Foreign Direct Investments and Domestic Employment of German SMEs: The Moderating Effect of Owner Management
研究了水平型和垂直型外国直接投资对德国中小企业国内就业的不同影响，发现水平型FDI促进就业而垂直型FDI减少就业，且所有者管理能缓解垂直FDI带来的国内裁员。
Despite considerable research, the relationship between foreign direct investment (FDI) and domestic employment is still inconclusive. The present paper contributes to extant research by providing differentiated findings on the FDI and domestic employment relationship. We examine how horizontal and vertical FDI impact domestic employment and how the effects are contingent on the ownership structure of the firm. Testing hypotheses on a dataset of 1,079 erman small and medium‐sized enterprises (SMEs) shows that horizontal FDI has a positive influence, whereas vertical FDI has a negative influence on domestic employment. Furthermore, domestic downsizing due to the establishment of foreign production subsidiaries is less severe in owner‐managed SMEs.