This study examines the implications of differences in strategy and industry structure for firms\u27 economic exposures to foreign exchange rate movements. Analysis of exchange rate data indicates previous empirical research using a single exchange rate proxy understates economic exposures. This study estimated firms\u27 exposures using a multivariate model. The empirical evidence from U.S. manufacturing firms indicates that foreign direct investment reduces economic exposure to foreign exchange rate movements
In this paper, we estimate the exchange rate exposure, indicating the effect of exchange rate moveme...
textabstractWhile in previous literature foreign currency exposure is estimated to be surprisingly s...
Previous research on the impact of currency risk on stock returns has failed to find a significant r...
Research examining firms\u27 economic exposures to exchange rate movements has not differentiated pe...
Are firms that engage in trade more vulnerable to exchange rate risk? In this paper we examine the r...
Financial theory predicts that a change in an exchange rate should affect the value of a firm or an ...
The study investigates foreign exchange rate risk exposure of 37 manufacturing firms traded in Istan...
Empirical research has documented a low stock price reaction to exchange rate movements. We examine ...
We re-examine the relationship between exchange rate movements and firm value. We estimate the excha...
This article undertakes an in-depth study of the foreign exchange exposure of Malaysian listed firms...
Previous literature finds mixed empirical support for a relation between exchange rate exposure and ...
Foreign exchange exposure refers to the sensitivity of a firms cash flows to changes in exchange rat...
Exposure to foreign exchange rate risk has become an increasingly important issue to investors and ...
As a result of business globalization, many multinational enterprises operating in different nations...
This two part dissertation is an in depth study of the measurement of foreign currency economic expo...
In this paper, we estimate the exchange rate exposure, indicating the effect of exchange rate moveme...
textabstractWhile in previous literature foreign currency exposure is estimated to be surprisingly s...
Previous research on the impact of currency risk on stock returns has failed to find a significant r...
Research examining firms\u27 economic exposures to exchange rate movements has not differentiated pe...
Are firms that engage in trade more vulnerable to exchange rate risk? In this paper we examine the r...
Financial theory predicts that a change in an exchange rate should affect the value of a firm or an ...
The study investigates foreign exchange rate risk exposure of 37 manufacturing firms traded in Istan...
Empirical research has documented a low stock price reaction to exchange rate movements. We examine ...
We re-examine the relationship between exchange rate movements and firm value. We estimate the excha...
This article undertakes an in-depth study of the foreign exchange exposure of Malaysian listed firms...
Previous literature finds mixed empirical support for a relation between exchange rate exposure and ...
Foreign exchange exposure refers to the sensitivity of a firms cash flows to changes in exchange rat...
Exposure to foreign exchange rate risk has become an increasingly important issue to investors and ...
As a result of business globalization, many multinational enterprises operating in different nations...
This two part dissertation is an in depth study of the measurement of foreign currency economic expo...
In this paper, we estimate the exchange rate exposure, indicating the effect of exchange rate moveme...
textabstractWhile in previous literature foreign currency exposure is estimated to be surprisingly s...
Previous research on the impact of currency risk on stock returns has failed to find a significant r...