Similar Search Results

Exchange rate movements and firm value : Evidence from European firms across the financial crisis period

Mozumder, Nurul; De Vita, Glauco; Larkin, Charles; … - In: Journal of Economic Studies 42 (2015) 4, pp. 561-577

Purpose – The purpose of this paper is to investigate the sensitivity of firm value to exchange rate (ER) movements, and the determinants of such exposure for 100 European blue chip companies over 2001-2012. Design/methodology/approach – The authors adopt a disaggregated framework that...

Persistent link: https://www.econbiz.de/10014864045

Exchange rate risks in a small open economy

Nakamura, Chikafumi - In: Journal of Financial Economic Policy 8 (2016) 3, pp. 348-363

Purpose This study aims to analyze exchange rate risks and the choice of exchange rate policies in a small open economy indebted in foreign currency, incorporating the financial accelerator mechanism. Design/methodology/approach To examine discussions on the fear of floating, this study develops...

Persistent link: https://www.econbiz.de/10014867152

Weathering exchange rates: estimating the effect of climate change vulnerability on foreign currency hedging using a text-based approach

Likitapiwat, Tanakorn; Jiraporn, Pornsit; Sirimon … - In: Journal of Accounting Literature 46 (2023) 4, pp. 565-586

exchange rate hedging. Companies more exposed to climate change may invest significant resources to address climate change risk …, such that they have fewer resources available for currency risk management. Additionally, firms seriously coping with … climate change risk may view exchange rate risk as relatively less important in comparison to the risk posed by climate change …

Persistent link: https://www.econbiz.de/10015348830

The Effectiveness of Fed Intervention on the USD/DM Foreign Exchange Market

Huang, Zhaodan; Neun, Stephen - In: Global Economy Journal 6 (2006) 2

This study empirically examines the effectiveness of Fed intervention on the USD/DM exchange market using an event study approach. The event window is defined as 4 (8) days prior/post an intervention. Based on the empirical analysis, the results show that when the Fed follows an "against the...

Persistent link: https://www.econbiz.de/10014593124

Is There a Link Between Foreign Exchange Market Stability and Stock Market Correlations? Evidence from Canada

McPherson, Matthew Q. - In: Multinational Business Review 14 (2006) 1, pp. 45-58

to day risk management of financial institutions, the risk management of firms operating internationally, and the pricing …

Persistent link: https://www.econbiz.de/10014931799

Causality between stock and foreign exchange markets in Bangladesh

Noman, Abdullah M.; Humayun Kabir, Sarkar; Bashar, Omar … - In: Studies in Economics and Finance 29 (2012) 3, pp. 174-186

Purpose – The purpose of this paper is to uncover the direction of causality between foreign exchange market and stock market in Bangladesh, where financial markets are yet in their early development stage. Design/methodology/approach – The paper employs the Granger causality tests using...

Persistent link: https://www.econbiz.de/10015013654

The Dollar Dilemma

Eichengreen, Barry - In: Development Outreach 11 (2009) 3, pp. 47-49

Notwithstanding concerns that the dollar’s prospects as a reserve currency have been dimmed by the crisis, there has been no actual diminution of the dollar’s international role. The dollar will remain the principal form of international reserves for the foreseeable future.

Persistent link: https://www.econbiz.de/10015360095

Ländliche Regional- und Destinationsentwicklungen als Diversifikationsstrategie – am Beispiel ausgewählter Emerging Economies in Asien und Lateinamerika

Schuhbert, Arne - In: Zeitschrift für Tourismuswissenschaft 10 (2018) 2, pp. 233-265

Zusammenfassung Eine von vielen Kontroversen in der Debatte um eine nachhaltige, ländliche Regionalentwicklung durch Tourismus entzündet sich an der Frage, inwiefern eine gezielte Entwicklung des Tourismussektors, im Rahmen der derzeit in vielen Emerging Economies verfolgten...

Persistent link: https://www.econbiz.de/10014624482

International expansion and unobserved heterogeneity in critical success factors : Empirical evidence from Tanzania and Kenya

Rwehumbiza, Deusdedit Augustine - In: African Journal of Economic and Management Studies 8 (2017) 2, pp. 235-252

Purpose The purpose of this paper is to examine the existence of unobserved heterogeneity in the critical drivers of firms’ international expansion. Testing for unobserved heterogeneity assists researchers to come up with precise interpretations and valid conclusions....

Persistent link: https://www.econbiz.de/10014668644

Centrolac

Brenes, Esteban R.; Martínez, Carlos; Pichardo, Caleb A. - In: Academia Revista Latinoamericana de Administración 29 (2016) 1, pp. 2-19

Purpose The purpose of this paper is to discuss Centrolac, a Nicaraguan company engaged in processing ultra-pasteurized milk, and provides abundant information for readers to decide on vertical vs horizontal integration to deal with the changing competitive environment. It has been prepared to...

Persistent link: https://www.econbiz.de/10014677095