International Variation Of Return On Equity In The Food And Beverage Industries
The objective was to analyze the effects of country and firm specific factors on the return on equity in the beverage and tobacco and food and consumer products industries for eleven industrialized nations. The results indicated that country and firm specific factors were important in explaining variation in return on equity within countries but not generally across countries or time.
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- Mark E. Levonian, 1994. "The persistence of bank profits: what the stock market implies," Economic Review, Federal Reserve Bank of San Francisco, pages 3-17.
- Bahmani-Oskooee, Mohsen & Ltaifa, Nabil, 1992. "Effects of exchange rate risk on exports: crosscountry analysis," World Development, Elsevier, vol. 20(8), pages 1173-1181, August.
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