They also examine how those incentives influence auditor lobbying across nearly every financial reporting standard issued from through Closed for comment; 0 Comment s posted. Next a check for the similarity rate is done using CrossCheck, powered by iThenticate.
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As a result, financial frictions shape multinational decisions regarding production location, integration, and corporate governance.
Financial considerations often shape the extent to which multinationals generate spillovers for local firms. It also provides a practical tool that can be used to analyze investment choices in international equity contexts. From July 1,we will not automatically provide authors free print journals.
Multinationals may use internal capital markets to pay for fixed costs, address managerial moral hazard, and exploit differences in access to capital across countries. Differences in access to financial capital explain variation in trade participation at the country, industry, and firm level.
It contributes to the stream of empirical studies devoted to developing the estimation of, and understanding the behavior of, expected returns.