THE CAPITAL‐STOCK DECISION OF SUBSIDIARIES
作者:
STANLEY W. KARDASZ,
期刊:
Economic Inquiry
(WILEY Available online 1979)
卷期:
Volume 17,
issue 1
页码: 114-124
ISSN:0095-2583
年代: 1979
DOI:10.1111/j.1465-7295.1979.tb00298.x
出版商: Blackwell Publishing Ltd
数据来源: WILEY
摘要:
This paper examines the financial effects of centralized control on the capital‐stock decision of the subsidiaries of a multinational enterprise. The approach adopted involves comparing the optimal capital stock of a firm before and after it has merged with another firm located in a different country. Using this method, it is shown that the analysis breaks down into a number of special case
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