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On the Financing and Investment Decisions of Multinational Firms in the Presence of Exchange Risk

Published online by Cambridge University Press:  06 April 2009

Rajnish Mehra
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Extract

In recent years, several papers [Mossin [13], Hamada [7], Rubinstein [14]] have addressed the normative implications of the CAPM (developed by Sharpe [15], Lintner [9] and Mossin [12]) for the capital budgeting and capital structure decisions of a value maximizing firm. The model has been extended by Chen and Boness [3] to analyze the effects of uncertain inflation and by Adler and Dumas [1] to study optimal international acquisitions.

Type
Research Article
Information
Journal of Financial and Quantitative Analysis , Volume 13 , Issue 2 , June 1978 , pp. 227 - 244
Copyright
Copyright © School of Business Administration, University of Washington 1978

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References

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