Batra, Raveendra N; Donnenfeld, Shabtai; Hadar, Josef - In: Journal of International Business Studies 13 (1982) 3, pp. 59-70
This paper examines the impact of the presence of a forward exchange market on the financial and operational decisions of a multinational firm. The study concentrates especially on the effects of increased uncertainly and increased risk aversion on the part of the multinational firm. It is shown...