Silva, PedroMoreira, Antonio2026-02-192026-02-192021-03-020143-65701099-1468http://hdl.handle.net/10400.2/21388This 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.porjournal article2026-01-27cv-prod-235152610.1002/mde.3326