Master's thesis in FinanceThis paper examines the effect of currency hedging on the financial results, stock prices and firm value on ten seafood companies listed on the Oslo Stock Exchange. Running Monte Carlo simulations on a firm’s financial result, we find no financial gains associated with hedging. However, we find evidence that hedging reduce the volatility of foreign revenue. Regressing stock returns as the dependent variable we find little evidence of that currency fluctuations and hedging activities have any significant effect on stock prices. Using Tobin’s Q as a proxy for firm value we find a positive association with hedging, however we fail to confirm this effect using more advanced panel data techniques
We examine the effect of hedging with financial derivatives on firm value and financial performance,...
We examine the impact of corporate currency hedging on economic stability by introducing hedging act...
In this paper we use UK data to present empirical evidence on the valuation and debt capacity effect...
Examining the impact that the use of foreign exchange derivatives have on firm market value is the m...
Previous studies have identified that the use of currency derivatives in order to minimize the risk ...
The US economy has seen very volatile times over the past decade due to global events like US subpri...
The main purpose of this thesis is to examine whether firms’ engagement in hedging activities is re...
Fluctuations in global foreign exchange markets in recent years have again shown that many Norwegian...
Previous research on the impact of currency risk on stock returns has failed to find a significant r...
The purpose of this study is to examine the combined effect of foreign currency derivatives hedging ...
Abstract: This paper explores the effect of foreign exchange hedging on firm value around the world ...
The paper analyzes some of the ingredients of currency hedging and portfolio construction against th...
We examine the impact of corporate currency hedging on economic sta-bility by introducing hedging ac...
This paper investigates dynamic currency hedging benefits, with a further focus on the impact of cur...
We examine the effect of hedging with financial derivatives on firm value and financial performance,...
We examine the effect of hedging with financial derivatives on firm value and financial performance,...
We examine the impact of corporate currency hedging on economic stability by introducing hedging act...
In this paper we use UK data to present empirical evidence on the valuation and debt capacity effect...
Examining the impact that the use of foreign exchange derivatives have on firm market value is the m...
Previous studies have identified that the use of currency derivatives in order to minimize the risk ...
The US economy has seen very volatile times over the past decade due to global events like US subpri...
The main purpose of this thesis is to examine whether firms’ engagement in hedging activities is re...
Fluctuations in global foreign exchange markets in recent years have again shown that many Norwegian...
Previous research on the impact of currency risk on stock returns has failed to find a significant r...
The purpose of this study is to examine the combined effect of foreign currency derivatives hedging ...
Abstract: This paper explores the effect of foreign exchange hedging on firm value around the world ...
The paper analyzes some of the ingredients of currency hedging and portfolio construction against th...
We examine the impact of corporate currency hedging on economic sta-bility by introducing hedging ac...
This paper investigates dynamic currency hedging benefits, with a further focus on the impact of cur...
We examine the effect of hedging with financial derivatives on firm value and financial performance,...
We examine the effect of hedging with financial derivatives on firm value and financial performance,...
We examine the impact of corporate currency hedging on economic stability by introducing hedging act...
In this paper we use UK data to present empirical evidence on the valuation and debt capacity effect...