This paper provides evidence on the asymmetric sensitivity of stock returns of French firms to exchange rate risk and the effect of foreign currency (FC) derivative use in alleviating this risk. The results show that FC exposure is frequently asymmetric and differs with respect to the US dollar (USD) and non-USD currencies. Cross sectional analysis provides evidence that FC derivatives use has a significant effect on reducing FC exposure to appreciations and depreciations of non-USD currencies and depreciations of the USD, but not to appreciations of the USD
We examine whether firms use foreign currency derivatives for hedging or for speculative purposes. U...
We investigate the role of foreign currency derivatives (FCD) in alleviating foreign exchange rate e...
We investigate the impact of the introduction of the Euro on exchange rate exposures for French corp...
This paper provides evidence on the asymmetric sensitivity of stock returns of French firms to excha...
We investigate the impact of the introduction of the Euro on exchange rate exposures for French corp...
We investigate the impact of the introduction of the Euro on exchange rate exposures for French corp...
We investigate the impact of the introduction of the Euro on exchange rate exposures for French corp...
This paper investigates the effect of foreign currency (FC) derivative use on shareholder value. Exp...
This paper investigates the effect of foreign currency (FC) derivative use on shareholder value. Exp...
We examine whether firms use foreign currency derivatives for hedging or for speculative purposes. U...
In January 1999 several European countries adopted a common currency, the "euro". This important eco...
In January 1999 several European countries adopted a common currency, the "euro". This important eco...
In January 1999 several European countries adopted a common currency, the "euro". This important eco...
In January 1999 several European countries adopted a common currency, the "euro". This important eco...
We investigate the role of foreign currency derivatives (FCD) in alleviating foreign exchange rate e...
We examine whether firms use foreign currency derivatives for hedging or for speculative purposes. U...
We investigate the role of foreign currency derivatives (FCD) in alleviating foreign exchange rate e...
We investigate the impact of the introduction of the Euro on exchange rate exposures for French corp...
This paper provides evidence on the asymmetric sensitivity of stock returns of French firms to excha...
We investigate the impact of the introduction of the Euro on exchange rate exposures for French corp...
We investigate the impact of the introduction of the Euro on exchange rate exposures for French corp...
We investigate the impact of the introduction of the Euro on exchange rate exposures for French corp...
This paper investigates the effect of foreign currency (FC) derivative use on shareholder value. Exp...
This paper investigates the effect of foreign currency (FC) derivative use on shareholder value. Exp...
We examine whether firms use foreign currency derivatives for hedging or for speculative purposes. U...
In January 1999 several European countries adopted a common currency, the "euro". This important eco...
In January 1999 several European countries adopted a common currency, the "euro". This important eco...
In January 1999 several European countries adopted a common currency, the "euro". This important eco...
In January 1999 several European countries adopted a common currency, the "euro". This important eco...
We investigate the role of foreign currency derivatives (FCD) in alleviating foreign exchange rate e...
We examine whether firms use foreign currency derivatives for hedging or for speculative purposes. U...
We investigate the role of foreign currency derivatives (FCD) in alleviating foreign exchange rate e...
We investigate the impact of the introduction of the Euro on exchange rate exposures for French corp...