This study examines the relationship between exchange rate changes and firm value. For this purpose, a sample of 342 Indian non-financial firms grouped into 20 industry portfolios is studied over the period of April 2006 to March 2011. The sensitivity of industry’s stock returns to actual...

Purpose: The purpose of this paper is to examine the potential non-linear relationship between family ownership as a governance mechanism and exchange rate exposure of firms that use financial hedging. Design/methodology/approach: The exchange rate exposure is estimated using two-factor Jorion...

Purpose: The purpose of this paper is to examine the presence of exchange rate exposure and its relationship with currency derivatives usage in the dynamic environment of the global financial crisis of 2008. Design/methodology/approach: Using a sample of 624 Indian firms over the period of...

Purpose: Drawing from the literature on person–environment fit and proactive personality, the purpose of this paper is to empirically examine whether congruence between the proactive personality of a leader and his/her follower is facilitative/inhibitive of creativity of the follower....

The study examines the level of foreign exchange exposure and its determinantsfor a sample of Indian firms. For this purpose, the relationship between exchange rate changes and stock returns for a sample of 361 Indian non financial firms is determined over April 2006-March 2011. The study finds...