Detalles del recurso
Pertenece a:
UTL Repository Universidade Técnica de Lisboa
Descripción: Firms are exposed to foreign exchange risk when the results of their projects depend on future exchange rates and those exchange rates can not be fully anticipated. Through the last 50 years, exchange risk management has received increasing attention in both corporate practice and literature. Firms are also exposed to other market factors, domestic and internationally, with a major impact on their stock returns. During the past decade the telecommunications sector has been under the impact of strong pressures that reshaped companies positioning in the marketplace and their business models. Those pressures may have changed the main driving factors that impact their stock returns, possibly exposing them to increased exchange rate risk. The objective of this study is (1) to identify how the theory has discussed analysed and explained the influence of the main drivers of Multinational Corporations (MNCs) stock return variations, (2) to apply an empirical model and methodology to analyse the impact of market factors and exchange rate variations in Multinational Telecommunications Operators' stock returns valuation and (3) verify if the previous literature results still hold for international telecommunications operators.
Autor(es): Oliveira, Maria da Conceição T. F. Monteiro H. -
Id.: 55231166
Idioma:
eng
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Versión: 1.0
Estado: Final
Palabras clave: Multinational companies -
Tipo de recurso:
masterThesis
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Tipo de Interactividad: Expositivo
Nivel de Interactividad: muy bajo
Audiencia:
Estudiante
- Profesor
- Autor
-
Estructura: Atomic
Coste: no
Copyright: sí
: open access
Requerimientos técnicos: Browser: Any -
Fecha de contribución: 01-may-2012
Contacto:
Localización:
* Oliveira, Maria da Conceição T. F. Monteiro H.. 2012. "Multinational telecommunications operators : impact of market factors and foreign currency exchange rate variations in their stock returns". Dissertação de Mestrado. Universidade Técnica de Lisboa. Instituto Superior de Economia e Gestão.
