Fig. 1: Conceptual framework.
From: Tax holidays and profit-repatriation rates for FDI firms: the case of the Czech Republic
The paper examines the impact of age, size, liquidity, leverage, profitability, and investment opportunities on the repatriation rates of FDI firms. As these variables potentially affect the repatriation rate, they can lead to the differences in repatriation behaviors outlined in Hypothesis 1 and Hypothesis 2.
