Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1002970 | Research in International Business and Finance | 2010 | 18 Pages |
Abstract
Domestic market indices may not be domestic in the pure sense of the word if they contain a large number of multinational corporations (MNCs). This is particularly relevant in a small open economy like Ireland. This paper shows that Ireland's strong position in attracting FDI has resulted in the domestic market index (the ISEQ index) becoming a marginal measure of the Irish corporate sector. Further results show that Ireland is gaining international exposure through foreign MNCs but this foreign exposure is not directly related to the regions where these firms do business.
Keywords
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
Jenny Berrill,