Chambliss, Karen; Madura, Jeff; Wright, Francis W - In: Journal of Financial Research 17 (1994) 1, pp. 133-46
In this study we investigate the risk characteristics of U.S.-based multinational corporations (MNCs) that conduct much of their business in the European Community. Specifically, we assess the efficacy of a multifactor return-generating model that incorporates the influence of U.S. and European...