search query: @indexterm Exchange rate mechanism / total: 26
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Author: | Williamson, R. |
Title: | Exchange rate exposure and competition: evidence from the automotive industry |
Journal: | Journal of Financial Economics
2001 : MAR, VOL. 59:3, p. 441-475 |
Index terms: | Exchange rate mechanism Exchange rates Competition USA Japan |
Language: | eng |
Abstract: | This study examines the effect of real exchange rate changes on multinational firms and incorporates of the effect of intra-industry competition on the relation between exchange rates and firm value. Tests are conducted using a sample of automotive firms from the United Staes and Japan. |
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