Molele, Mashukudu Hartley; Mukuddem-Petersen, Janine - In: The Journal of Risk Finance 21 (2020) 2, pp. 159-179
Purpose: The purpose of this paper is to examine the level of foreign exchange exposure of listed nonfinancial firms in South Africa. The study spans the period January 2002 and November 2015. Foreign exchange risk exposure is estimated in relation to the exchange rate of the South African Rand...