This paper examines the impact of operational hedges of US multinational corporations
(MNCs) on their exchange rate exposure. The two important contributions of this study are …

This study examines the relationship between market valuation and the geographic scope of
US multinational corporations'(MNCs) foreign operations by focusing on the importance of …

Previous empirical studies have found that global diversification results in 18% shareholder
loss. In this paper, we examine the sources behind the global diversification shareholder …

We conduct a Meta-analysis of 54 papers that study the relationship between
multinationality and firm performance. The aim is to understand if any systematic …

This study analyzes when different foreign investment location choices are value creating for
firms at different stages of international expansion. I argue that because direct investment in …

The purpose of this paper is to examine how multinationality strategy, home political
influence, and host-country risk explain the performance consequences of OFDI patterns of …

This study investigates the influence of both financial and operational hedges on the foreign-
exchange exposure of US multinational corporations. Three important contributions of our …

This paper investigates the impact of firmwide risk management practices on the foreign
exchange exposure of 208 US multinational corporations (MNC) over the period 1994 to …

We analyse the impact of multinationality on shareholder value in the case of German firms
for the time span from 1990 to 2006. Based on a sample of 13,130 firm-year observations …

A strategic emphasis on value appropriation to value creation framework has emerged as a
growing area of research. However, whether such emphasis is effective in periods of …