𝔖 Bobbio Scriptorium
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Foreign exchange exposure of “domestic” corporations

✍ Scribed by Raj Aggarwal; Joel T. Harper

Book ID
116659067
Publisher
Elsevier Science
Year
2010
Tongue
English
Weight
232 KB
Volume
29
Category
Article
ISSN
0261-5606

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Asymmetric corporate exposures to foreign exchange rate changes
✍ Kent D. Miller; Jeffrey J. Reuer 📂 Article 📅 1998 🏛 John Wiley and Sons 🌐 English ⚖ 61 KB

Research examining firms' economic exposures to exchange rate movements has not differentiated periods of foreign currency appreciation and depreciation when estimating exposure coefficients. Recent theoretical developments regarding real options and pricing-to-market suggest corporate exposures may