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Corporate Citizenship – A New Challenge to Policy-Makers

Author

Listed:
  • Franz R. Hahn
  • Peter Mooslechner

    (WIFO)

  • Michael Pfaffermayr

Abstract

This article deals with the importance of corporate citizenship for the attractiveness of a modern, competitive location of business activities. Empirical evidence supports the hypothesis that within internationally active business firms, departments with high value-added and departments with high decision-making power will remain in the country of the parent company. Most important, to a high extent the parent companies of multinational firms are based in the country which is home to the so-called strategic owners of the concern.

Suggested Citation

  • Franz R. Hahn & Peter Mooslechner & Michael Pfaffermayr, 1997. "Corporate Citizenship – A New Challenge to Policy-Makers," Austrian Economic Quarterly, WIFO, vol. 2(2), pages 87-92, April.
    • Handle: RePEc:wfo:wquart:y:1997:i:2:p:87-92
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