Managing FX risk: How useful is accounti
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Stephen Makar; Li Wang; Pervaiz Alam
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Article
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2011
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John Wiley and Sons
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English
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## Abstract Multinational companies manage their exposure to changes in foreign exchange (FX) rates, in part, by using FX derivatives (FXD). And recent volatility in FX rates has increased the importance of evaluating this strategic choice. However, current accounting practices do not provide timel