This study examines the relationship between the value of the firm and unanticipated changes in exchange rate. Using a sample of 651 Indian firms over the period from 2001 to 2013, this study finds that unanticipated changes in exchange rates are more appropriate than actual changes to discover...

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...