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Tekijä: | Omer, K. Durr, D. Siegel, P. |
Otsikko: | Degree of multinationality and financial performance: a study of U.S.-based multinational corporations |
Lehti: | Review of Quantitative Finance and Accounting
1998 : JUL, VOL. 11:1, p. 53-68 |
Asiasana: | FINANCE USA COMPANIES |
Kieli: | eng |
Tiivistelmä: | This paper examines the marginal benefits that accrue to U.S.-based multinational corporations through increased international investment. Specifically, the study seeks to determine if increased degrees of multinationality produce additional benefits for multinational firms in terms of excess returns and/or reduced risk. The results indicate that during the period studied, the degree of multinationality did not have a significant influence on the risk and return performance of the sample firms. |
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