Exchange rate variability and the riskiness of U.S. multinational firms: Evidence from the breakdown of the Bretton Woods system

A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity

1980 • 25,774 citations

Economic Forces and the Stock Market

1986 • 5,321 citations

Principles of Econometrics

1973 • 3,349 citations

Principles of Econometrics.

1972 • 2,215 citations

International Portfolio Choice and Corporation Finance: A Synthesis

1983 • 1,374 citations

The Exchange-Rate Exposure of U.S. Multinationals

1990 • 1,173 citations

THE EFFECT OF THE FIRM'S CAPITAL STRUCTURE ON THE SYSTEMATIC RISK OF COMMON STOCKS

1972 • 1,034 citations

A model of international asset pricing

1981 • 846 citations

The World Price of Foreign Exchange Risk

1995 • 824 citations

Exposure to Currency Risk: Definition and Measurement

1984 • 804 citations

Firm Valuation, Earnings Expectations, and the Exchange-Rate Exposure Effect

1994 • 746 citations

Exchange rate exposure and industry characteristics: evidence from Canada, Japan, and the USA

1993 • 705 citations

Probability and Statistics.

1978 • 655 citations

The Pricing of Exchange Rate Risk in the Stock Market

1991 • 637 citations

Multivariate tests of financial models

1982 • 632 citations

Session Topic: Capital Asset Pricing Models in an International Context

1974 • 391 citations

Shareholder Benefits from Corporate International Diversification

1984 • 380 citations

The International Pricing of Risk: An Empirical Investigation of the World Capital Market Structure

1974 • 360 citations

International Investments.

1989 • 303 citations

Firm Valuation, Earnings Expectations, and the Exchange-Rate Exposure Effect

1994 • 270 citations

EXCHANGE RATE CHANGES, INFLATION, AND THE VALUE OF THE MULTINATIONAL CORPORATION

1975 • 239 citations

Interest rates and risk premia in the stock market and in the foreign exchange market

1987 • 195 citations

Multinationals are Poor Tools for Diversification

1978 • 191 citations

Managing Financial Risk

1989 • 182 citations

Exchange Rates and Corporate Performance

1994 • 174 citations

Investor Benefits from Corporate International Diversification

1981 • 164 citations

Probability and Statistics

1986 • 162 citations

THE THEORY OF THE TRADING FIRM REVISITED

1978 • 152 citations

Managing Financial Risk.

1991 • 89 citations

Equity risk premia and the pricing of foreign exchange risk

1992 • 67 citations

Tests for a Systematic Risk Component in Deviations from Uncovered Interest Rate Parity

1991 • 62 citations

Directory of American Firms Operating in Foreign Countries

1991 • 59 citations

International asset pricing and equity market risk

1991 • 36 citations

FOREIGN EXCHANGE HEDGING AND THE CAPITAL ASSET PRICING MODEL

1978 • 19 citations

Foreign Exchange Hedging and the Capital Asset Pricing Model

1978 • 12 citations

International Finance

2021 • 11 citations