How do analysts go about comparing companies in the same sector across borders?
Global markets. Global trading. Global portfolios. And global comparisons by analysts.
Er, no, well not quite, anyway. Peer group comparisons across borders remain a bit of a sticky issue amidst all of this globalisation talk. Even in the sectors, such as chemicals and paper, which by their very nature lend themselves to such analysis, the financial community runs into obstacles in evaluating say, a German company, in relation to a US competitor.
So, what's the problem? Surely, with a little
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