Foreign exchange risk exposure: Survey and suggestions

A Muller, WFC Verschoor - Journal of Multinational Financial Management, 2006 - Elsevier
Assessing the sensitivity of firm value to exchange rate changes has been one of the most
challenging issues in international financial management over the last two decades. This …

Capital market response to emission rights returns: Evidence from the European power sector

S Veith, JR Werner, J Zimmermann - Energy economics, 2009 - Elsevier
Prior studies on the distributional effects of the European Union's Emission Trading Scheme
(EU ETS) have so far only relied on supply and demand data. Empirical evidence from …

What lies beneath: Foreign exchange rate exposure, hedging and cash flows

SM Bartram - Journal of Banking & Finance, 2008 - Elsevier
This paper presents results from an in-depth analysis of the foreign exchange rate exposure
of a large nonfinancial firm based on proprietary internal data including cash flows …

Hedging and invoicing strategies to reduce exchange rate exposure-a euro-area perspective

B Döhring - 2008 - ideas.repec.org
Domestic-currency invoicing and hedging allow internationally active firms to reduce their
exposure to exchange rate variations. This paper argues that domestic-currency invoicing …

The foreign exchange exposure of UK non-financial firms: A comparison of market-based methodologies

S Agyei-Ampomah, K Mazouz, S Yin - International Review of Financial …, 2013 - Elsevier
We use a sample of 269 UK non-financial firms to study the sensitivity of foreign exchange
exposure, and its determinants, to the different estimation methods. The standard Jorion's …

International evidence on the determinants of foreign exchange rate exposure of multinational corporations

RW Faff, A Marshall - Journal of International Business Studies, 2005 - Springer
In this paper we explore some of the potential determinants of foreign exchange (FX)
exposure and firm value. We contribute to previous research on stock returns and firm value …

The exposure of shipping firms' stock returns to financial risks and oil prices: a global perspective

AA El-Masry, M Olugbode, J Pointon - Maritime Policy & …, 2010 - Taylor & Francis
Shipping is an industry that is highly geared towards international trade and therefore, would
seem to be highly susceptible to fluctuations in macroeconomic factors. This article …

[PDF][PDF] THE IMPACT OF EXCHANGE RATE MOVEMENTS ON FIRM VALUE IN VISEGRAD COUNTRIES.

J Šimáková - Acta Universitatis Agriculturae et …, 2017 - pdfs.semanticscholar.org
THE IMPACT OF EXCHANGE RATE MOVEMENTS ON FIRM VALUE IN VISEGRAD
COUNTRIES Page 1 2105 ACTA UNIVERSITATIS AGRICULTURAE ET SILVICULTURAE …

Are firms hedging or speculating? The relationship between financial derivatives and firm risk

H Nguyen, R Faff - Applied Financial Economics, 2010 - Taylor & Francis
The focus of this article is an investigation of the relationship between the use of financial
derivatives and firm risk using a sample of Australian firms. Our results suggest that this …

The exchange rate exposure of UK non‐financial companies

A El‐Masry, O Abdel‐Salam, A Alatraby - Managerial finance, 2007 - emerald.com
Purpose–The purpose of this paper is to investigate the exchange rate exposure of UK non‐
financial companies from January 1981 to December 2001. Design/methodology/approach …