Market valuation of the translation process under SFAS No. 52: Further evidence
Description:
This research investigates the information content of the translation information resulting from exchange rate fluctuations. Two hypotheses are examined. The dollar movement hypotheses investigate whether there is a positive relationship between security valuation and the translation information and whether the market assigns different weights to translation gains and losses in both the depreciating and appreciating exchange rate environments. The geographic concentration hypothesis tests wheth…
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Date:
May 2000
Creator:
Lin, Henghsiu
Partner:
UNT Libraries