This article examines the impact of foreign and multinational ownership on firm exit using a sample of Portuguese firms for the period 2007–2016, with Kaplan–Meier survival functions and a Cox proportional hazard model. The results show that purely domestic firms endure worse survival prospects than multinationals, but this is more related to firm-level variables and not because of the effects of foreignness or multinational ownership. The disaggregated results at a sectoral level provide support for the contingent role of foreignness in very specific sectors of the Portuguese economy.

中文翻译：

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外国和跨国所有权对企业退出的影响：部门分析

本文使用 2007 年至 2016 年期间的葡萄牙公司样本，使用 Kaplan-Meier 生存函数和 Cox 比例风险模型，研究了外国和跨国所有权对公司退出的影响。结果表明，纯粹的国内公司比跨国公司的生存前景更糟，但这更多地与公司层面的变量有关，而不是因为外国或跨国公司所有权的影响。部门层面的分类结果支持外国人在葡萄牙经济的特定部门中的偶然作用。