As foreign direct investment of U.S. multinational firms
increases rapidly, some key questions emerge from this trend: What
is the true nature of multinationality and what are its impacts on
firm performance? Both questions are answered in this book through
an examination of the nature of multinationality and its
alternative measures and the effect of the degree of
multinationality on firm performance, where firm performance is
expressed by firm value, financial performance, prediction
performance of earnings forecasts, diversification strategy and
ownership structure, and corporate financing. The book is of value
to all those interested in international business, finance and
accounting issues, including professional accountants, business
executives, teachers, researchers, and students.
General
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