The Role of Other Information in the Valuation of Foreign Income for U.S. Multinationals

In this paper, we examine investors' valuation of the domestic and foreign components of total earnings after controlling for information beyond current earnings. Our sample consists of U.S. multinationals during the 1985-2002 period. In a prior study, Bodnar and Weintrop (1997) find that inves...

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Bibliographic Details
Main Authors: Kang, Tony, Hope, Ole-Kristian
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2005
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Online Access:https://ink.library.smu.edu.sg/soa_research/153
http://dx.doi.org/10.1177/0148558X0502000403
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Institution: Singapore Management University
Language: English