...Young‐Ryeol Park; Sangcheol Song; Eun‐kyoung Rhee Purpose The purpose of this paper is to examine whether Korean multinational corporations (MNCs) in the electronics and steel industries do shift their production across their foreign subsidiaries, located in different countries, as exchange rates...

... following the crisis. The crisis seems to have served as a “cold shower” for MNEs making investment decisions, as they have taken exchange rate “volatility” into account to a greater extent following the crisis. In contrast, there is no robust evidence that the investment decisions of foreign investors...

... Publishing Limited 2010 China Exchange rates Globalization Chinese Yuan renminbi The Renminbi Yuan and its Accelerating Global Clout Dilip K. Das School of Business, Conestogal College ABSTRACT An impassioned debate has been on in the academic and policy circles regarding the undervaluation...