Globalization and Corporate Restructuring
There are several databases which are used within the boundaries of the research program. Here is a short description of some of the larger ones.
Database on the Foreign Operations of Swedish Multinational Firms
The Research Institute of Industrial Economics, IFN (previously The Industrial Institute of Economic and Social Research, IUI) has conducted surveys on Swedish multinational firms operational within the manufacturing industry about once every fourth year since the 1970s. Information about parent firms and their international activity are available for 1965, 1970, 1974, 1978, 1986, 1990, 1994, 1998 and 2003. The population of interest comprises all multinational firms within the manufacturing industry with legal headquarters in Sweden and with at least one producing, majority-owned, foreign subsidiary. The collected data contain detailed information about branch, turnover, number of employees, internal and external trade flows, R&D-expenditures, investments and profits of the foreign subsidiaries. All data is strictly confidential and is only used for research purposes.
Database on Domestic and Foreign Firms Operational in Sweden
Within the scope of this research program, unique linked employer-employee data is used. The database consists of three different parts: financial data, workplace-level data and individual-level data. The financial statistics contain a large amount of information on firms, including detailed data on financial accounts, employment, productivity, investments, R&D-expenditures etc. for the period 1973-2002. From 1986 and onwards the data covers the whole economy, before that only the manufacturing industry is covered. From 1996 there is yearly data on approximately 300 000 firms. The workplace statistics contain detailed information on the workplace level, including for example demographic characteristics of the employees, their wages and education, and codes for reasons of mergers, closures, coinage and changes in firms’ operational focus. The individual statistics build on yearly wage surveys from Statistics Sweden (SCB) and are complemented with material from various data registries. The data contain information on more than 2 million individuals for the period 1980-2002. For these individuals there is detailed information on wages, work experience, education, demographic data, hours worked, occupational codes, sectoral belonging etc. For more information on using this data contact Statistics Sweden.
Database on Mergers and Acquisitions
SDC Platinum is a detailed database from Thomson Financial Securities containing information on acquisitions and mergers around the world. The Research Institute of Industrial Economics has used this database for the period 1985- 2000 in projects within the research program. The database for these years contain 121 000 American and 157 350 international transactions. For each transaction we have used 332 variables which cover firm specific information – everything from industrial classification to the management’s attitude to the transaction. In total, the database contains 1400 variables. For more information about the database, contact Thomson Financial Securities.
IFN Corporate Database
The IFN Corporate Database covers all limited liability companies in Sweden from 1998 to 2010. The original source of the data is the consulting agency PAR and the Swedish Companies Registration Office (Bolagsverket), the government agency keeping track of limited liability corporations in Sweden. The Database contains registry information about the firms’ company status, full accounting information, complete information on all mergers and acquisitions as well as information on board members and CEOs.