Research forum on international economics : international an event study

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dc.contributor.authorMorck, Randall
dc.contributor.authorYeung, Bernard
dc.date.accessioned2022-08-03T05:14:42Z
dc.date.available2022-08-03T05:14:42Z
dc.date.issued2022
dc.description.abstractThe internalization theory of multinational firms proposes that direct international investment occurs when firm has information related intangible assets with public good properties. We find that firms with characteristics suggesting the presences of information based assets experiences a significantly positive stock prices reaction upon announcing a foreign acquisition. on the other hand firms apparently lacking such assets experience at best zoro abnormal returns upon announcing overseas acquisitions.en_US
dc.identifier.urihttp://econspace.ips.lk/handle/789/709
dc.language.isoenen_US
dc.relation.ispartofseries;286
dc.subjectInternational economics, International an event study, International investmenten_US
dc.titleResearch forum on international economics : international an event studyen_US
dc.typeBooken_US
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