Internationalization and the Evolution of Corporate Valuation
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By documenting the evolution of Tobin's "q" before, during, and after firms internationalize, this paper provides evidence on the bonding, segmentation, and market timing theories of internationalization. Using new data on 9,096 firms across 74 countries over the period 1989-2000, we find that Tobin
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美国国家经济研究局创建时间：
2005-01-01
