How Do Large Depreciations Affect Firm Performance?
This paper examines how 12 "major depreciations" between 1997 and 2000 affected different measures of firm performance in a sample of over 13,500 companies from around the world. Results suggest that in the year after depreciations, firms have significantly higher growth in market capita...
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| Language: | en_US |
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2002
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| Online Access: | http://hdl.handle.net/1721.1/1766 |