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Foreign Investors' Reaction to Lower Profitability – The Role of Information Asymmetry

✍ Scribed by TOM BERGLUND; P. JOAKIM WESTERHOLM

Book ID
111084631
Publisher
John Wiley and Sons
Year
2010
Tongue
English
Weight
225 KB
Volume
10
Category
Article
ISSN
1369-412X

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📜 SIMILAR VOLUMES

The role of asymmetric information among
The role of asymmetric information among investors in the foreign exchange market
✍ Esen Onur 📂 Article 📅 2008 🏛 John Wiley and Sons 🌐 English ⚖ 259 KB

## Abstract This paper posits asymmetric information as the missing link between the currency demands of investors and changes in the exchange rate. A theoretical model demonstrates that changes in the exchange rate and currency demand are positively correlated for well‐informed investors and negat