The study examines the level of foreign exchange exposure and its determinantsfor a sample of Indian firms. For this purpose, the relationship between exchange rate changes and stock returns for a sample of 361 Indian non financial firms is determined over April 2006-March 2011. The study finds...

This paper examines the impact of firm-level internal corporate governance on exchange rate exposure using a sample of 651 Indian firms over the period 2001 to 2013. The evidence reveals that strong internal firm-level governance is associated with a significant reduction in exchange rate...