 | Multinational Affiliates and Local Financial Markets Author/Editor: Selin Sayek, Alexander Lehmann, Hyoung Goo Kang. Release Date:June, 2004 We use data on the sources of debt finance of U.S. majority-owned foreign affiliates in 53 countries over the period 1983 to 2001 to examine the role of financial market development, and exposure to more...
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