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Author:Choi, J. J.
Title:Diversification, exchange risk, and corporate international investment.
Journal:Journal of International Business Studies
1989 : SPRING, VOL. 20:1, p. 145-155
Index terms:FINANCIAL RISK
DIVERSIFICATION
FOREIGN INVESTMENT
FINANCIAL MODELS
Language:eng
Abstract:A theory of corporate international investment in an environment where the partial segmentation of international capital markets provides some independence to corporate decisions separate from shareholders. The model embracing several existing explanations, based on behavioural and economic variables. Eighteen equations are used to illustrate the study.
SCIMA record nr: 66402
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