Who is afraid of politica risk? : multinational firms and their choice of caital structure /

This paper investigates how multinational firms choose their capital structure in response to political risk. We focus on two choice variables, the leverage and the ownership structure of the foreign affiliate, and we distinguish different types of political risk, like expropriation, corruption and...

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Bibliographic Details
Main Author: Kesternich, Iris
Other Authors: Schnitzer, Monika
Format: Book
Language:English
Published: Frankfurt am Main : Deutsche Bundesbank, 2009
Series:Discussion paper (Deutsche Bundesbank). Series 1: economic studies no. 02/2009
Subjects:
Online Access:https://epub.ub.uni-muenchen.de/13339/1/213.pdf