{"id":"https://openalex.org/W1964655336","doi":"https://doi.org/10.1108/03074350210767771","title":"A review of the literature on the market valuation of multinational firms","display_name":"A review of the literature on the market valuation of multinational firms","publication_year":2002,"publication_date":"2002-03-01","ids":{"openalex":"https://openalex.org/W1964655336","doi":"https://doi.org/10.1108/03074350210767771","mag":"1964655336"},"language":"en","primary_location":{"id":"doi:10.1108/03074350210767771","doi":"https://doi.org/10.1108/03074350210767771","is_oa":false,"landing_page_url":"https://doi.org/10.1108/03074350210767771","pdf_url":null,"source":{"id":"https://openalex.org/S184351885","display_name":"Managerial Finance","issn_l":"0307-4358","issn":["0307-4358","1758-7743"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","fnege-4","jufo-1","norway-1","poland-40","russia-white-list-3","vabb-shw"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Managerial Finance","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5060761537","display_name":"Shahrokh M. Saudagaran","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I115475287","display_name":"Oklahoma State University","ror":"https://ror.org/01g9vbr38","country_code":"US","type":"education","lineage":["https://openalex.org/I115475287"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Shahrokh M. Saudagaran","raw_affiliation_strings":["Professor and Head, School of Accounting Arthur Andersen Alumni Centennial Professor, Oklahoma State University, Stillwater, Oklahoma 74078, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Professor and Head, School of Accounting Arthur Andersen Alumni Centennial Professor, Oklahoma State University, Stillwater, Oklahoma 74078, USA","institution_ids":["https://openalex.org/I115475287"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5060761537"],"corresponding_institution_ids":["https://openalex.org/I115475287"],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":12,"citation_normalized_percentile":{"value":0.34069372,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":96},"biblio":{"volume":"28","issue":"3","first_page":"5","last_page":"18"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.6015999913215637,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.6015999913215637,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10415","display_name":"International Business and FDI","score":0.32010000944137573,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12675","display_name":"Financial Reporting and Valuation Research","score":0.0689999982714653,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/multinational-corporations","display_name":"multinational corporations","score":0.8939999938011169},{"id":"https://openalex.org/keywords/firm-valuation","display_name":"business valuation","score":0.8519999980926514},{"id":"https://openalex.org/keywords/international-diversification","display_name":"international diversification","score":0.7260000109672546},{"id":"https://openalex.org/keywords/internalization-theory","display_name":"internalization theory","score":0.8709999918937683},{"id":"https://openalex.org/keywords/financial-market-imperfections","display_name":"financial market imperfections","score":0.9700000286102295},{"id":"https://openalex.org/keywords/agency-costs","display_name":"agency costs","score":0.9269999861717224},{"id":"https://openalex.org/keywords/multinationality","display_name":"multinationality","score":0.6840000152587891},{"id":"https://openalex.org/keywords/globalization","display_name":"globalization","score":0.753000020980835},{"id":"https://openalex.org/keywords/firm-value","display_name":"firm value","score":0.6200000047683716}],"concepts":[{"id":"https://openalex.org/C158016649","wikidata":"https://www.wikidata.org/wiki/Q161726","display_name":"Multinational corporation","level":2,"score":0.8562408685684204},{"id":"https://openalex.org/C180916674","wikidata":"https://www.wikidata.org/wiki/Q3711935","display_name":"Diversification (marketing strategy)","level":2,"score":0.7300981879234314},{"id":"https://openalex.org/C186027771","wikidata":"https://www.wikidata.org/wiki/Q4008379","display_name":"Valuation (finance)","level":2,"score":0.7275975346565247},{"id":"https://openalex.org/C2119116","wikidata":"https://www.wikidata.org/wiki/Q7181","display_name":"Globalization","level":2,"score":0.6113672256469727},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5396783947944641},{"id":"https://openalex.org/C2780310539","wikidata":"https://www.wikidata.org/wiki/Q12547192","display_name":"Imperfect","level":2,"score":0.5153986215591431},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.44219258427619934},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.4327417016029358},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.40443119406700134},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.3933636546134949},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.268815815448761},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.21275898814201355},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.1700192093849182},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.15808027982711792},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1108/03074350210767771","doi":"https://doi.org/10.1108/03074350210767771","is_oa":false,"landing_page_url":"https://doi.org/10.1108/03074350210767771","pdf_url":null,"source":{"id":"https://openalex.org/S184351885","display_name":"Managerial Finance","issn_l":"0307-4358","issn":["0307-4358","1758-7743"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-scientific","cwts-core","fnege-4","jufo-1","norway-1","poland-40","russia-white-list-3","vabb-shw"],"host_organization":"https://openalex.org/P4310319811","host_organization_name":"Emerald Publishing Limited","host_organization_lineage":["https://openalex.org/P4310319811"],"host_organization_lineage_names":["Emerald Publishing Limited"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Managerial Finance","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:eme:mf0000:03074350210767771","doi":null,"is_oa":false,"landing_page_url":"https://www.emerald.com/insight/content/doi/10.1108/03074350210767771.html?utm_source=repec&utm_medium=feed&utm_campaign=repec","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:RePEc:eme:mfppss:03074350210767771","doi":null,"is_oa":false,"landing_page_url":"https://www.emerald.com/insight/content/doi/10.1108/03074350210767771/full/html?utm_source=repec&utm_medium=feed&utm_campaign=repec","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[{"id":"https://openalex.org/F4320309482","display_name":"Oklahoma State University","ror":"https://ror.org/045ntgf29"}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":46,"referenced_works":["https://openalex.org/W1527155472","https://openalex.org/W1569435020","https://openalex.org/W1575641806","https://openalex.org/W1576036061","https://openalex.org/W1965512681","https://openalex.org/W1970685113","https://openalex.org/W1976082232","https://openalex.org/W1978473707","https://openalex.org/W1980060145","https://openalex.org/W1988478840","https://openalex.org/W1996288754","https://openalex.org/W1998068604","https://openalex.org/W1999376186","https://openalex.org/W2000585652","https://openalex.org/W2011633482","https://openalex.org/W2014301961","https://openalex.org/W2015930340","https://openalex.org/W2022767856","https://openalex.org/W2023559474","https://openalex.org/W2026954716","https://openalex.org/W2031035880","https://openalex.org/W2035943167","https://openalex.org/W2039763557","https://openalex.org/W2058316343","https://openalex.org/W2059210602","https://openalex.org/W2067046409","https://openalex.org/W2067614166","https://openalex.org/W2073740083","https://openalex.org/W2088151304","https://openalex.org/W2090758019","https://openalex.org/W2095059811","https://openalex.org/W2119116098","https://openalex.org/W2123793180","https://openalex.org/W2130026238","https://openalex.org/W2162448899","https://openalex.org/W2312560584","https://openalex.org/W2312851934","https://openalex.org/W2752617332","https://openalex.org/W2902987049","https://openalex.org/W3121131820","https://openalex.org/W3122187992","https://openalex.org/W3123123337","https://openalex.org/W4213183334","https://openalex.org/W4235078838","https://openalex.org/W4285719527","https://openalex.org/W4383905236"],"related_works":["https://openalex.org/W1988593466","https://openalex.org/W2130026238","https://openalex.org/W1965512681","https://openalex.org/W2001500328","https://openalex.org/W2003283987","https://openalex.org/W2460871384","https://openalex.org/W2599530521","https://openalex.org/W2897882220","https://openalex.org/W612774828","https://openalex.org/W1981490767"],"abstract_inverted_index":{"Summarizes":[0],"three":[1],"theories":[2],"on":[3,34],"the":[4,27],"value":[5],"of":[6,23,26,29],"multinational":[7],"companies:":[8],"internalization,":[9],"imperfect":[10],"capital":[11],"markets":[12],"and":[13,18,31,45],"managerial":[14],"objectives":[15],"(agency":[16],"costs);":[17],"reviews":[19],"a":[20],"comprehensive":[21],"selection":[22],"previous":[24],"studies":[25],"effects":[28],"multinationality":[30],"international":[32],"diversification":[33],"firm":[35],"value.":[36],"Believes":[37],"that":[38],"globalization":[39],"makes":[40],"this":[41],"an":[42],"important":[43],"area":[44],"suggests":[46],"some":[47],"avenues":[48],"for":[49],"further":[50],"research.":[51]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":1},{"year":2016,"cited_by_count":2},{"year":2015,"cited_by_count":1},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":1}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2016-06-24T00:00:00"}
