Institutions as valuation moderators: empirical evidence from semiconductor multinationals

Key Points

• This research examines how institutions act as moderators of valuation within the semiconductor sector.
• Analyzed data from semiconductor multinationals across different institutional contexts.
• Utilized empirical evidence to assess the impact of valuation moderators.
• Explored the relationship between institutional factors and corporate valuation metrics.
• Identified significant differences in valuation outcomes based on institutional environments.
• Showed that strong institutional frameworks improve valuation stability in multinationals.
• Demonstrated that variations in institutional quality lead to diverse valuation results.