over the period 1995 to 2017. I find strong evidence that the after-hedging exposures of potential exporters are affected …

evidence that the functions of institutional investors which were missing in India (Khanna and Palepu, 2000) are taking shape … existing literature on the monitoring role of institutional investors in India. It is evident that FIIs are better monitors of …

optimal hedge ratio given the outcome of past hedging decisions and future expectations. The model implies that the optimal … 2015 and find strong evidence for the model's predictions. By adding a dynamic regret approach to the hedging and FX … literature we shed further light on the rationale behind selective hedging. …