenya-zimbabwe http://hdl.handle.net/10986/10035 |
| Summary: | The effect of foreign ownership in
Africa is based on an analysis of survey data of firms in
Zimbabwe, Ghana, and Kenya compiled by the Regional program
on Enterprise Development (RPED). This study attempts to
show the relationship between foreign ownership and
firm-level value added in Sub-Saharan Africa. The study
finds a clear indication that majority foreign ownership has
a positive influence on value added. The study looks at
whether or not firms with any foreign equity have higher
value added. It also looks at whether majority foreign
ownership is correlated with value added. The study includes
other factors that determine firm productivity, such as
worker training programs, quantities of labor and capital,
and the education of the general manager, in order to
control for other factors that influence firm performance. |
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