Baur, Dirk G. - In: Review of Financial Economics 23 (2014) 4, pp. 174-181
This paper studies the exposure of Australian gold mining firms to changes in the gold price. We use a theoretical … framework to formulate testable hypotheses regarding the gold exposure of gold mining firms. The empirical analysis based on all … gold mining firms in the S&P/ASX All Ordinaries Gold Index for the period from January 1980 to December 2010 finds that the …
