The purpose of this research is to investigate dividend policy, including its impact on share prices of transportation providers and related service companies, by comparing generalized regression neural networks with conventional regressions. Our results using regressions reveal that for Europe...

Purpose - The purpose of this paper is to investigate the exchange rate exposure of UK non-financial companies from January 1981 to December 2001. Design/methodology/approach -The study employs different exchange rate measures and adopts an equally weighted exchange rate. The analyses are...

Purpose - The purpose of this paper is to examine the effect of firm size and foreign operations on the exchange rate exposure of UK non-financial companies from January 1981 to December 2001. Design/methodology/approach -The impact of the unexpected changes in exchange rates on firms’ stock...

Increasing economic integration and development of global markets means that few companies, if any, are unaffected by currency movements. Change in a company's earnings due to unexpected changes in foreign currency exchange rates relative to their domestic currency is known as foreign exchange...