Purpose–The purpose of this study is to delineate the factors influencing the use of financial
derivatives by non-financial firms in managing their exchange rate exposure. In total, 219 …

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 …

Using weekly data from 2003 to 2011, this paper examines the presence of exchange rate
exposure in thirteen Canadian industry sectors. This study contributes to the literature in a …

We examine the sensitivity of 31 UK non‐financial industries to exchange and interest rate
exposure from 1990 to 2006 using first‐order autoregressive exponential GARCH‐in‐mean …

We investigate the likelihood of extreme foreign exchange-rate exposure (FXE), conditioning
upon key firm factors and an expanded view of hedging. Our investigation incorporates the …

This paper examines the conditional time-varying currency betas from five developed
markets and four emerging markets. We employ a modified trivariate BEKK-GARCH-in …

Foreign exchange risk management is well researched in the context of multinational
enterprises, but how small and medium sized exporting firms manage their forex risk is still …

Purpose Interest rate derivatives (IRDs) are the essential components of financial risk
management and are used across various industry sectors. The objective is to analyze the …

To shed light on the influence of US major trade partners' currencies on MNCs' firm values,
this study investigates the asymmetric effects and the determinants of appreciated and …

Bukuini merupakan rangkuman penelitian dengan kebaruan dalam menyintesis teori
balancing dan teori contracting untuk menderivasi konsep hedging berbasis utang valuta …