Chan, Kam C.; Seow, Gim S.; Tam, Kinsun - In: Managerial Finance 28 (2002) 3, pp. 57-72
Reviews previous research on the impact of changes in exchange rates on firm value and develops hypotheses on the effect of exchange rate exposure on US pharmaceutical firms 1990‐1999. Tests them using data from 523 firms (21 producing proprietary drugs and 32 generic) splite into two...