Tobin College of Business Faculty Member Co-Authors Article Listed in Top 25 Hottest Articles on ScienceDirect

The article "Scale Economies in Hedging Foreign Exchange Cash Flow Exposures", co-authored by Anna D. Martin of The Charles F. Dolan School of Business at Fairfield University and Laurence J. Mauer of The Peter J. Tobin College of Business at St. John's University, and appearing in the Global Finance Journal, has regularly been listed in the "Top 25 Hottest Articles" on ScienceDirect.com for that journal under the subject area of Economics, Econometrics and Finance.

ScienceDirect is a service that provides a database of a vast number of articles from over 1600 different journals to millions of scientists and academics around the world. They have the largest electronic collection in the world of articles relative to technology, science and medicine in both full text format and bibliographic information. By keeping statistics to determine which articles are utilized the most, ScienceDirect generates its "Top 25 Hottest Articles" listing for each of its many journal titles. These are the articles that those who are within that specific industry go to most often for information and insight as well as to quote within their own articles and other publications.

"Scale Economies in Hedging Foreign Exchange Cash Flow Exposures", is a study finding that a sample of U.S.-based multinational corporations (MNCs) with heavy involvement in Europe is less frequently exposed to European currency risk than to non-European currency risk. This article has been appearing in the Top 25 of all the articles that have been published in the Global Finance Journal with regularity since it was made available on Science Direct. In the March 2005 quarterly alert - using data from October, November and December, 2004 - the article appeared at #4 overall on the listing.

Dr. Mauer is a professor of Economics and Finance at The Tobin College of Business. His teaching areas include international corporate finance and money and capital markets, and he has been with St. John's since 1983. He has participated extensively in professional journals and has also given numerous presentations before scholarly/professional groups, including testimony before the Committee on Finance, United States Senate, in Washington, D.C. on proposed legislation which subsequently was enacted as the "Tax Reform Act of 1986".