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A Comparison Of The Financial Characteristics Of U.S. And German Manufacturing Firms, Daniel Folkinshteyn, Ozge Uygur, Gulser Meric
A Comparison Of The Financial Characteristics Of U.S. And German Manufacturing Firms, Daniel Folkinshteyn, Ozge Uygur, Gulser Meric
Rohrer College of Business Faculty Scholarship
The U.S. and Germany rank #1 and #3, respectively, in the world, in terms of the total amount of international trade. U.S. and German firms compete with one another for a larger market share in other countries and in each other’s local markets. And yet, there are no published studies that compare the financial management practices of U.S. and German firms. In this paper, we make a contribution to the finance literature on this subject by comparing the financial characteristics of U.S. and German manufacturing firms. Our findings provide valuable insights for corporate financial managers and for investors who invest …