Why Do Foreign Firms Have Less Idiosyncratic Risk than U.S. Firms?
收藏NBER2009-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w14931
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Using a large panel of firms across the world from 1991-2006, we show that the median foreign firm has lower idiosyncratic risk than a comparable U.S. firm. Country characteristics help explain variation in the level of idiosyncratic risk, but less so than firm characteristics. Idiosyncratic risk
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美国国家经济研究局创建时间：
2009-04-01
