Xie, Zixiong; Chen, Shyh-Wei; Fang, Jie-Hong - In: Journal of Economics and Management 10 (2014) 1, pp. 49-68
Using data for 541 Taiwanese listed companies over the 1994-2009 period, this paper examines the effect of unexpected exchange rate exposure on the value of the enterprise and the determinants of exchange rate exposure in Taiwan. The empirical evidence shows that about 25% of listed companies...