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- W2084987631 abstract "This study examines the common stock offering dilution of multinational and domestic firms. Results provide evidence that the benefits of multinationality do not offset the negative information effect of perceived cash flow shortfalls at the announcement of security offerings. MNCs and purely domestic firms experience comparable negative valuation and offering dilution at the announcement of a common stock offering. These results are independent of size and performance differences between multinational and domestic firms at the announcement year." @default.
- W2084987631 created "2016-06-24" @default.
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- W2084987631 date "1991-03-01" @default.
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- W2084987631 title "Multinationality and Common Stock Offering Dilution" @default.
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- W2084987631 doi "https://doi.org/10.1111/j.1467-646x.1991.tb00088.x" @default.
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