“...We show that both return measurement horizon and model specification have noticeable impacts on estimates of exposure from equity prices for US firms. While...”

“...Why do firms manage risk? According to various theories, firms hedge to mitigate credit rationing, to alleviate information asymmetry, and to reduce the risk...”

“...This paper examines the importance of exchange rate exposure in the return generating process for a large sample of non-financial firms from 37 countries. We...”

“...Consistent with previous research, we fail to find a significant correlation between the abnormal returns of our sample firms with international activities and...”

“...This paper surveys risk management practices among Italian non‐financial firms. This paper's contribution lies in investigating derivative usage particular to...”

“...This paper is a comparative study of the responses to the 1995 Wharton School survey of derivative usage among US non‐financial firms and a 1997 companion...”

“...In this paper we examine the value relevance of geographical earnings disclosures for firms listed and domiciled in Australia, Canada and the United Kingdom...”

“...This paper examines industry-level exchange rate exposures for Canada, Japan, and the USA. Measuring exposure by adding the change in the exchange rate to the...”