A Note On Accounting Exposure and the Value of Multinational Corporations - It is commonly believed that accounting exposure is irrelevant from a financial management perspective since real cash flows are not affected by translation procedures. However, there may be indirect cash flow consequences due to translation procedures. To the extent that earnings projections are influenced by exchange ...
| Year of publication: |
1998
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| Authors: | Martin, Anna D. ; Madura, Jeff ; Akhigbe, Aigbe |
| Published in: |
Global finance journal. - Amsterdam [u.a.] : Elsevier Inc., ISSN 1044-0283, ZDB-ID 11172435. - Vol. 9.1998, 2, p. 269-280
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