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The exchange rate exposure of UK non-financial companies----(9)

时间:2010-03-16 23:04来源:未知 作者:留学生作业 点击:
[32] Nance, D.R., Smith, C.W. Jr., Smithson C.W., (1993), On the determinants of corporate hedging, Journal of Finance, Vol. 48, pp.391-405. [33] Nydahl, S. (1999), Exchange rate exposure, foreign inv

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[32] Nance, D.R., Smith, C.W. Jr., Smithson C.W., (1993), “On the determinants of corporate hedging”, Journal of Finance, Vol. 48, pp.391-405.

[33] Nydahl, S. (1999), “Exchange rate exposure, foreign involvement and currency hedging of firms: some Swedish evidence”, European Financial Management, Vol. 5 No. 2, pp. 241-57.

[34] Rees, W. and Unni, S. (2005), ‘‘Exchange rate exposure among European firms: evidence from France, Germany and the UK’’, Accounting and Finance, Vol. 45, pp. 479-97.

[35] Shin, H-H. and Soenen, L. (1999), ‘‘Exposure to currency risk by US multinational corporations’’, Journal of Multinational Financial Management, Vol. 9, pp. 195-207.

[36] Walsh, E. (1994), ‘‘Operating income, exchange rate changes and the value of the firm: an empirical analysis’’, Journal of Accounting, Auditing and Finance, Vol. 9, pp. 703-24.

[37] Williamson, R. (2001), “Exchange rate exposure and competition: evidence from the automotive industry”, Journal of Financial Economics, Vol. 59, pp. 441-75.



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