Foreign exchange rate exposure and its determinants : firm and industry level analysis

Financial theory predicts that a change in an exchange rate should affect the value of a firm or an industry. To a large extent, past research has not supported this theory. which is surprising especially after considering the substantial exchange ratc fluctuations over the last three' decades....

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Bibliographic Details
Main Author: El-Masry, Ahmed Ahmed
Published: University of Manchester 2006
Subjects:
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.488633