Research Note: A Comparison of the Financial Characteristics of U.S. and Japanese Electronics Firms |
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Authors: | Ilhan Meric Carol N. Welsh Robert E. Pritchard Gulser Meric |
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Affiliation: | (1) Department of Finance, College of Business Administration, Rider University, Lawrenceville, New Jersey 08648, USA;(2) Department of Accounting and Finance, College of Business, Rowan University, Glassboro, New Jersey 08028, USA |
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Abstract: | The growing U.S. trade deficit with Japan has provided the motivation for a number of comparative studies of U.S. and Japanese business firms in recent years. In this study, the financial characteristics of U.S. and Japanese electronics firms are compared using multivariate analysis of variance (MANOVA) method. The findings indicate that the financial characteristics of U.S. and Japanese electronics firms are significantly different. |
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