{"id":{"repo_id":"uiuc","oai_identifier":"oai:www.ideals.illinois.edu:2142/71407"},"canonical_url":"https://search.dev.ndltd.org/etd/uiuc/oai:www.ideals.illinois.edu:2142/71407","repository":{"repo_id":"uiuc","name":"University of Illinois - Urbana-Champaign","base_url":"https://www.ideals.illinois.edu/oai-pmh"},"display":{"title":"An Investigation Into the Usefulness of Publicly Disclosed Accounting Earnings Data in Valuing the Foreign Operations of U.S.-based Multinational Enterprises","abstract":"This study investigates the usefulness of accounting data in valuing the foreign operations of U.S.-based MNEs. This task is carried out by examining the relationship between three sets of variables. The three sets are: (1) conditions in the economic environment, (2) accounting data, and (3) economic constructs. The conditions in the economic environment are hypothesized as being reflected in the accounting data. The accounting data, in turn, are hypothesized as being reflected in the economic variables.","abstract_html":"This study investigates the usefulness of accounting data in valuing the foreign operations of U.S.-based MNEs. This task is carried out by examining the relationship between three sets of variables. The three sets are: (1) conditions in the economic environment, (2) accounting data, and (3) economic constructs. The conditions in the economic environment are hypothesized as being reflected in the accounting data. The accounting data, in turn, are hypothesized as being reflected in the economic variables.","abstract_has_math":false,"creators":["Senteney, David L."],"institution":"University of Illinois at Urbana-Champaign","degree_name":"Ph.D.","degree_level":"Dissertation","degree_discipline":"Accountancy","degree_department":null,"school":null,"contributors":[],"advisors":[],"committee_chairs":[],"committee_members":[],"year":2014,"date_issued":"2014-12-16T06:41:22Z","date_published":"2014-12-16T06:41:22Z","updated_at":"2026-07-22T22:26:04Z","subjects":["Business Administration, Accounting"],"languages":[],"rights":[],"rights_urls":[],"identifier_entries":[{"key":"dc:identifier","label":"Identifier","values":["(UMI)AAI8803198"],"render_values":[{"text":"(UMI)AAI8803198","href":null,"code":true}]}]},"links":{"outbound_url":"http://hdl.handle.net/2142/71407","outbound_label":"Handle","outbound_source":"dc:identifier"},"metadata_groups":[{"id":"people","label":"People","entries":[{"key":"dc:creator","label":"Author","values":["Senteney, David L."]}]},{"id":"academic_context","label":"Academic Context","entries":[{"key":"dc:date","label":"Dc Date","values":["2014-12-16T06:41:22Z","10000-01-01","1987"]},{"key":"dc:type","label":"Dc Type","values":["text"]},{"key":"thesis:degree_discipline","label":"Discipline","values":["Accountancy"]},{"key":"thesis:degree_level","label":"Degree Level","values":["Dissertation"]},{"key":"thesis:degree_name","label":"Degree Name","values":["Ph.D."]},{"key":"thesis:institution_name","label":"Thesis Institution Name","values":["University of Illinois at Urbana-Champaign"]}]},{"id":"subjects_keywords","label":"Subjects and Keywords","entries":[{"key":"dc:subject","label":"Dc Subject","values":["Business Administration, Accounting"]}]},{"id":"identifiers","label":"Identifiers","entries":[{"key":"dc:identifier","label":"Identifier","values":["http://hdl.handle.net/2142/71407","(UMI)AAI8803198"]}]},{"id":"additional","label":"Additional Metadata","entries":[{"key":"dc:description","label":"Description","values":["This study investigates the usefulness of accounting data in valuing the foreign operations of U.S.-based MNEs. This task is carried out by examining the relationship between three sets of variables. The three sets are: (1) conditions in the economic environment, (2) accounting data, and (3) economic constructs. The conditions in the economic environment are hypothesized as being reflected in the accounting data. The accounting data, in turn, are hypothesized as being reflected in the economic variables.","The investigation of these relationships is carried out using a simultaneous equations approach to statistical estimation. The jointly-determined variables are economic variables. The independent variables are accounting variables. The usefulness of the accounting data in assessing the economic relationships and prevailing conditions in the economic environment is evaluated via the sign and magnitude of the coefficients. Hypotheses concerning these coefficients are derived a priori from the extant literature.","The results of the statistical tests of hypotheses indicate the accounting data are significantly related to the economic variables, and the economic variables are significantly related to one another. The accounting data are related to the economic variables as expected. However, the economic variables reflect the effects of segmentation.","The conclusions are that: (1) accounting data are useful in assessing the economic profits accruing to MNEs, (2) accounting data may be useful in assessing the riskiness of those profits, though additional research is required, (3) accounting data are useful in valuing the foreign operations of MNEs, (4) competition among MNEs may have eroded the premium attributable to financial intermediation, (5) segmentation may be high, and (6) there is incentive for MNEs to take on additional operating systematic risk.","Made available in DSpace on 2014-12-16T06:41:22Z (GMT). No. of bitstreams: 1 8803198.pdf: 5875519 bytes, checksum: fe3d8ccdadd3aaf5b9a4ff61a9eaaa73 (MD5) Previous issue date: 1987","Embargo set by: Seth Robbins for item 71573 Lift date: Forever Reason: Restricted to the U of I community idenfinitely during batch ingest of legacy ETDs","Restricted to the U of I community idenfinitely during batch ingest of legacy ETDs","U of I Only","158 p.","Thesis (Ph.D.)--University of Illinois at Urbana-Champaign, 1987."]},{"key":"dc:title","label":"Title","values":["An Investigation Into the Usefulness of Publicly Disclosed Accounting Earnings Data in Valuing the Foreign Operations of U.S.-based Multinational Enterprises"]}]}],"canonical_facts":{"dc:creator":["Senteney, David L."],"dc:date":["2014-12-16T06:41:22Z","10000-01-01","1987"],"dc:description":["This study investigates the usefulness of accounting data in valuing the foreign operations of U.S.-based MNEs. This task is carried out by examining the relationship between three sets of variables. The three sets are: (1) conditions in the economic environment, (2) accounting data, and (3) economic constructs. The conditions in the economic environment are hypothesized as being reflected in the accounting data. The accounting data, in turn, are hypothesized as being reflected in the economic variables.","The investigation of these relationships is carried out using a simultaneous equations approach to statistical estimation. The jointly-determined variables are economic variables. The independent variables are accounting variables. The usefulness of the accounting data in assessing the economic relationships and prevailing conditions in the economic environment is evaluated via the sign and magnitude of the coefficients. Hypotheses concerning these coefficients are derived a priori from the extant literature.","The results of the statistical tests of hypotheses indicate the accounting data are significantly related to the economic variables, and the economic variables are significantly related to one another. The accounting data are related to the economic variables as expected. However, the economic variables reflect the effects of segmentation.","The conclusions are that: (1) accounting data are useful in assessing the economic profits accruing to MNEs, (2) accounting data may be useful in assessing the riskiness of those profits, though additional research is required, (3) accounting data are useful in valuing the foreign operations of MNEs, (4) competition among MNEs may have eroded the premium attributable to financial intermediation, (5) segmentation may be high, and (6) there is incentive for MNEs to take on additional operating systematic risk.","Made available in DSpace on 2014-12-16T06:41:22Z (GMT). No. of bitstreams: 1 8803198.pdf: 5875519 bytes, checksum: fe3d8ccdadd3aaf5b9a4ff61a9eaaa73 (MD5) Previous issue date: 1987","Embargo set by: Seth Robbins for item 71573 Lift date: Forever Reason: Restricted to the U of I community idenfinitely during batch ingest of legacy ETDs","Restricted to the U of I community idenfinitely during batch ingest of legacy ETDs","U of I Only","158 p.","Thesis (Ph.D.)--University of Illinois at Urbana-Champaign, 1987."],"dc:identifier":["http://hdl.handle.net/2142/71407","(UMI)AAI8803198"],"dc:subject":["Business Administration, Accounting"],"dc:title":["An Investigation Into the Usefulness of Publicly Disclosed Accounting Earnings Data in Valuing the Foreign Operations of U.S.-based Multinational Enterprises"],"dc:type":["text"],"thesis:degree_discipline":["Accountancy"],"thesis:degree_level":["Dissertation"],"thesis:degree_name":["Ph.D."],"thesis:institution_name":["University of Illinois at Urbana-Champaign"]},"updated_at":"2026-07-22T22:26:04Z"}