The value relevance of the foreign currency translation differences : a study of multinational oil and gas companies in Australia

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Svetalna Vlady;
  • Journal: Revista Tinerior Economisti(The Young Economists Journal), volume 1, issue 10 April, pages 52-63
  • Subject: International Accounting Standards, Current and Temporal Methods, Foreign Translation Differences, Functional Currency, Value Relevance
    • jel: jel:F3 | jel:F00

This paper investigates the relationship between foreign currency translation differences and changes in firm’s market equity value of the Australian multinational firms in the oil and gas industry. The paper empirically examines this relationship under the former Austr... View more
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