Showing 1 - 10 of 74,369
This paper analyses the foreign exchange rate exposure of Hungarian firms and its determinants on the basis of …, resp. 2003 - 2012 in case of cash flow analysis. Stock prices exposure analysis showed that significant number of these … determinants of firms’ exchange rate exposure. …
Persistent link: https://www.econbiz.de/10011460529
operates internationally. For individual companies, exposure to FX risk results in different financial implications, stressing … such parameters as the industry affiliation and the company's size with respect to the level of FX risk exposure. In this … paper we analyse how FX exposure of companies of different size and operating in industrial and service sectors affects …
Persistent link: https://www.econbiz.de/10012642502
During the financial and economic crisis, non-price type restrictive factors came to the fore in financial markets as well; these mainly consist of limits and margin requirements. Specific relevant signs were observed in the domestic financial markets in late 2011 and early 2012: following the...
Persistent link: https://www.econbiz.de/10010734586
This article proposes a multi-currency cross-hedging strategy that minimizes the exchange risk. The use of derivatives in small and medium-sized enterprises (SMEs) is not common but, despite its complexity, can be interesting for those with international activities. In particular, the reduction...
Persistent link: https://www.econbiz.de/10011821658
Persistent link: https://www.econbiz.de/10010252367
Persistent link: https://www.econbiz.de/10003782573
The paper explores the long versus short-term attributes of the airline industry exposure to oil price risk in a … significant, robust, and pervasive, and is coupled with a concerning exposure to the US dollar currency risk. As another …
Persistent link: https://www.econbiz.de/10013258732
2007 to 2009. Using balance-sheet data on firms’ positions in derivatives and their foreign exchange exposure, the paper … the volume of derivatives used during this period, but used them in line with their currency exposure – and active … speculators – companies that adopted positions that would have been inadvisable had the aim been to hedge their currency exposure …
Persistent link: https://www.econbiz.de/10010719020
This paper studies various approaches to the equilibrium real effective exchange rate estimation, including structural and direct estimation approaches. It shows their strengths and weaknesses with application to the case of Latvia. Despite the approaches differing considerably in terms of their...
Persistent link: https://www.econbiz.de/10011868489
The aim of the study is to explore the short-run and long-run dynamic relationships between exchange rate fluctuations and foreign direct investment (FDI) inflows in China. The justification is that the undertaken topic is preeminent for devising strategies to promote economic development, thus,...
Persistent link: https://www.econbiz.de/10014544664