A study of foreign acquisition of U.S. firms prior to the Exon-Floria Amendment
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Authors
Schellhammer, Fred O.
Subjects
Foreign investment
industrial base
industrial base
Advisors
Doyle, Richard
Date of Issue
1990-12
Date
December 1990
Publisher
Monterey, California: Naval Postgraduate School
Language
Abstract
This thesis examines the possible effects of foreign acquisition on the defense industrial base in the semiconductor industry. The problems and benefits of foreign acquisition are assessed in order to determine the consequence of foreign acquisition for industries critical to U.S. national security. Foreign investment in these critical areas has the attention of top officials in the legislative and executive branch, as evidenced by the passage of the Exon-Florio amendment. This legislation was intended to give the federal government the authority to prohibit foreign acquisition in cases where national security was a concern. This thesis examines foreign acquisition prior to the passage of Exon-Florio in order to discover whether such takeovers lead to the loss of such companies to the defense industrial base. Conclusions and recommendations are provided in the final chapter.
Type
Thesis
Description
Series/Report No
Department
Department of Administrative Sciences
Organization
Naval Postgraduate School (U.S.)
Identifiers
NPS Report Number
Sponsors
Funder
Format
iv, 41 p.
Citation
Distribution Statement
Approved for public release; distribution is unlimited.
Rights
This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.